Ohio Co. awarded site development funding

HENDERSON, Ky. (WEHT) – Governor Andy Beshear announced further investment in Kentucky’s site and building development efforts as Ohio County was approved for $222,500 in state funding to spur future investment and job creation.

Officials say the funding is through the Kentucky Product Development Initiative (KPDI), which is overseen by the Cabinet for Economic Development. The initiative provides funding for local communities statewide to increase investment in site and building upgrades to attract future job creation and economic growth.

Officials say the Ohio County Fiscal Court, on behalf of the Green River Regional Industrial Development Authority, plans to extend main road access along the Bluegrass Crossings Business Centre in Beaver Dam. The industrial development authority will provide the match funds for the project.

Ohio County Judge/Executive David Johnson praised the program: “We truly appreciate the support of the state to invest in site development in Ohio County. This program is another great opportunity for us to grow.”

Terri Bradshaw, president/CEO of the Kentucky Association for Economic Development (KAED), said the project will positively impact the region: “KAED is proud to be a part of Kentucky’s continued commitment to communities across the commonwealth to deliver the financial resources needed to grow strong, resilient regional economies. I look forward to seeing the positive impact this investment will have in Ohio County.

Officials with Gov. Beshear’s office say Round 1 of the program concluded in December 2023, with 53 projects statewide approved for $31.2 million in funding. Including local contributions, these projects are generating over $123 million in investments in Kentucky’s sites and buildings portfolio. To date, Round 2 of the program has seen $31.4 million in state support approved for 29 additional projects throughout the state.

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