A new subsidy program to develop affordable studios is being offered beginning June 2. The $30 million financial aid program is for artists and craftspeople.
This program offers financial assistance for artists and craftspeople to develop studios, from the technical study stage to construction, renovation or expansion of the site. Funding is provided by the Ministère de la Culture et des Communications du Québec ($25 million) and the city ($5 million).
A program with three components
The first component offers artists and craftspeople a subsidy for technical, legal and financial expertise to conduct planning studies. This subsidy covers up to 90 per cent of expenses for a maximum of $100,000.
The second component consists of a subsidy for construction, renovation or expansion of buildings that are partially or completely occupied by artists’ studios. Maximum financial assistance is $5,000,000 and can cover up to 90 per cent of eligible expenses.
The second component offers two types of assistance to consolidate the project before and after construction. It includes a subsidy to cover operating fees up to $100,000 and a subsidy that covers property taxes for two years, for a total maximum amount of $260,000.
The three components are complementary and independent of one another. For example, you can apply for a subsidy just to build, renovate or expand a building that houses artists’ studios.
Complete this form (in French) if you would like to be notified when the program is available.
Photo: Hat designer Lucie Grégoire’s ”Comme un chapeau” studio