Central Falls looks to crowdfunding platform Citizinvestor to help spruce up Jenks Park

Picture Courtesy of The Providence Journal

Picture Courtesy of The Providence Journal

Less than a year after emerging from federal bankruptcy, city officials continue to find new ways to spruce up the state’s poorest and smallest municipality.

Now, Central Falls is teaming with Citizinvestor, a crowdfunding platform for community projects, to help guide the city’s 19,400 residents to invest in their community. The partnership hopes to raise money to install “one-of-a-kind,” steel trash cans and recycling bins in Jenks Park.

The park is on Broad Street right next to Central Falls City Hall.

“The future is bright for the City of Central Falls,” said Mayor James A. Diossa, who is running unopposed for a new three-year term in November. “Our citizens are eager to rebuild this great community. We are excited to partner with an innovative company like Citizinvestor to help empower residents, Rhode Islanders and even those across the nation to invest in Central Falls.”

The project is a first for Citizinvestor in Rhode Island. The organization was launched in September 2012 and it has been involved in public projects in Philadelphia, Boston, California and Oregon. It currently is working with 65 cities across the country.

In Central Falls, the trash cans and bins will be designed and made by a network of local artists at The Steel Yard in Providence, meaning that the trash receptacles will be useful and a form of public art.

“The low-quality donated trash bins we currently have in Jenks Park, our most cherished and historic public space, don’t stay upright,” said Diossa in a news release. “They fall over all the time spilling debris, they do not allow us to recycle, and they do not reflect the pride and care we have for our city. The children and families of Central Falls deserve better.”

Lawyer Tony DeSisto, of Barrington, a co-founder of Citizinvestor, said he was honored to launch the group’s first Rhode Island citizens’ platform in Central Falls.

“I, like many Rhode Islanders, take great pride in my home state and the communities like Central Falls that make it so special,” he said.

Anyone interested in making a tax-deductible donation can turn to citizinvestor.com, but their credit cards will not be charged until the project reaches 100 percent of its $10,044 funding goal. For more information about the Central Falls project, go to http://tinyurl.com/citizinvestorjenks.

Diossa, at 28, the youngest mayor in the state, was elected last December in a special election to replace Mayor Charles D. Moreau, who resigned and pleaded guilty to a federal corruption charge.

Diossa, who is of Colombian ancestry, is the first Latino mayor in the city’s history. More than 60 percent of the population of the 1.3-square-mile city is Hispanic.

Source: Bob Thayer – The Providence Journal

Link: http://www.providencejournal.com/breaking-news/content/20130922-central-falls-looks-to-crowdfunding-platform-citizinvestor-to-help-spruce-up-jenks-park.ece

Tags: , , , , ,


AZCentral.comTiny companies lure investors under Arizona crowdfunding lawAZCentral.comInvestors who make bets under the state's one-year-old crowdfunding law certainly have the potential to get in on the ground floor, but they must be patient and might not receive any returns. Th [...]

BloombergCouples Desperate For Children Turn to Crowdfunding FertilityBloombergCrowdfunding has become a popular mechanism for many couples who can't afford the high costs of IVF, or adoption and surrogacy. “It's not an easy thing to share publicly,” says Crystal Barrett, 33 [...]

BBC NewsNHS trust 'relies' on crowdfunding to equip wardBBC NewsAn NHS trust has launched a crowdfunding appeal to buy equipment for a new hospital unit because "it cannot get started without donations". The Royal National Orthopaedic Hospital (RNOH) in Stanmore, n [...]

MarketWatchWhy a crowdfunding site is giving out $10,000 scholarships ...MarketWatchIt's another indication that families are struggling with college costs.and more » [...]

Huffington PostReal Estate Crowdfunding's Pathway of ChangeHuffington Post“Crowdfunding is just the Internet,” stated Attorney Mark Roderick as he opened last month's RealCap Chicago. RealCap is an annual conference that joins crowdfunding leaders and innovators to propel th [...]

MottoIVF: More Couples Crowdfunding to Pay for Procedure - MottoMottoMore and more couples are turning to crowdfunding to fund costly in vitro fertilization (IVF) treatments, Bloomberg reports.More Couples Who Can't Afford IVF Are Turning To Crowdfunding ...RomperCouples desperat [...]

WestwordProgressive-Rock Band Marillion Pioneered CrowdfundingWestwordThat was the beginning of crowdfunding for us — and for every band, really.” When it came time for the recording and release of the followup to the 1999 marillion.com record, Kelly and the band realized that one of [...]

Boing BoingCrowdfunding a bike-lock that squirts vomit-inducing antipersonnel gas when cutBoing BoingThe Skunklock is a $109 crowdfunded gadget that contains pressurized vomit-inducing gas the creators call "Formula D_1," and which is intended to induce immediate vomiting wh [...]

EntrepreneurIs Crowdfunding Right for You? Answer These 7 Questions to Find ...EntrepreneurLess than a third of crowdfunding campaigns reach their financial goals. Will yours be one of them?and more » [...]

CoinTelegraphCrowdfunding vs. ICO: Experts Question Legitimacy and Guarantees ...CoinTelegraphThe simplistic idea behind crowdfunding a non-existent software or system has become a trend in the cryptocurrency industry, but most Bitcoin experts are highly ...and more » [...]

CFB Finance

Press Release

CrowdFund Beat News

Thanks @inmocrowd @crowdfundingusa @DuaneDDrew for being top engaged community members this week :) >> Want this 🆓? commun.it/get-more-follo…

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |