LOAN FUND
The Loan Fund was established in 1977 for the
use of Toronto arts organizations in need of immediate short-term
bridge financing. Eligible applicants are able to apply for
loans of up to $10,000. In 2004, Toronto Arts Council made
15 loans totalling $145,400.
The Loan Fund puts the City of Toronto in the
vanguard with respect to its support of the arts. Toronto
is one of the few North American cities and the only Canadian
city to provide this much needed and very appreciated service
to its community.
|
