LMDC’s Julie Menin
Just one day after the Lower Manhattan Development Corp. released a request for proposals for its new $17 million cultural and community enhancement fund, organizations are already submitting bids, Crain’s reported. The LMDC’s new fund is for projects that benefit the residents, workers and communities of Lower Manhattan. Money will be allocated in amounts ranging from $100,000 to $1 million, although “if there are meritorious proposals beyond $1 million, we will absolutely consider them,” said Julie Menin, director of LMDC. The $17 million is separate from the $200 million remaining from funding earmarked to revitalize Lower Manhattan after Sept. 11, 2001. Since it’s a separate pool of funds, organizations that don’t receive money from the larger fund can apply for the other. Applications are due Nov. 4 and will be evaluated by a committee, who Menin said will be looking for redevelopment projects and other proposals that will those are unemployed. [Crain’s]