Financial Incentives
The Johnstown Artist Relocation Program is offered to artists and their proposed projects that meet the following
threshold requirements:
- Artist will be owner–occupant of live/work structure.
- Artist will sell and manufacture art from live/work structure.
The Johnstown Artist Relocation Program boasts an impressive incentive package for those artists who
relocate to the designated Kernville Arts District. These incentives include:
- Inexpensive properties and a low cost of living.
- Affordable mortgage from Ameriserv Financial.
- 80% of as–complete property value.
- 1% below current 30–year fixed rate.
- 6–month construction draw period with draw fees waived.
- 30–year loan term.
- $10,000 grant from the City of Johnstown when available for the first four artists who purchase property in each calendar year.
- $2,500 in architectural assistance from The Community Foundation for the Alleghenies.
- Low-interest financing from the City of Johnstown and The Progress Fund for art–related equipment, machinery,
inventory, and working capital.
- Low-cost city owned properties.