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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 2005, Toronto Arts Council made 15 loans totaling $113,300. 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.

 

©Toronto Arts Council 2006