Place Based Investment Fund (PBIF)
The PBIF program is a competitive matching grant program administered as a partnership between OCRA and the Indiana Office of Tourism Development that supports community and economic development projects across the state. Initiatives that promote quality of life, improve tourism experiences and develop multi-purpose gathering places are specifically targeted for this grant program.
Performance-based quality of place initiatives that maximize investment and collaboration by local governments, economic development organizations, convention and visitor bureaus, Indiana Main Street organizations, public or private schools and community foundations are the intended recipients of these grants. The aim of the program is to provide funding opportunities for unique projects and programs that seek to create jobs and further establish a diverse local, regional and state economy.
If interested in PBIF, we strongly encourage you to contact your Community Liaison, as they can be great resources in helping you to achieve your goals for community and economic development.
2017 PBIF Award Grantees
City of Greencastle: Robe-Ann Park Bandshell for $50,000
When the frequently used previous bandshell was no longer viable and was demolished, the community came together and formed a grass roots committee, bringing together the City and local charitable organizations. This new amphitheater will be constructed of timber and limestone with an elevated concrete stage. The structure draws inspiration from the architectural elements and history of Robe-Ann Park, as well as the surrounding Putnam County. The goal is to serve the community while creating a unique attraction that will invite visitors from west central Indiana to the Greencastle area. This project is a partnership between the Friends of the Park Association of Putnam County, Inc. (FOTP), City of Greencastle, Putnam County Convention and Visitors Bureau, Greencastle Civic League, Civil Engineering Consultants, and Scoggins Design, Inc.
City of Jeffersonville: Triangle Play Lot for $50,000
The Triangle Play Lot will enhance a blighted area, transforming it as part of an Arts and Cultural District. The project encompasses a 60,000 square feet former used car dealership building. They intend to activate the space, which can provide a multitude of amenities for visitors as well as become a quirky destination in its own right. They will be painting numerous giant sized games such as twister, checkers, tic tac toe, and a labyrinth. There will also be a large snake painted with ABC’s and 123’s for learning activities. There will be a wide variety of activities to partake in. The lot will also include double swinging benches, numerous umbrellas and shade sails for shade, and an extra-long community table for multiple visitors to sit at and play games, have lunch and many other activities in which to engage. There will also be other amenities such as trash receptacles, electrical outlets and greenspace that will be created in the south east corner of the lot. The bright, colorful, and funky lot design will be a huge attraction. It will be served by a connector path that links the entire district to the Big Four Pedestrian Bridge, and the Ohio River Greenway. This project is a partnership between the City of Jeffersonville and Clark –Floyd Tourism Bureau.
City of Rockport: Art Park for $50,000
This project will create an art park in downtown Rockport to serve as an inviting gathering space to meet, listen to music, host festivals and farmers markets and to be an additional quality of place feature for a blossoming downtown Rockport. The park will include green space, sidewalks, a gazebo, a water feature, lighting and art installations. The Art Park will help create stronger social connection by enhancing the historic area where Rockport began. This project is a partnership between the City of Rockport and the Association for a Better Rockport, an Indiana Main Street organization.
City of Shelbyville – Japanese Cultural Garden for $21,200
The Japanese Cultural Garden is a 2,500 square feet gathering space located on the former site of the Major Hospital adjacent to downtown Shelbyville. The project will create a traditional Japanese Garden with pastoral stepping stone walkways, a rock garden, a bridge, a landscaped area with traditional Japanese plantings, a water feature along with 10 informational plaques identifying the different features of the garden and the significance of Japanese culture in the community. This project is a partnership between the City of Shelbyville, the Blue River Community Foundation and the Shelby County Development Corporation.
City of Tell City: Tell City Train Depot for $50,000
This project will improve and expand the current footprint of the farmers market area by paving a grass area in order to hold events such as concerts and festivals, add benches and decorative cans throughout, constructing a train spur and addition of a caboose and passenger cars behind the Depot to use for event rental space, and the construction of a deck, ramp and stairs to expand train ride access. This project is a partnership between the Perry County Convention and Visitor’s Bureau, City of Tell City, Perry County Port Authority, Scenic Lincoln Way, Inc., Insight 2000, Inc., Tell City-Troy Township School Corporation, and Waupaca Foundry.
Town of Warren – Downtown Park for $28,800
This project is implementing a new park space into Warren’s downtown where two abandoned houses once stood. The project consists of creating a gathering space and a location to hold a variety of events (such as concerts, farmer’s markets, and youth group meetings). This phase includes constructing a stage to host concerts and other events at the park. The park will also allow the town of Warren to host additional events that were previously unavailable, to draw in additional tourism. This project is a partnership between Historic Warren, Inc., the Warren Chamber of Commerce, and the Town of Warren.
Important 2017 Dates
- May 30: Application opens
- July 14: PBIF applications due in office by 4 p.m. EDT
- August 3: PBIF funded projects announced
How to Apply
- Application: Applications must be received in the office no later than 4 p.m. Indianapolis time, on Friday, July 14, 2017. Applications can be delivered in person or mailed to:
1 North Capitol, Suite 600, Indianapolis, IN 46204
All applications are submitted to OCRA via four (4) hard copies and one digital file.
Application to be received by the office will consist of:
4 Hard Copies
1 with original signatures
3 copies-clearly legible
1 Digital File (jump drive or disc) complete with full application
Applications MUST be received, in office, by 4:00 p.m. EDT on Friday, July 14, 2017.
Pre-application and LOI questions should be directed to your OCRA Community Liaison or reference the PBIF FAQ in the Resources section.
- A partnership of at least two of the following: local units of government, economic development organizations, convention and visitor bureaus, Indiana Main Street organizations, public or private schools, and community foundations
- Bonus points awarded for engaging youth in the design and implementation of the project
- Cannot have received a PBIF in their community since January 1, 2014
For a list of previously funded, ineligible communities, click here or see the resources tab.
- Unique projects must add to qualities of place that are attractive to residents and visitors alike
- Must add to qualities of place that are attractive to residents and visitors alike
- Should be multi-purpose, non-traditional, crowd-building venue, or unique gathering places that significantly enhance existing assets into distinctive and special places for a community
- Must have a 1 : 1.5 match with a minimum of 1:1 being cash match and the other 0.5 comprised of eligible in-kind and cash
Funding and Distribution
- Grant requests must be between $20,000 and $50,000
- Federal and other state funds may not be used as local matches
- Each partner must contribute either financially or in-kind and provide required documentation in the application
- FAQ (Updated 6/6/2017)
- Place Based Investment Fund Application (Updated 6/6/2017)
- Place Based Investment Fund Ineligible Communities List (Updated 6/6/2017)
- Direct Deposit Authorization Form
- IRS W9 Form