PRESTONSBURG, Ky. (July 27, 2023) – Today, Gov. Andy Beshear announced $2 million to help Floyd County acquire two vacant lots in Prestonsburg to build 33 new homes and rehabilitate one vacant home. The homes will be for Kentuckians directly affected by the 2021 and 2022 flood events that impacted Floyd County. One site is a 27-acre lot for 20 single-family homes. The other site is a 7-acre lot for 14 single-family homes.
The new homes will be located along Cliff Road and Old Cliff Road in Prestonsburg. They will be out of the flood plain and close to the community services, shopping, education, employment and medical services available in town.
“Housing remains the top priority as we continue rebuilding from the floods,” said Gov. Beshear. “We promised to be with Eastern Kentucky until every structure, home and life is rebuilt. We’re keeping that promise, and we’ll be back here soon with more updates on this project.”
“We knew recovering from the floods would take years,” said Floyd County Judge/Executive Robbie Williams. “As we approach the one-year anniversary of the floods, we’re here announcing a new housing community in Floyd County. We’re still standing, and we’re building a better future for our people. We thank Gov. Beshear and all those who have helped us as we continue to rebuild and recover.”
The funding comes from the Community Development Block Grant (CDBG) program. Once the property is acquired, Gov. Beshear will announce funds to help Floyd County build water, sewer, sidewalk and road infrastructure on the lots. After the infrastructure is installed, the Mountain Housing Corporation will construct 33 new homes and rehabilitate one vacant home.
“We celebrated a lot of good news today in Prestonsburg,” said Prestonsburg Mayor Les Stapleton. “We have more good news coming, and a lot of reasons to hope. We are grateful for these funds and will keep building a better future for our people.”
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