Federal Reserve Bank of San Francisco

03/23/2017 | Press release | Archived content

CultureBank: A New Paradigm for Community Investment

Building on the concept of creative placemaking, this paper presents an idea for a Community Development Financial Institution organized around art: CultureBank. Housed at Yerba Buena Center for the Arts, this nonprofit bank will specialize in unleashing asset value in art collections and focus on artists as borrowers, or Artist-Entrepreneurs.