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Relocation Incentives
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arts incubator
with teaching, exhibition/retail and studio space. We currently host
more than 20 artists in the National Transit Studios.
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zoning laws to
accommodate live-work-gallery space in our gracious Victorian homes.
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100% financing package to help working artists and arts-related
businesses who relocate here to homes in the arts district get off to a good start.
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business support
in the marketing of art, small business principles, and e-marketing.
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established
local
festivals and new arts-centered
events
Transit Fine Art Gallery
National Transit Express (photo H. Berlin) Oil City Victorian home
Financing
ARTS Oil City's Artist Relocation program is a home-ownership model.
All Residential-2 Zone properties in Oil City are now zoned for
live-work-gallery space, as long as 50% of items sold are created by the artist
on the premises.
The following incentives apply to purchases of residential or commercial
property in Oil City.
1.
100% fixed-rate financing up to $150K on the purchase of residential live-work
space is available through First National Bank for working artists relocating
into the Oil City Arts District (map).
Work samples and a brief but specific
business plan are requested for review prior to application.
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includes costs of rehab by third-party contractors
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includes adjacent lot purchase and demolition where appropriate
- waives mortgage insurance
2. $5,000 toward down payment/closing costs on a
residential property is available through
Venango County
Affordable Housing.
If you find a property outside the Arts District, this may be useful.
First-time homebuyer and moderate income guidelines apply. Program
available for as long as funds last.
3. $500 grant and $5,000 loan @ 1% for façade
improvements are available for commercial properties.
4. Commercial properties along the Route 8 and 62
corridors are eligible for state-funded rehab loans.
Rehab loans are through a revolving loan fund. Funding level contingent on
availability of funds
5.
LERTA tax abatement
is available for rehab of commercial properties.
6. Downtown studio workspace is available at
$0.49/square foot/month.
7. Non-profit downtown art gallery offers a
65/35
consignment agreement.
8. Shared gallery/retail space is currently under
development.
Email
Joann Wheeler
for more information, and put the words "artist relocation" in your subject
line.
Include your mailing address if you would like an information packet.
Or leave a message at 814-676-5303. Or come
visit *and let us show you
around!
*Joann says, "A lot of my work takes me out
and about,
showing visitors around and meeting with people.
Email will get a response within hours, a phone call within a working day,
but if you just drop in at the office, chances are good you will not find me!
I hate to miss your visit, and
if I know you are coming, I'll make a point of being there for you."
So give us
a few business days' notice and some idea of what you are looking for,
and we will do our best to help make your visit a productive one.
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