INCENTIVE DESCRIPTION

State: KY
Incentive Type: Cash Grants and Financing Incentives
Incentive Title: Other Tax Incentives
Description: COMMUNITY DEVELOPMENT BLOCK GRANTS(CDBG)LOANS - A federally funded economic tool to help businesses obtain low interest loans from cities and counties, usually for fixed asset financing.
Eligibility Requirements: Federal regulations state that 51% of the employees hired must be from low and moderate incomes. If used for construction, prevailing wages must be paid and the borrowers must follow federal procurement and environmental review requirements.
Geographic Restrictions: Statewide
Granting Authority: Governor's Office for Local Development


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.