On August 9, 2021, Governor Pedro Pierluisi announced Cultural Rescue program which makes up to $50 million in CSFRF funds available to support the financial liquidity of cultural institutions, repair historically significant buildings, and conservation and digitalization of historic documents. This program will be divided into two (2) phases:
Phase 1 – Phase 1 makes $10 million in immediately available funds as described below in the “Eligibility Criteria” section to Instituto de la Cultura Puertorriqueña (ICP), Corporación del Conservatorio de Música, Corporación de las Artes Musicales, Corporación del Centro de Bellas Artes and Escuela de Artes Plásticas.
Phase 2 – 4 Phase 2 makes $30 million available to restore and preserve historically significant buildings and $10 million for the conservation and digitalization of historic documents.
Restrictions: These funds will only be available to cover necessary expenditures related to the COVID-19 emergency that have not been covered or reimbursed, or that will not be covered in the future, by other state, federal or private programs that the entities may have. Likewise, the beneficiary entities must sign an agreement as part of the program in which they agree to return the money if it is determined in the future that they did not comply with any of the eligibility requirements. Beneficiaries must spend the money on or before December 31, 2024.
- Click HERE to download the Program Guidelines