WATERLOO – Residents in the Town of Waterloo may soon have a new space for walking, playing and relaxing if a recently launched crowdfunding campaign is successful. The town is using the CreatINg Places' program offered by the Indiana Housing and Community Development Authority (IHCDA). The money raised will be used to activate a vacant lot by constructing the first phase of Waterloo Veterans Memorial Park.
“We are pleased at the opportunity to support the Town of Waterloo on this new crowdfunding campaign," said Carmen Lethig, Placemaking Manager for IHCDA. “Once completed, Waterloo Veterans Memorial Park will offer a number of amenities that will complement the other parks and gathering spaces in their community. It also provides a new way to pay tribute to the service of our military veterans."
If the campaign reaches its $48,750 goal by May 1st, the “Waterloo Veterans Memorial Park” project will receive a matching grant of $48,750 from IHCDA's CreatINg Places program.
Click here for project details and to donate.
The funding raised during this campaign will provide a stocked fishing pond, trail for bikes and hikes, sledding hill, free fenced dog play area, drinking fountain, benches and a space for the community to gather.
“This will be a really nice park for Waterloo," said Tena Woenker, Town Manager of Waterloo. "We’re hopeful that the community and businesses will support our goals to build it this summer. We are very excited for the matching grant with IHCDA and the partnership with Patronicity, this is a great opportunity.”
Since the CreatINg Places program began in 2016, projects have raised in excess of $1,980,000 in public funds and an additional $1,693,000 in matching IHCDA funds.
The CreatINg Places program is available to projects located in Indiana communities. Non-profit entities (with 501c3 or 501c4 status) and Local Units of Government are eligible to apply.
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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