Your guide to NYC's public proceedings.
AGENCY TESTIMONY
Capital Feasibility Planning pilot program for cultural organizations
2:14:25
·
45 sec
Commissioner Cumbo explains the Capital Feasibility Planning (CFP) pilot program for small and mid-sized cultural organizations.
- CFP helps organizations strategize and plan for potential capital projects
- Program assists in aligning capital projects with long-term organizational goals
- Application for the next round of CFP is currently open
- Reminder emails to be sent to eligible groups
Lauri Cumbo
2:14:25
In the two previous cycles of CFP, we've worked closely with organizations to strategize, plan, and think deeply about their needs and how a capital project could fit into their long term goals.
2:14:36
Some groups are able to hit the ground running on their expansion renovation or other big projects after coming out of CFP.
2:14:43
Others decide that such a major undertaking doesn't actually align with their strategic goals or the timing isn't right.
2:14:50
Regardless, CFP can help set up small and mid sized cultural organizations for long term sustainable success.
2:14:56
The application for the next round of CFP is currently open.
2:15:00
All eligible groups should have received an email from our capital unit.
2:15:04
We'll be sending a reminder this week so groups who are interested can keep an eye out for that.