Main Street communities report $47.9 million investment, 130 new businesses in 2022

31 May 2023


News

Gov. Andy Beshear announced that Kentucky Main Street (KYMS) program communities finished 2022 strong with a reported $47.9 million cumulative investment in downtown commercial districts.

This total represents $16.3 million in private investments matched by $31.7 million in public improvements encompassing building rehabilitation, new construction, infrastructure and special projects offset by rehabilitation tax credits, grant funds and local city and county budgets. Additionally, these communities finished the year with a net gain of 587 new jobs, 130 new businesses and 201 rehabilitation projects completed in Main Street districts.

 

Read the complete article here.

 

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