L.A. May Turn Real Estate Developers’ Arts Fees Into Relief Funding For Arts Groups

“For every private development project of $500,000 or more in the city of Los Angeles, the developer must pay an arts fee to the city based on the square footage of the building or a percentage of the value of the permit. Those funds are then allocated to cultural events such as festivals and other public arts happenings. But with dense public gatherings not possible for the foreseeable future, L.A. City Councilman David Ryu hopes to use those funds as relief grants for arts organizations.” – Los Angeles Times