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AGENCY TESTIMONY
Cultural Development Fund (CDF) grants and changes overview
2:12:55
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Commissioner Cumbo highlights the record investment in the Cultural Development Fund (CDF) for fiscal year 2025, totaling nearly $60 million in grants to 1,078 recipients. The CDF process has undergone significant changes in response to feedback from various stakeholders.
- The changes aim to create a stronger and more equitable CDF process.
- The new process includes several new and restored initiatives.
- The modifications reflect input from the City Council, cultural community, and constituent organizations.
Laurie Cumbo
2:12:55
Now I'd like to provide a few highlights and updates on the programs that these investments allow us to deliver for New Yorkers.
2:13:03
As part of our fiscal year twenty five budget, we recently announced the 1,078 recipients of nearly $60,000,000 in grants through the Cultural Development Fund.
2:13:14
This represents an all time record investment in our amazing cultural sector and includes city council member items that we are proud to partner with you each year to administer.
2:13:24
The fiscal year twenty five CDF awards reflect changes that respond directly to critical feedback from the council last year during hearings and discussions.
2:13:33
These changes are also the results of engagement with the cultural community, including through testimony they have shared at council hearings, Culture at Three, and other sector led forums, and numerous conversations with our constituent organizations.
2:13:48
We are accountable to you, and we have taken all of your feedback into consideration.
2:13:53
All of this input is part of the collaborative process that was instrumental in fostering a stronger, more equitable CDF process, which now includes a number of new and restored initiatives that I'm excited to discuss with you.