Funding for Community Driven Placemaking
A collaborative initiative from MassDevelopment and the civic crowdfunding platform Patronicity, Commonwealth Places provides a funding mechanism to advance community-driven placemaking projects in downtowns and neighborhood commercial districts throughout Massachusetts. The program seeks to engage and mobilize community members to make individual contributions through a crowdfunding platform with the incentive of a dollar-for-dollar funding match of up to $50,000 from MassDevelopment if the crowdfunding goal is reached within 60 days.
Proposed projects should seek to enhance the new or underused public spaces at the pedestrian scale and demonstrate the potential to catalyze economic impact. Past projects have included art installations, public space improvements, bike trails, markets, and more. It is important that projects have established public awareness and local momentum.
Any community member can propose a project, but before funds can be awarded, a local public or nonprofit entity must be identified as a sponsor. Once a project has been approved, Patronicity will assist project community teams and sponsors with their fundraising efforts to help ensure successful crowdfunding campaigns.
Commonwealth Places funding of up to $50,000 is available for projects located in Massachusetts communities where the median household income is equal to or less than 100% of the state median household income. Funding of up to $25,000 is available for projects located in Massachusetts communities where the median household income is between 100% and 120% of the state median household income.
For more information about applying to the Commonwealth Places Program, please refer to: www.massdevelopment.com/what-we-offer/real-estate-services/commonwealth-...