Austin, Texas – – The city of Austin is providing $ 1.34 million in emergency funding to local live music venues affected by the COVID-19 pandemic. 67 local live music venues receive aid from the city.
Funding came through the Austin Live Music Venue Preservation Fund, a $ 5 million program established by the Austin City Council on December 3, 2020 through Resolution No. 20200103-013. Working in partnership with the City of Austin, the Long Center processed applications and distributed grants as part of Phase 1: Emergency Funding of the program.
“The Economic Development Department and Long Center staff worked during the vacation to bring these funds to local live music venues,” noted Veronica Briseño, Austin’s chief economic recovery officer. “We are proud that this support has benefited many of the cultural and economic icons in our community, and we are determined to build on the initial grants by providing support through technical assistance and additional financial resources.”
The Long Center began accepting applications for Phase 1: Emergency Funding on December 11, 2020. The first funds were distributed on December 24th. Grant recipients must complete a technical assistance assessment and equity strategic plan before they can apply for up to $ 140,000 in extended grant funding in Phase 2. Applications submitted by 5:00 p.m. January 11, 2021 will continue to be processed and Notifications will be sent out this week.
The City of Austin will continue to provide updated metrics for economic impact through the online dashboard for the Austin Live Music Venue Preservation Fund.
“In less than a month, we partnered with the City of Austin to distribute over $ 1 million in emergency funds to venues at a critical time,” said Cory Baker, President and CEO of Long Center. “Our team looks forward to the next phase of the Austin Live Music Venue Preservation Fund, where we can provide additional financial support and initiate a technical support program for venues that need it.”
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The Austin Live Music Venue Preservation Fund will be distributed in two phases:
Phase 1: emergency funding
- Eligible applicants who are at immediate risk of closure will receive a US $ 20,000 grant distributed by the Long Center from December 11, 2020 through January 11, 2021.
- Additional services for venues receiving emergency funding include: legal and accounting services; Real estate advice and guidance in lease negotiations; and other professional services and long-term planning from community experts.
Phase 2: Improved Financing
- Only Phase 1 grant recipients can apply for additional grants in Phase 2.
- Phase 1 grant recipients must complete a technical assistance assessment and equity strategic plan in order to apply for additional funding.
- Eligible Phase 1 applicants may apply for additional grants up to USD 140,000 (this does not include Phase 1 funding). Funding is distributed in monthly payments with a maximum of $ 40,000 per month.
If you have any questions about eligibility and support with your application, please contact the Long Center by email at [email protected] or by phone at 512-457-5181.
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