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KY

Catalytic Fund Development Financing

Gap financing and development services for urban redevelopment projects in Northern Kentucky.

About this program

The Catalytic Fund supports real estate development and redevelopment projects in Northern Kentucky urban communities, including Covington, by providing development expertise and financing tools for projects that revitalize neighborhoods.

Eligibility

Eligible developers, property owners, nonprofits, and public-private projects in Northern Kentucky urban communities.

Requirements

  • Contact the Catalytic Fund with project details
  • Provide site control, development budget, financing gap, market information, and public benefit documentation
  • Meet underwriting, approval, and closing requirements