Commercial Construction Financial Assistance

wikipedia.com

The Paducah City Commission last night introduced an ordinance creating a commercial construction financial assistance program aimed at improving the city’s Fountain Avenue Neighborhood. The program provides incentives to property owners spending a minimum of $100,000 constructing new commercial buildings. Property owners can receive a five-year, forgivable loan for as much as $20,000. However, the commission limits the program’s total budget to only $40,000.