Community investment and crowdfunding as partnership strategies for local infrastructure delivery

Kate E. Gasparro

Chapter 13 in Public–Private Partnerships for Infrastructure Development, 2019, pp 265-281 from Edward Elgar Publishing

Abstract: A trend toward the use of private sector partners and toward decentralization of participation in funding mechanisms has witnessed the rise of community investment in the form of crowdfunding of public infrastructure projects. While community funding _ for example, municipal bonds or other forms of capital cost sharing _ has long been utilized, civic crowdfunding has arisen with the advent of online platforms. This new mode has been employed at state, regional and community levels in the United States. The chapter explores the advantages and challenges associated with the use of crowdfunding by conducting two case studies involving the construction of two protected bicycle lanes in two different cities. Results suggest that crowdfunding can result in increased engagement of community members in project shaping and increased accountability for project owners and sponsors to the affected community.

Keywords: Economics and Finance; Politics and Public Policy Urban and Regional Studies (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781788973175/9781788973175.00024.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:18544_13

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().