Four River City Projects Awarded Funds from Duke Energy Foundation

Four River City Projects Awarded Funds from Duke Energy Foundation



A rooftop edifice in downtown Covington, an older foodstuff works in Newport’s change to a restaurant, an time metropolis building, and the older St. Elizabeth Hospital improvement are every recipients of present resource from the Duke Energy Foundation.


The regional programme declared the recipients of its 2021 Urban Revitalization grants in river and Kentucky.


$110,000 was awarded to those quaternary Northern Kentucky projects in the ordinal assemblage of the present program.


Since actuation the information in 2011, Duke Energy has awarded more than $2.9 meg to 91 grantees crossways Greater Cincinnati.


“Our cityfied corridors and important streets are grave to the aliveness of our topical communities, but they hit been adversely compact by the pandemic,” said Amy Spiller, president, Duke Energy river and Kentucky. “Through our Urban Revitalization grants, we are healthy to hold be a conception of the long-term solutions our neighborhoods requirement to goad utilization and succeed.”


The grants typically wage notch resource and are catalysts for boost scheme utilization in the cityfied core.


“We are rattling appreciative of our partnership with the Duke Energy Foundation which so strongly supports our investments in Northern Kentucky’s River Cities,” said Jeanne Schroer, president/CEO of the Catalytic Fund in Covington, which assists developers with finance projects. “Duke Energy consistently gives backwards to the communities they support and their hold is grave presented the accumulated requirement over the time 18 months. With Duke’s support, we crapper move to modify vacant and destroyed buildings into arable assets, alter jobs to our region, and move to hold our topical economies recover.”


The Catalytic Fund was a relation in threesome of the Northern Kentucky grants.


The Republic Bank antiquity at 6th Street and President Avenue in downtown Covington is currently existence renovated. A $35,000 present from Duke module hold to create a rooftop edifice to be titled Char.


The Raymee Building at 6th Avenue and Berry Street is ordered to be redeveloped and conventional $40,000 from Duke in the try to attain it a mixed-use property.


In Newport, a sociable edifice titled the Granary conventional $35,000 towards its efforts to organise and organisation a past foodstuff and hardware artefact at 532 West Tenth Street in the edifice and circumstance space.


Additionally, the Center for Great Neighborhoods conventional $10,000 for its St. Elizabeth Studios send at the past infirmary settled at 20th Street and Eastern Avenue in Covington. The assets are to hold organisation the build-out of the older hospital’s ordinal story into creator studios that could also concern fictive businesses.


Read The River City News‘s preceding news of that try here.


-Staff report







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Four River City Projects Awarded Funds from Duke Energy Foundation




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Four River City Projects Awarded Funds from Duke Energy Foundation

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