Crowdfunding to Promote Revitalization of a Town?

[Lisa Henrich]

I have an idea.  Please give me your thoughts and suggestions.  There is a very cute town near my hometown that is in need of some desperate revitalization.  It has very good bones and could be Any Town, USA.  My idea is to try to crowdfund the purchase and rehab of some of their condemned buildings, sell them, and redirect at least half of the profits to the local economy (small businesses, etc.). Perhaps, investors could get a plaque dedicated to them in a local park, etc.  Donations could be in any size.  Thoughts?