Office of the Governor “House Bill 321 is bipartisan legislation that aims to foster transformational change in the West End of Louisville,” said Gov. Beshear. “Currently, 80 cents of every dollar of revenue developed in West Louisville ends up leaving the area. This legislation will create a $30 million initial investment in West Louisville, and […]
West End TIF a ‘wonderful tool’ Beshear also signed House Bill 321 into law at the ceremony, legislation which added language on the final day of the session to create a TIF district in West Louisville to spur economic investment. The governor said the new initiative, dubbed the West End Opportunity Partnership, would “draw economic […]
Gov. Andy Beshear signed legislation Friday creating a financing plan to stimulate economic growth in western Louisville, calling it a good start to overcoming “decades of neglect.” Rural and urban lawmakers banded together to pass the measure aimed at rejuvenating economically distressed neighborhoods in Kentucky’s largest city. Beshear’s signature came as he decided the fate […]
Just before the legislature adjourned Tuesday night, there was a remarkable scene on the dais of the Senate: fist bumps and wide smiles among two Republicans and two Democrats. Three of the senators were from Louisville, Kentucky’s Democratic stronghold. The other was a Republican from Manchester, in the most Republican part of the state: Robert […]
Through various funding sources, both public and private, the bill would generate at least $30 million for the area to start out with. “It’s not going to fix everything, but it’s a good start,” Stevenson said. “It will get us what we need. I don’t know where else we can get $30 million worth of […]
84-WHAS host Terry Meiners interviewed State Senate President Robert Stivers and Senator Gerald Neal about the West End Opportunity Partnership which will create a TIF in the West End and funnel at least 80% of the generated revenue back into the area. They also talked about the gentrification protection involved and the money provided from […]
“[We are] starting to walk the walk rather than just talking about economic justice and inclusion,” Smith said. “This is about really putting pen to paper and making some real things happen.” The goal of the legislation is to revitalize the neighborhoods in a way that does not force residents to relocate. (Read more from […]
During a press conference at the Kentucky Center for African American Heritage, Senate President Robert Stivers, R-Manchester, was joined by Louisville Democratic Senators Morgan McGarvey and Gerald Neal, as well as Republican Julie Raque Adams, to announce the bipartisan legislation named the West End Opportunity Partnership. It would offer investment and economic solutions to Louisville’s […]
“I think this would make a tremendous difference, because the key issue is the total maldistribution of wealth and anything that is going to help put wealth and resources into the pockets of people who have historically been excluded is always a good thing,” Cosby said. (Read more from WHAS-11)
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