While the average loan is for around $8,800, "artists can borrow anywhere from $500 to $50,000 on a five-year note with interest rates between 8 percent and 14 percent." Read more: Kansas City sculpts new program to fund artists
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- The Management
They aren't using taxpayer money for this I hope.
ReplyDeleteGiven the fact that most of these "artists" are actually unemployed wannabees, the use of the word "loan" may become somewhat problematic.
ReplyDeleteBut in a city where commercial "investments" like the P&L District actually COST the taxpayer $15-20 million/year for as far as the eye can see, the usual language of business and finance is regularly abandoned in favor of hype, hope, and obfuscation, nothing to pay attention to here.
Is ANYBODY actually keeping track of the "Sly making himself popular by giving away money"fund?
Anybody?
Facebook- Tony Botello You are a brilliant artist Toni Bones keep up the EXCELLENT work!!!
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