Kentucky Main Street Program contributed $76M to state’s economy in 2015

FRANKFORT, Ky. (April 5, 2016) — The 44 communities in the Kentucky Main Street Program (KYMS) reported $76,126,662 of cumulative investment in their commercial downtown districts in 2015, representing $42,718,614 of private investment matched by $33,408,048 in public improvements. Since the program’s inception in 1979, $3.9 billion of public-private investment has been documented in communities throughout the Commonwealth.

Also, 29 communities have achieved accreditation for 2016 as certified by both KYMS and the National Main Street Center (NMSC). KYMS is administered by the Kentucky Heritage Council/State Historic Preservation Office (KHC).

Accredited communities are: Bardstown, Bellevue, Cadiz, Campbellsville, Carrollton, Covington, Danville, Dawson Springs, Guthrie, Harrodsburg, Henderson, LaGrange, London, Maysville, Morehead, Murray, New Castle, Paducah, Paris, Perryville, Pikeville, Pineville, Princeton, Russellville, Shelbyville, Springfield, Taylorsville, Williamsburg and Winchester.

Accredited communities have met all of the 10 performance standards set forth by NMSC. Danville and Shelbyville met all 10 standards at a level 10 to achieve a perfect score

“Kentucky Main Street is a flagship program of this agency, and the economic benefits that it has generated throughout Kentucky in nearly four decades are enormous,” said Craig Potts, KHC executive director and state historic preservation officer. “Without this program, many Kentucky communities would look very different today.”

Read the full article at lanereport.com

Kyndle would like to thank The Gleaner and Union County First for the use of images throughout this site.