New York City's DCTV has locked up $2.375 million for its independent film cinema and cultural center. The organization, founded in 1972, is creating a public cinema and media community site at its 110-year old firehouse facility in Lower Manhattan. The organization indicated that it will create for residents from the local areas including Chinatown, Tribeca, the Lower East Side and the Financial District, as well as for New Yorkers at-large. The Lower Manhattan Development Corporation initially committed $800,000 to the project, and $1.4 million is coming from the City of New York, with more money from the Lower Manhattan Cultural Council and the office of the Manhattan Borough President. In a statement today, DCTV said, "These developments will set in motion the creation of New York’s only full-service Independent Media Center. The goal is to support the growing needs of the independent film community and bring thousands of individuals Downtown for exciting new cultural events, screenings, community forums and workshops..." [Eugene Hernandez]