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Governor Steve Beshear's Communications Office
Gov. Beshear Announces Creation of 40 New Jobs, Construction of Assisted Living Facility in Maysville
USDA Rural Development Contributes $3 million Loan to Project
MAYSVILLE, Ky.– Gov. Steve Beshear today presented $800,000 in Community Development Block Grant (CDBG) funding to the city of Maysville that will generate 40 new full-time jobs.
The $800,000 CDBG economic development grant will go toward the construction of a 48,230 square-foot assisted living facility and Hospice inpatient facility. In addition to the CDBG funding, the United States Department of Agriculture is making a Rural Development Community Facilities loan in the amount of $3 million to Hospice of Hope. The loan has an interest rate of 3.75 over 40 years.
“My number one priority is creating jobs for Kentuckians, and I am excited to announce these 40 new employment opportunities in Maysville,” said Gov. Beshear. “In addition, as there are currently no assisted living facilities in the Buffalo Trace area, this building will be invaluable to Maysville and the surrounding area.”
Hospice of Hope, a nonprofit in Mason County since 1988, has provided compassionate care and support to thousands of local residents and their families in relation to patients with terminal illness. Hospice of Hope covers more than 3,800 square miles in Bracken, Fleming, Lewis, Mason, Pendleton and Robertson counties in Northern Kentucky. The building will be situated on 25 acres.
Assisted living facilities are designed for an aging population that can no longer stay at home alone, but do not need to move into an extended-care skilled nursing facility. The Hospice inpatient facility portion of this project is designed to care for the patient and their family during the terminal illness stage.
The assisted living facility will include 32 units designed to care for senior citizens in a home-like setting. Patients choosing to reside in the facility will be placed in an apartment unit consisting of a bedroom, kitchen, bathroom, small laundry, etc. The facility will allow senior citizens the freedom to live on their own, while having the options for assistance from facility staff when needed. The inpatient care unit will include eight units to facilitate individuals that can no longer maintain life through assisted living alone, and need more attention with care and services while still offering residents an atmosphere that is comfortable and homelike.
“A community’s overall quality of life is directly linked to the degree to which services are provided for its seniors, particularly those who may be ill or infirmed,” said Department for Local Government (DLG) Commissioner Tony Wilder. “This facility represents a wonderful opportunity to deliver this much-needed care while also enhancing the local economy with the new jobs this facility creates.”
“By providing inpatient care for our terminally ill residents and assisted living homes for our senior citizens, this facility will fulfill a great need for our region and assistance to some of our most vulnerable citizens,” said Sen. Robin Webb, of Grayson. “This facility also will provide much-needed jobs for our area. This funding is an investment in our community. I am thankful to be in a position to help my district and our region to get funding for such worthy projects that will benefit so many.”
“This is a great project and important to senior citizens in this community,” said Rep. Mike Denham, of Maysville. “I appreciate Governor Beshear and the Department for Local Government for assisting us in funding this project.”
The state’s CDBG program is administered by DLG and funded through the U.S. Department of Housing and Urban Development (HUD). Kentucky’s Congressional leaders’ continued support of the CDBG program ensures the availability of continued funding in Kentucky and nationally.
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