Investing

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.

U.S. Rep. Hal Rogers (R-KY), U.S. Rep. John B. Larson (D-CT) Rep. Steve Cohen (D-TN), and Rep. Joe Wilson (R-SC) introduced The Promise Zone Job Creation Act to create new tax credits to incentivize the hiring of residents of federally-designated Promise Zones. It would also encourage new investments to bring property, equipment, or software to these hard-hit communities.

Area seniors are invited to Senior Scam Jam, a free workshop in Prestonsburg to learn how to protect themselves from financial fraud and scams. The event is being held from 9 a.m. – 2 p.m. Thursday, Aug. 20. Registered participants will be provided with lunch, take-home materials and a chance to win door prizes. Topics include cybercrime, mail fraud, reverse mortgages, identity theft, medicare fraud and investment fraud

The Corporation for National and Community Service (CNCS) announced it will invest more than $1.24 million to support the Shaping Our Appalachian Region (SOAR) initiative to improve the economy and quality of life in Eastern Kentucky.

The Corporation for National and Community Service (CNCS) announced it will invest more than $1.24 million to support the Shaping Our Appalachian Region (SOAR) initiative to improve the economy and quality of life in Eastern Kentucky.

LOUISVILLE - August 26, 2013 - (RealEstateRama) -- The owners of a renovated home joined Mayor Greg Fischer, Congressman John Yarmuth, and other community leaders today to mark the progress of a major revitalization effort underway in Portland.

LOUISVILLE, KY - June 19, 2013 - (RealEstateRama) -- Declaring “the road to the region’s future starts here,” Governor Steve Beshear officially signaled the start of construction on the Downtown Crossing of the Ohio River Bridges Project – the first new bridge at the Falls of the Ohio in half a century.

LOUISVILLE - February 11, 2013 - (RealEstateRama) -- A purported Louisville real estate entrepreneur was sentenced in United States District Court today by District Judge Charles R. Simpson, III to 37 months in federal prison and was ordered to pay $2,797,000 in restitution for a single count of mail fraud connected to real estate schemes that resulted in the loss of more than $1 million to investors, announced David J. Hale, United States Attorney for the Western District of Kentucky. There is no parole in the federal system.

CAMPTON, KY - March 15, 2010 - (RealEstateRama) -- Gov. Steve Beshear today presented $641,000 in Transportation Enhancement (TE) funds to the city of Campton and Wolfe County Fiscal Court for construction of a pedway connecting a nursing home and residential housing complexes to the downtown area.

FRANKFORT, KY - April 23, 2009 - (RealEstateRama) — Gov. Steve Beshear announced today a special initiative by Kentucky Housing Corporation (KHC) to offer up to $4,500 for down payment and closing costs for first-time home buyers who obtain a KHC home loan. The program will begin on May 1, 2009 and continue through Nov. 30, 2009.

April 01, 2009 - (RealEstateRama) — Kentucky Housing Corporation has announced the latest round of funding from the Affordable Housing Trust Fund (AHTF) and the HOME Investment Partnerships (HOME) Program. Fifteen recipients around the state will receive a total of over $5.5 million to fund 18 homeownership development projects in their communities and produce or preserve 206 units of affordable housing

KEDFA Board Approves Incentives To Protect More Than 5,000 Jobs LOUISVILLE, KY - November 03, 2008 - (RealEstateRama) — Ford Motor Company plans an additional...

FRANKFORT, Ky. (April 11, 2008) – Kentucky Gov. Steve Beshear today signed House Bill 373, which doubles the debt ceiling of Kentucky Housing Corporation...

Lexington, KY, 01/22/2008 – The recent announcement from the Federal Reserve to slash the federal funds rate by three quarters of a point was an...