THE FINANCING
WORKING WITH OUR PARTNERS
The African American Cultural Center proudly presents a broad spectrum of dynamic programs
and quality education rooted in the African American experience. Most of our performing arts,
exhibitions and educational programming are funded through the generosity of private foundations,
government agencies, businesses and individual contributors.
While providing a variety of programming and learning opportunities in Santa Clara County and
beyond, the AACC remains focused on raising the funds necessary to complete a new state-of-the-art
facility in the City of San Jose.
There will be some level of public funding as long as the project is in an area deemed as a
publicly funded geographical area. The affordable housing will exceed the required inclusionary
units (20% requirement for the entire project in redevelopment project areas).
The affordable housing will look to the City Housing Department and other public funds, tax
credits etc and will be managed by the Antioch Housing and Economic Development Corporation.
Market rate housing will depend on private financing and will be managed by the African-American
Community Services Agency.
The Community Center will be financed by private and public contributions, tax deductible
donations, grants and developer contributions.
Groups and organizations will be able to participate financially by becoming "condo" owners
in the commercial/retail development of the project.
They in essence will "own" the space that their organization purchases. As owners they will
also have a seat on the Board of Directors that over sees the projects management.
The Public will be able to make financial contributions via a purchase campaign through the
presentation of a brick, a stair, a wall, or even a whole wing of the project.
See yourself at the Center of this landmark community effort by contributing to the African
American Cultural Center's Capital Campaign.