London Mayor launches trust to support affordable artist workspaces

London Mayor Sadiq Khan has launched a new independent trust to protect and support affordable artist workspace in the city. The Creative Land Trust is backed by £4m from City Hall and £2m from Arts Council England (ACE), alongside funding from Bloomberg Philanthropies. The Mayor’s office said the trust is “an independent organisation that will provide financing for affordable workspace providers to buy buildings and will purchase its own property to be used as permanent workspaces for artists in London”. It will use the initial funding to attract further investment, with the aim of securing 1,000 affordable workspaces in its first five years.

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