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The music scene in Cambridge, Mass., once known as the "Pit"a place where "skaters, freaks, radicals, lefties, boomboxersabove all, artists" could find a home.
But as the cost of living goes up, the artists who once defined the city can no longer afford to create there, and the once-thriving arts scene is now being threatened by gentrification, the Boston Globe reports.
According to the Atlantic, the median rent in Cambridge is $3,500, $1,500 above the national median.
Since 2011, there have been a number of arts spaces closed or relocated altogether, including the last major music and arts studio space, EMF Studios.
And many of the once-thriving arts spaces are now home to free-agent buskers, Free Little Libraries, and record stores, all of which are struggling to survive thanks in part to the rising cost of rent.
The Cambridge City Council voted last week to try to preserve the city's once-thriving arts scene by offering tax incentives to developers who build affordable housing.
But the effort hasn't been enough to save the once-thriving arts scene, the Globe reports.
According to the Atlantic, the council voted against offering tax incentives to developers who build affordable housing
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Silicon Valley Community Foundation, California Endowment
In 2024, Los Angeles will host the Mission Investors Exchange 2024 National Conference, an annual conference that brings together more than 750 philanthropy and impact investing leaders from across...more
Foundation: California Community Foundation, California Endowment
Ava DuVernay financed her latest film with money from the Giving Pledgean initiative of the California Endowment, the largest US foundation to commit its entire $4 billion portfolio to social and...more
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation
"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food,...more
"These figures underscore the vital role that creativity and culture play not only in enriching community life but also in driving economic development." So says the chair of Pennsylvania's...more
If you're in Nashville and want to help fight climate change, there's a program you can sign up for for free. The Climate Innovation Accelerator is a 10-week program from Vanderbilt University's...more
"Education, a fundamental right, is a powerful catalyst for development worldwide." That's what Kenyan social entrepreneur Mumbe Mwangangi has to say about her new startup, Nyansapo AI, which...more
"The future of our nation hinges upon its young,educated, and socially conscious demographic," State Bank of India CEOjay Prakash says in a press release. Prakash is referring to the roughly 1...more
The director of the Flanders Architecture Institute in Belgium has been named an honorary fellow of the Royal Institute of British Architects, the Guardian reports. Sofie De Caigny, who took over...more
If you're an expert in geographic information system (GIS) technology, you may want to consider attending the annual Esri User Conference in San Diego next month. The event, which runs from July...more
"I was working in corporate America for one of the world's largest retail companies, and it was challenging and wonderful in many ways. But I was finding my truest fulfillment on Saturday...more
Community Building News from...
Wells Fargo Foundation
New Hampshire Charitable Foundation
Community Foundation of Southeast Kansas
Dallas Foundation
Oak Park-River Forest Community Foundation
Greater Washington Community Foundation
Rhode Island Foundation
Community Foundation for Greater Atlanta
California Community Foundation
Arizona Community Foundation
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
