Plans for the Garden State Film Festival to relocate to Atlantic City are expected to be announced today following a vote by the state Casino Reinvestment Development Authority.
The authority granted preliminary approval for the project in July, but organizers maintained that other cities were still in the running to become the festival’s new home base.
The Garden State Film Festival has been based in Asbury Park, Monmouth County, since its inception in 2003. A disagreement between that city and a developer left organizers on the hunt for a new location, festival Executive Director Diane Raver has said.
CRDA is expected to vote on project approval, including a yet-to-be disclosed fund reservation, according to an agenda for the authority’s monthly board meeting.
Officials have declined to say how much financial assistance the festival might receive and which locations throughout the city might be used for screenings.
The event typically draws about 30,000 people each year to Asbury Park but has failed to turn a profit in recent years. Last year the festival, which is a registered nonprofit organization, lost $5,300, according to tax filings.
The festival has not received financial assistance from the city of Asbury Park.
The CRDA is also expected to approve financing to allow the Atlantic City Ballet to relocate to Boardwalk Hall from studios in Egg Harbor City.
A grant for the DownBeach Film Festival, which will take place from Oct. 11-13, is also slated for a vote today.
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