Governor's Office for Local Development
Governor Ernie Fletcher Awards Funding For the City of Georgetown
Governor Ernie Fletcher and the Governor’s Office for Local Development (GOLD) today announced a $113,651 Renaissance on Main grant for the city of Georgetown. Funding will be used for a façade project.
“The Renaissance on Main program encourages practical downtown expansion while maintaining a vibrant atmosphere,” said Governor Fletcher. “The city of Georgetown’s downtown businesses will financially benefit with facade improvements.”
Renaissance on Main funds will be used for the Georgetown façade program. Eight properties will be affected. Officials expect the creation of 30 jobs and the retention of another 100. This project is estimated to increase the value of the downtown properties by $250,000.
“As a resident of Georgetown, I know the appeal of the downtown area,” said Senator Damon Thayer (R-Georgetown). “The funding for this project will make downtown Georgetown a beautiful place for our tourists to visit.”
Representative Charlie Hoffman (D-Georgetown) said, “The job creation that this project will offer to the community will have a terrific economic effect. Projects like these make Georgetown a great place to live.”
Renaissance on Main, formerly Renaissance Kentucky, is a downtown revitalization effort that provides communities funding in order to restore and maintain their downtown areas. The program is focused on economic development and job creation. There are two classifications of cities: Certified and Candidate. Georgetown is a Certified Renaissance on Main city.
The Renaissance on Main program partners with the Kentucky Heritage Council/Main Street Program, the Kentucky Department of Tourism, the Kentucky Transportation Cabinet, the Kentucky League of Cities, the Kentucky Housing Corporation, the Federal Home Loan Bank of Cincinnati and the Governor’s Office for Local Development, the agency responsible for administering the program.