The Louisville Metropolitan Business Development Corporation (METCO) has awarded small-business loans to four businesses totalling $1.2 million. According to Louisville Business First, the loans will assist the owners as they invest additional capital to cover startup costs and renovations.

Over the next 7 years, more than $200 million will be distributed to an eight-county region in Kentucky. According to WYMT, the funds come from a combination of federal grants, private foundations, federal loans, private investments, and other sources of money from outside the Promise Zone.

Kentucky is financing a statewide high-speed Internet system in a first-of-its kind P3 deal that market participants said should offer higher yield to investors. The Kentucky Economic Development Finance Authority, as conduit issuer, is pricing $230.05 million of 30-year tax exempt bonds.

CDFA is excited to offer the Rural Project Marketplace as an opportunity for rural communities and private sector investors to connect rural projects with financing and funding. Join us November 3-6 in Charleston, SC to consult with financing professionals and project experts who can help identify potential resources for your project.

October 22, 2015 - Lexington, KY
Join the CDFA Kentucky Financing Roundtable, in partnership with the Bluegrass International Fund (BiF), for the first annual conference as we focus on "Advancing Development Finance in the Bluegrass State." This event will feature a number of economic development finance experts from around the commonwealth discussing development finance tools, authorities, resources and approaches, and how these can affect the Kentucky economy going forward.

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