Hudson Pacific Properties, Inc. (NYSE: HPP) and Macerich (NYSE: MAC) announced they will fast-track more than $650,000 to artists in Los Angeles impacted by COVID-19 through the creation of the Vibrant Cities Arts Grant.
The funds are associated with the One Westside project, a joint venture between Hudson Pacific and Macerich, which is converting the former Westside Pavilion mall into Google’s newest Los Angeles campus.
The City of Los Angeles Department of Cultural Affairs’ (DCA) Private Arts Development Fee Program requires owners to pay an arts fee associated with private development projects. Rather than allocating these funds to commission artwork for the property, Hudson Pacific and Macerich will disperse the funds directly to artists in need.
Special consideration will be given to female and LGBTQ+ artists and artists of color as well those presenting work on social justice, civil rights, the physical environment, and other contemporary social issues.
Applications will be accepted beginning Jan. 4, 2021 until the funds are exhausted.