The Community Forward Fund and Hamilton Community Foundation announced their unique partnership in May 2011, bringing together the CFFAC’s innovative approach to providing loans to nonprofits and charities with HCF’s resources and in-depth knowledge of the Hamilton community.
The first loan was issued to Hamilton Artists Inc., a long-standing artist-run centre that supports and reflects the diverse environment of the community. It means the group can complete a building project that will contribute significantly to downtown revitalization and a burgeoning arts scene.
Nora Sobolov, President and CEO, states, “HAI’s renovated building will provide a significant benefit to artists and the community. We are pleased to be part of this important project.”
Terry Cooke, President and CEO of HCF, continues, “We expect community investment to go beyond traditional granting and fill an important gap and go a long way to strengthening the charitable sector and the city. I’m thrilled that HCF is able to use more of its assets in unique ways to support positive change in the community.”
Hamilton Artists Inc. is an artist run centre committed to the presentation, dissemination and advocacy of Canadian contemporary visual arts practices which speaks to and enhances Hamilton’s regional cultural activity.