CultureBank: A New Paradigm for Community Investment

Author

Penelope Douglas and David Erickson

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March 23, 2017

Building on the concept of creative placemaking, this paper presents an idea for a Community Development Financial Institution organized around art: CultureBank. Housed at Yerba Buena Center for the Arts, this nonprofit bank will specialize in unleashing asset value in art collections and focus on artists as borrowers, or Artist-Entrepreneurs.