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: , , , , ,

HEADLINE NEWS

U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...]

FortuneUncensored Social Network Gab Raises $1 Million in Crowdfunding CampaignFortuneA crowdfunding campaign for Gab, a Twitter-like social network that touts its commitment to freedom of speech, surpassed $1 million yesterday. The company claims it is politically neutral and committ [...]

Baltimore SunHarford still opposes crowdfunding sites for school donationsBaltimore SunRaising money through online crowdfunding sites is an ideal way for teachers to find the funds to purchase classroom materials and should be restored, the head of the Harford County teachers' u [...]

League: Warriors legend Monty Betham drops crowdfunding bidNew Zealand HeraldFormer Warriors Monty Betham has pulled the pin on his quest to launch a crowdfunding campaign to buy the Warriors. With Warriors owner Eric Watson locked in negotiations to sell, Betham made a plea to league [...]

Crain's Cleveland Business'Smaller' gifts can go long way for Clinic's crowdfunding platformCrain's Cleveland BusinessFor an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively [...]

GeekZing Smart Light Passes Crowdfunding Goal With Flying Colors ...GeekAt age 31, I still prefer to keep a light on in the hallway, illuminating my way to the bathroom in the middle of the night. (God forbid I step on the creeping cat—or ...and more » [...]

ForbesWhat Works In Equity Crowdfunding -- Insights From ResearchForbesAs we have recently celebrated the fourth anniversary of the signing of the JOBS Act into law, it is a good time to take stock of the effect that the legislature had on equity crowdfunding in the United States. It [...]

Deccan ChronicleHow to make crowdfunding work?Deccan ChronicleVarun, based on his experience, also says, that people new to crowdfunding should not be complacent with their campaigning — “I've seen a lot of people, who just think that crowdfunding is free money. They have a very [...]

FortuneDreamHost Sets Up Crowdfunding Page to Aid Trump Government FightFortuneThe Los Angeles-based web host DreamHost, which is fighting the Department of Justice over its attempt to seize records of visitors to an anti-Donald Trump website, has launched a crowdfunding campaign to a [...]

DualShockersBounty Battle Rolls out the White Carpet with Successful Crowdfunding CampaignDualShockersWhen we last checked in with the indie-obsessed fighting game, Bounty Battle, it was halfway through its $30,000 crowdfunding goal. Now with 3 days left to go, it's surpassed thi [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

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 |