Governor's Office for Local Development
City of Greensburg Awarded CEGG Funding
Governor Ernie Fletcher and the Governor’s Office for Local Development (GOLD) today announced that the city of Greensburg will receive $124,275 in funding from the Community Economic Growth Grant program (CEGG).
The fund, which was established during the 2005 General Assembly as HB 267, provides nearly $10 million in grant funds to be allocated during the 2005-2006 biennium.
“The Community Economic Growth Grant exemplifies what is possible when the Executive Branch and the Legislature work in a bi-partisan manner,” said Governor Ernie Fletcher. “The infusion of these funds will result in over $99 million in successful projects across the Commonwealth.
The city of Greensburg will convert a single manufacturing space for use in multiple operations. Office space will also be converted into smaller suites to accommodate service and technology businesses.
Senator Richie Sanders (R-Franklin) said , “The building conversion will encourage the promotion of start-up entrepreneurs and expansion of small emerging businesses through the availability of low-cost space. I am pleased that the administration has funded this project.”
Representative James Comer, Jr. (R-Tompkinsville) said small business development is important to local communities. "Greensburg leaders, along with Judge Executive Mary Ann Baron, are working together and on the right track to make available work space for start up businesses. Small, independent businesses not only provide jobs for citizens, but give entire communities an identity."
CEGG is administered by the Governor’s Office for Local Development through the Kentucky Community Development Office (KCDO). The goal of the program is to provide flexible funding to support and encourage the economic growth and viability of communities within the Commonwealth.
Counties, cities, special districts and school districts were eligible to apply for this year’s funding. Monies can be utilized for construction, acquisition of property, equipment purchase, industrial site development, infrastructure, and capital improvement projects.