Fountain Avenue

Paducah Parks Services, via paducahky.gov

The city of Paducah has accepted a $68,095 grant toward building a walking trail at the future Fountain Avenue Health Park.

The city of Paducah received national attention for its artist relocation program that revitalized the downtown neighborhood LowerTown. Now attention has turned to renewing and preserving homes in a nearby neighborhood, Fountain Avenue. On the front lines of this project are the Midtown Alliance of Neighbors, an organization devoted to organizing volunteers, directing projects, and helping find financial assistance for homes and homeowners.

www.fountainave.com

A new incentive package is set to entice businesses to move into Paducah's Fountain Avenue area. City officials have been working to develop the area by giving residents financial incentive packages to build or renovate homes. 

Paducah’s Planning Department is accepting applications for seven, new, subsidized homes to be built in the city’s Fountain Avenue neighborhood. To qualify, yearly household income must not exceed $45,850 for a family of four. A $309,000 grant from the Kentucky Housing Corporation will subsidize construction. Paducah Planning Director Steve Ervin estimates a $120,000 home would end up costing qualified applicants only about $70,000. 

Home Grant Application

Feb 15, 2012

Paducah’s City Commissioners took another step toward revitalizing Fountain Avenue during their meeting Tuesday night. They approved a municipal order to apply for a Kentucky Housing Corporation HOME Grant of $308,000. The money will help fund the construction of seven new homes in the Fountain Avenue neighborhood. Mayor Bill Paxton said the neighborhood developed in the 1950’s and has since deteriorated.