Eligibility

To apply for an ALF loan, organizations must meet the following below.

Applicant Type

Must be a 501(c) 3 nonprofit organization or be fiscally sponsored by one.

Art Disciplines

Arts education, dance, folk and traditional arts, cultural arts, literary arts, media arts, multidisciplinary arts, museums, music, musical theater, opera, presenting arts, theater and visual arts. Loan funds can also be used to support a variety of projects, such as festivals, parades, and film or video projects.

Budget Size

Organizations of any budget size can apply for Arts Loan Fund loans.

Eligible Counties

Alameda, Contra Costa, Marin, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano and Sonoma Counties.

Frequency

Existing borrowers in good standing may apply for a loan after a one month rest period after the full repayment of their existing loan. Borrowers may hold only one ALF loan at a time, with the exception of a Debt Swap loan. A borrower can hold an existing secured loan and a Debt Swap Loan simultaneously.

Defaults

If an organization is late in making a payment and received a Class I extension, applicant must wait two months after the outstanding loan balance has been repaid, before submitting another loan request.

If the organization received a Class II extension, in which a 2% penalty fee was assessed, applicant must wait 12 months after the outstanding loan balance has been repaid, before submitting a new loan request.