More recently, she had a big hand in promoting and helping secure the site for the foundation-backed Artspace El Paso Lofts, a $13-million project to provide living and studio space to artists Downtown.
Time and again, Artspace president Kelley Lindquist and his team have witnessed the transformative power of the arts in a community, and he only sees the trend continuing. "We’re showing communities that supporting creativity offers a solid return on investment. Artists can play a valuable role in helping to solve a community’s problems."
El Paso's art scene gained ground yesterday with a ceremonial groundbreaking of Artspace El Paso Lofts, a 51-unit building of affordable live/work housing for artists and their families with multipurpose, nonprofit commercial space.
The groundbreaking for the fourstory Artspace El Paso Lofts housing complex was Wednesday. The $12.6 million project will include 51 units ranging from one- to threebedroom apartments and is expected to be completed by fall 2016.
Music festivals, art, and theater performances are only some of the great treasures that make up El Paso’s creative economy.“Another new development that’s coming along after years and years of planning is Artspace El Paso. Which will provide affordable live workspace for artists here in the Downtown arts district,” Fyffe said.
“Artists very often bring the economic drive to an area,” continues Hultin. “But they are also the first ones who have to move once the area takes off, because they can’t afford it when the rents go up.”
The El Paso Community Foundation also worked with the non-profit Artspace Projects Inc. to develop Artspace El Paso Lofts in partnership with the city, using federal tax credits to build affordable apartments and workspaces for artists at 601 Oregon in Downtown.
Creating affordable housing is a collaborative art, involving nonprofit organizations, city planners, bankers, architects, and engineers, to name just a few. The mixed-use rental project recently received a $500,000 Affordable Housing Program (AHP) grant from Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas).