Southern Indiana Business Report
BEDFORD – Radius Indiana will receive a $25,000 matching grant to restore an original L&N 40 boxcar as part of the Indiana Housing and Community Development Authority’s (IHCDA) CreatINg Places program. More than 90 donors contributed $25,000 for the boxcar through the Patronicity online crowd-funding platform, which enabled the project to receive the grant funds that will be used for the restoration of the new Salem Monon South trailhead landmark.
Radius will repurpose the boxcar for the community’s use at the Salem trailhead on the Monon South Trail and restore it to its original appearance. The downtown Salem trailhead will be located just two blocks from the Salem Courthouse Square and will provide a welcoming location for both local residents and trail visitors to enjoy downtown Salem’s attractions.
“This boxcar will become a local landmark for trail users as they visit Salem in the coming years,” said Jeff Quyle, president and CEO of Radius Indiana. “We look forward to providing this unique, attractive memorial to mark the importance of the railroad in Salem history.”
Renovations are expected to be completed in 2024 and more information about a ribbon-cutting ceremony will be available in the future.
Since the CreatINg Places program began in 2016, projects have raised more than $9.4 million in public funds and an additional $7.7 million in matching IHCDA funds. The 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 it successfully raise $5,000 through Patronicity. IHCDA will provide matching grant funds up to $50,000 per project.
Several communities in the Radius region have used the Patronicity program for crowd-funding to participate in CreatINg place program in recent years, helping to provide invaluable assistance in investing in quality of place for rural communities. The boxcar project is the first time Radius Indiana has participated in the program.
For updates on the boxcar restoration and the Monon South Trail Project, please visit www.mononsouth.com and follow Monon South Trail on Facebook.