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Disbursement of ARPA funds for film productions is halfway complete

Of the $70 million earmarked for film production, only $35 million has been disbursed, and all projects are expected to be in theaters by next year

June 27, 2024 - 3:12 PM

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Los talleres abarcarán distintas áreas de producción, actuación y dirección en la industria del cine entre otras.

According to the director of the film program attached to the Department of Economic Development and Commerce (DDEC), José Sánchez Acosta, there are currently two or three other projects in the post-production stage or in advanced stages of post-production.

By Maricarmen Rivera Sánchez

Periodista de Negociosmaricarmen.rivera@gfrmedia.com

A year ago, the Film Industry Development Program announced the disbursement of some $70 million to produce some 28 films and film projects in Puerto Rico. The money came from federal funds under the American Rescue Plan (ARPA).