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Thursday, November 8, 2012

The Harlem Arts

The Kalahari Condominium is a residential unit that is LEED-certified and green and that has been on hold since its 2008 completion booking because conventional financing was not available; now the February 2009 American Recovery and Reinvestment Act passed by Congress will go forth the financing, along with 25 new construction jobs ("NYCCRC Approves $2.2 Million for Harlem liberal arts and ethnical Center").

This project will succeed a much-needed boost to the area's employment rate, as it will supply 50 new jobs for the Central Harlem community when completed, as well as creating youth training programs and bringing together the Latino and African cultures resident in Harlem ("NYCCRC Approves $2.2


illion for Harlem arts and Cultural Center"). The project will be funded by $3.9 million in conventional financing, $2.
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9 million in newly Market Tax Credits, and $600,000 in developer equity and is expected to apply more than $2.2 million for the city ("NYCCRC Approves $2.2 Million for Harlem Arts and Cultural Center").

The implications of this project for the Harlem community are larger than just the jobs it will provide. It will unite the Latino and African cultures and provide a central location where youths from both cultures can crack about filmmaking, an endeavor that could earn them a place of protuberance in the arts as well as excite both cultures and giving their youth opportunities that they
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