This chapter investigates the relationship between Hong Kong’s Urban Renewal Fund (URF) and citizen-driven placemaking (CDP). The URF was launched in 2011, in response to growing public concern about projects undertaken by Hong Kong’s Urban Renewal Authority (URA). After discussing the evolving relationship of civil society to redevelopment and the background of the URF, the chapter presents three funded projects that utilize CDP approaches. The chapter examines the institutional frameworks and actors, and the achievements and limitations of CDP in the context of this state-sponsored programme. It also addresses prevailing contradictions between the small-scale, citizen-driven projects supported by the URF, and the large-scale redevelopment projects undertaken by the URA, as well as their implications for future civic urbanism in Hong Kong.