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ArtsQuest Board Orientation 2020

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Outreach and Partners

STEELSTACKS PUBLIC PARTNERS

• Pennsylvania Revitalization Assistance

Capital Projects funds: $4.25M

• EPA (through Northampton County):

$250,000

• Bethlehem Redevelopment Authority

(2010-2017):

• Tax Increment Financing (TIF) Funds:

$70 million

- For streets, sewer,

water, power, parking lots, plazas,

sidewalks, public art, Levitt Pavilion,

Visitor Center, Hoover Mason Trestle,

and Foundry Park

- TIF expires in 2020

• New Market Tax Credits (Federal):

Approximately $8 million

• Pennsylvania Neighborhood

Partnership Program: $2.25 million

• ArtsQuest raises and finances:

$26 million

ROLE OF SANDS CASINO RESORT

• Donates 10 acres of land to ArtsQuest,

PBS39, and City of Bethlehem

Redevelopment Authority

• $800 million casino development adds

significant funds to TIF (Tax Increment

Financing), aiding in the development

of SteelStacks

• Wind Creek retains responsibility for

maintaining and illumination the

blast furnaces

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