Independence awarded $900K from Community Development Fund

Independence awarded $900K from Community Development Fund

The Kenton County Fiscal Court has tabbed the City of Independence as the first recipient of its newly formed Community Development Fund.The Community Development Fund provides financial support to cities across Kenton County for redevelopment projects that have the potential to impact local businesses and generate job growth. Kenton County guidelines dictate that eligible projects should be focused on property developmentsuch as acquisition, re…

Kenton County Fiscal Court approves Independence as first Community Redevelopment Fund partner - NKyTribune

The Kenton County Fiscal Court approved partnering with the City of Independence earlier this month on the first project funded from its newly established Community Redevelopment Fund. The Community Redevelopment Fund aims to provide Kenton County cities with support for redevelopment projects that will positively impact businesses and/or generate jobs. The program has $5 million, thanks to the Kentucky General Assembly, which funded it as part …