Yearly Archives: 2016

Awards honoring excellence and innovation in affordable housing were presented at the 2016 Kentucky Affordable Housing Conference in Louisville, which was held October 18-19. Kentucky Housing Corporation (KHC), the conference host and state housing finance agency, sponsored the awards to honor innovative techniques and strategies used by our partners to meet the needs of Kentuckians

he Edgewater Resort, consisting of home sites, rental cottages and land on Taylorsville Lake, is being offered in a lender-directed sealed bid sale of a leasehold interest in property in the Lakeside Development. Tranzon Asset Advisors is marketing the property and conducting the offering

U.S. Senate Majority Leader Mitch McConnell helped secure several priorities benefitting Kentucky in the Water Resources Development Act (WRDA), which passed the Senate today. Senator McConnell talked about the legislation and the Kentucky impact on the Senate floor this morning. The legislation must be passed in the House of Representatives before being sent the President for enactment.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Insurance Auto Auctions, Inc. (IAAI) property located at 891 Ballardsville Road in Eminence, Kentucky for $5,619,000. IAAI is one of the leading North American salvage auto auctions with the largest facility footprint, strong buyer base and high auction returns.

U.S. Rep. Harold "Hal" Rogers (KY-05) applauds a $2.75 million federal grant awarded to the Eastern Kentucky Concentrated Employment Program (EKCEP) in Hazard, Kentucky to create 160 new jobs and train 200 new workers for technology-based careers. The competitive award for EKCEP's new TechHire Eastern Kentucky (TEKY) Initiative: Developing a Technology-Driven Workforce project, was announced today by the Appalachian Regional Commission (ARC) as part of the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative that Rogers helped fund through his role as Chairman of the House Appropriations Committee.

U.S. Rep. Harold "Hal" Rogers (KY-05) applauds a $1.46 million federal grant awarded to the University of Kentucky Research Foundation for a new Downtown Revitalization in the Promise Zone project. The project is expected to create 24 new downtown businesses, 72 new jobs and leverage $800,00 in private investment. The competitive award was announced today by the Appalachian Regional Commission (ARC) as part of the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative that Rogers helped fund through his role as Chairman of the House Appropriations Committee.

Rep. Grace F. Napolitano announced the City of West Covina was found by the U.S. Department of Housing and Urban Development (HUD) to be carrying out the use of its Community Development Block Grant (CDBG) program grants in a timely manner.

U.S. Rep. Hal Rogers (KY-05) announced the Appalachian Regional Commission (ARC) has approved a grant totaling $429,312 for the Southeast Kentucky Industrial Development Authority in Corbin, Kentucky. The funding will be used to construct a new access road, as well as new water and sewer lines to support North America Sticks, a new manufacturing plant that will create 90 new jobs and invest at least $15 million into a new facility on site

Congressman Andy Barr (R-KY) today congratulated the Lexington-Fayette Urban County Government for securing a federal grant worth more than $14 million to support the Town Branch Commons Corridor project in downtown Lexington from the Department of Transportation. Congressman Barr supported the project through letters of support, phone calls to Administration officials, and working with Lexington Mayor Jim Gray’s office

U.S. Rep. Harold "Hal" Rogers (KY-05) celebrated "Homeownership Month" in America alongside Tony Hernandez, Administrator of Rural Housing Service and Community Facilities for the U.S. Department of Agriculture - Rural Development (USDA-RD), as well as state and local officials at the Senior Citizens Center in McCreary County. The event highlighted federal resources that are available to help low-income families purchase or rehabilitate a home

U.S. Senate Majority Leader Mitch McConnell praised Senate passage today of an energy security and water infrastructure bill which is important to Kentucky and to America. The measure provides critical resources that Senator McConnell helped secure for several Kentucky energy, water infrastructure, and economic development programs, including

U.S. Rep. Ed Whitfield (KY-01), Chairman of the House Subcommittee on Energy and Power, held a hearing entitled, “H.R. 4775, Ozone Standards Implementation Act of 2016.” Members examined the EPA’s revisions to the National Ambient Air Quality Standards (NAAQS) for ground-level ozone, the practical challenges states currently face in implementing multiple ozone standards, and other challenges associated with implementing the NAAQS program. The subcommittee reviewed H.R. 4775, the Ozone Standards Implementation Act of 2016, a commonsense bill aimed at providing states the flexibility needed to implement the standards on an efficient and realistic timeline.

The Kentucky Public Service Commission (PSC) has opened an investigation of the operations and management of Martin County Water District. In an order issued today, the PSC cited longstanding concerns about the district which have not been addressed or have resurfaced in recent years

Congress passed the Fair Housing Act in April 1968, immediately following the assassination of Dr. Martin Luther King, Jr. Amended in 1988, the Act guarantees equal housing opportunities for all people and makes it illegal to discriminate based on race, color, national origin, gender, religion, family status or disability

This bipartisan legislation can help promote the growth of our economy, help spur the increase and retention of American jobs, and help protect American innovation in the global economy.’