Gov. Bevin, DLG Announce $12.6M Appalachian Regional Commission Investment to Diversify and Strengthen Economy in Kentucky’s Coal-Impacted Communities

Press Release - 02/22/2019

Gov. Bevin, DLG Announce $12.6M Appalachian Regional Commission Investment to Diversify and Strengthen Economy in Kentucky’s Coal-Impacted Communities
 
FRANKFORT, Ky. (Feb. 21, 2019) – Gov. Matt Bevin and the Department for Local Government announced today a $12,646,378 investment from the Appalachian Regional Commission (ARC) to expand and diversify the economy in Kentucky’s coal-impacted communities. These 14 grants will contribute to expanding workforce training and education across Appalachia’s manufacturing, technology and other industry sectors. They also invest in infrastructure enhancements to continue developing the region’s tourism, entrepreneurial, and agriculture sectors, as well as increase access to community-based capital, including impact-investing funds, venture capital and angel investment streams.

“We are grateful for this significant investment in our Eastern Kentucky communities through the Appalachian Regional Commission,” said Gov. Bevin. “These 14 innovative projects will enhance a wide array of opportunities for education, workforce development, and economic growth for citizens of the Commonwealth. We are excited to leverage these federal ARC POWER funds, as we continue building upon our strong forward momentum within the Appalachian region.”

Today’s awards include:

“These significant investments in Kentucky's coal-impacted communities are a testament to the region's resilience, innovation and promise,” DLG Commissioner Sandra K. Dunahoo said. “Though these projects vary in scope and subject matter, all aim to create opportunities for those in Kentucky's ARC service area. I'm thrilled to see these projects move forward, and I'm proud DLG could assist in these efforts."

These awards are part of ARC’s POWER (Partnerships for Opportunity and Workforce and Economic Revitalization), a congressionally funded initiative that targets federal resources to help communities and regions that have been affected by job losses in coal mining, coal power plant operations and coal-related supply chain industries due to the changing economics of America's energy production. With today’s announcement, ARC has invested over $144.8 million in 182 projects touching 312 counties across Appalachia since 2015, including more than 100 investments in Kentucky.

“Today’s announcement continues an ongoing commitment for innovative economic development in Kentucky’s coal-impacted communities,” said ARC Federal Co-Chair Tim Thomas. “Investing in key regional needs now—like comprehensive substance abuse recovery strategies, broadband development, and skilled workforce training—will benefit Appalachia, and the rest of the country, well into the future.”

About the Department for Local Government
Funds are administered by DLG, an arm of the Office of the Governor dedicated to supporting local officials and communities. For more information, visit dlg.ky.gov.

About the Appalachian Regional Commission
The Appalachian Regional Commission is an economic development agency of the federal government and 13 state governments focusing on 420 counties across the Appalachian Region. ARC's mission is to innovate, partner and invest to build community capacity and strengthen economic growth in Appalachia to help the Region achieve socioeconomic parity with the nation.

###

 


Link to Commissioners Office infomation Link to DLG staff member directory Link to Federal Grant Information Link to State Grant Information Link to see county information Link to Cities information/></a>
		
			<a href=Link to training information Link to legal information Link to Special Purpose Government Enties Home information Link to Federal funded project compliance assistance Link to Local Government Debt and Bond information Link to Local Issue information Link to Spirit of Kentucky successful project collaboration awards Link to DLG Employee Resources and information Link to Kentucky Infrastructure - clean water