A planned performing arts center at the World Trade Center site will get a $100-million infusion of federal funds, Bloomberg and The Wall Street Journal report.

The Lower Manhattan Development Corporation will vote at its next meeting in November to allocate the money from a federal fund established after the 2001 terrorist attacks to rebuild the damaged neighborhood, under an agreement reached by government officials.

The money “sends a message that the [center] is real, and it’s moving forward,” said state Sen. Daniel Squadron, who worked with city and state officials over the summer to keep the project on track.

In other arts news, a group that promotes cultural giving says British arts organizations cannot make up for government cuts solely through philanthropy, writes the Financial Times.

In its newly released study, Arts & Business says cultural institutions can raise nearly $160-million over the next six years by intensifying appeals to philanthropists. But the report says anticipated cuts of 25 to 30 percent in government arts spending will dwarf those gains and could dampen private giving.

Nicholas Hytner, director of London’s National Theatre, is calling on the British government to offer arts donors more generous tax breaks and promote the tax benefits of cultural giving, the Financial Times also reports.