The Indiana Housing and Community Development Authority (IHCDA) in conjunction with the Steller Communities Designation Program and Patronicity, announces “CreatINg Stellar Places”, a place-based crowdgranting program for Stellar finalists to implement “Lighter, Quicker, Cheaper” (LQC) projects. This new program empowers the public - residents, businesses and community organizations - to play a role in achieving small but impactful community improvements.
How does CreatINg Stellar Places accomplish this? By mobilizing community members, residents and general supporters to make individual contributions for the LQC project they want to see in their community. Projects that meet their crowdfunding goals can receive a matching grant from IHCDA of up to $2,500. Stellar Applicants must provide a description of their LQC idea with their LOI, due on April 28th. After Stellar Finalists are announced on May 24th, they have one week to inform Carmen Lethig if they are participating in the CreatINg Stellar Places program. If they do decide to participate, they have between June 2nd and October 31st to successfully complete a crowdfunding campaign.
Stellar Finalists can submit projects by applying on the Patronicity website. To start an application, simply begin crafting a crowdfunding project page that is directed towards your community and potential donor audience.
Lighter, Quicker, Cheaper (LQC) is a term for community/place-based projects that are simple, often short-term and always low-cost. LQC projects can be implemented to demonstrate the transformative changes of large, costly and time-consuming investments.
LQC funding will be offered to 2017 Stellar Community finalists. The funding will allow for:
CrowdGranting is a broad based, low dollar fundraising effort used to leverage a sponsor's matching grant.
Through the CreatINg Places program created by IHCDA and Patronicity, approved projects in communities throughout the state that crowdfund half of the cost of their project will receive matching funds to help make it happen.
CrowdGranting takes the place of review committees and the traditional grant process by allowing members of the community to vote with their dollars on what kinds of projects they would like to see. CrowdGranting projects activate neighbors and supporters locally, as well as worldwide, to support and bring attention to new community amenities.
Do you have a great project that deserves a boost from CrowdGranting? Click the "LEARN MORE" tab for details.