IHCDA announces new Crowdgranting program called CreatINg Places
INDIANAPOLIS – The Indiana Housing and Community Development Authority (IHCDA) announced today the start of their CreatINg Places initiative. CreatINg Places is a collaborative effort between IHCDA and Patronicity where residents can use “crowdgranting” to be part of the development of strategic projects in their communities and be backed with a matching grant from IHCDA.
“CreatINg Places aims to help generate public involvement in the selection of creative improvements within their own communities, help provide the funding to see the project through completion, and instill community pride when citizens become invested in their surroundings,” said Jacob Sipe, Executive Director of IHCDA.
CreatINg Places employs a donation and reward-based method of crowdfunding called “crowdgranting”. In crowdgranting, citizens actively support projects and activities through web-based donations which, if the fundraising goal is reached within a set time, are matched by a sponsor.
The CreatINg Places program is available to projects located in Indiana communities or neighborhoods which contain a traditional downtown or traditional neighborhood commercial node. Non-profit entities (with 501c3 or 501c4 status) and Local Units of Government are eligible to apply.
Projects may include but are not limited to:
- Streetscape beautification & walkability
- Public plaza development/activation
- Access to public amenities (river walks, pier enhancements, etc.)
- Farmer’s markets, community kitchens, pop-up retail/incubator spaces (community or non-profit)
- Park enhancements
- Bike & pedestrian paths
- Community theater rehabilitation (community or non-profit)
- Public Wi-Fi
- Placebranding (way-finding, place signage, etc.)
- Event implementation
- Other projects that activates public space or a community place (decided on a case by case basis)
Eligible projects must have a minimum total development cost of $10,000, where the recipient will receive $5,000 in IHCDA matching funds should they successfully raise $5,000 through Patronicity. IHCDA will provide matching grant funds up to $50,000 per project.
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