New Infrastructure Fund encourages infill development

Mayor Linda Gorton today officially invited developers planning infill or redevelopment privately funded projects to apply for the city’s new Infrastructure Fund.

“The fund will provide a 0 percent interest loan of up to $500,000 for public infrastructure for projects that aid in long-term job creation,” Gorton said. “The goal is to enable us to both grow jobs and protect green space. We are trying to promote infill development by leveling the playing field - providing developers with an incentive to do infill projects, rather than developing green fields.”

Gorton established the $3 million Infrastructure Fund in the current budget. The Economic Development Investment Board will oversee the project. Program managers are Chief Development Officer Kevin Atkins and Commissioner of Environmental Quality and Public Works Nancy Albright.

More information is available on the economic development website. The application is available online.


You may also like...

Link to 2023 General Election information
Sep. 22, 2023 10:53 am

2023 General Election information

The 2023 General Election process has already begun. The Fayette County Clerk’s Office starts training over 1,100 Election Officers from Saturday, Sept. 30, through Monday, Oct. 30
Link to Town Branch Commons Trail wins second national award
Sep. 21, 2023 11:13 am

Town Branch Commons Trail wins second national award

Town Branch Commons Trail has won a national 2023 Honor Award from the American Society of Landscape Architects. The award recognizes SCAPE, a landscape architecture firm based
Link to Free paper shred event – Saturday, Sept. 23
Sep. 20, 2023 2:30 pm

Free paper shred event – Saturday, Sept. 23

Lexington will host a free paper shred event on Saturday, Sept. 23, from 9 a.m. to 2 p.m. at 1631 Old Frankfort Pike. Fayette County residents may bring up to five boxes or bags of