Lieutenant Governor Suzanne Crouch and the Indiana Housing and Community Development Authority have approved a $1 million investment in the CreatINg Places program for 2022. The agency says it will use the funding to provide matching grants for communities raising money through crowdfunding to support placemaking projects.
The agency says CreatINg Places campaigns have raised more than $5.7 million in public funds and an additional $4.7 million in matching IHCDA funds for projects around the state since 2016.
According to the IHCDA, projects need a minimum development cost of $10,000. The recipient will receive $5,000 in IHCDA matching funds if it raises $5,000 through Patronicity.
Crouch says nearly 60 counties have received funding for at least one project. The IHCDA says some of the past projects to receive funding include community gardens, parks and alley activations.
“It’s difficult to state just how impactful this program has been in its first five years,” said IHCDA Placemaking Manager Ryan Hamlett. “Each project has turned an underutilized space into a vibrant community asset. CreatINg Places is a testament to what can be accomplished when Hoosiers work together to make incremental improvements to their communities and I can’t wait to see what we help bring to life in 2022.”
The IHCDA says it will provide matching grant funds up to $50,000 per project. Projects must be completed in one year after funding is allocated.