Press Releases
U.S. Congressman Hal Rogers (KY-05) announced today that the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund has selected London-based Kentucky Highlands Investment Corporation (KHIC) to receive a $750,000 award. Kentucky Highlands will use this award to make financing available to local businesses to continue to create new and exciting job opportunities throughout the region.
“Kentucky Highlands has a history of supporting small businesses who are working hard to expand our local economy and create more jobs for our region,” said Rogers. “This award will provide more opportunities for entrepreneurs throughout Southern and Eastern Kentucky, and, as a result, businesses will continue to bring new innovation and development to our communities. I applaud Kentucky Highlands and the Treasury Department for their ongoing commitment to Appalachia.”
KHIC was formed in 1968 to stimulate growth and create employment opportunities in Southern and Eastern Kentucky. Since 2003, KHIC encompasses twenty two counties, which includes the counties of Bell, Clay, Clinton, Cumberland, Estill, Harlan, Jackson, Knox, Laurel, Lee, Leslie, Letcher, Lincoln Madison, McCreary, Owsley, Perry, Pulaski, Rockcastle, Russell, Wayne and Whitley. Their mission is to provide and retain employment opportunities in southern and eastern Kentucky through sound investments and management assistance.
CDFI was established as a bipartisan initiative through the Riegle Community Development and Regulatory Improvement Act of 1994 to promote economic revitalization and community development through investment and assistance to community development financial institutions, such as Kentucky Highlands. Their mission is to provide credit, capital, and financial services to underserved populations and communities in the United States.
Rogers has served Kentucky’s 5th Congressional District since 1981. With a focus on economic development, job creation, fighting illegal drugs and preserving Appalachia’s natural treasures, he has a reputation for listening to his constituents and fighting for the region he represents. For more information visit www.halrogers.house.gov.
“Kentucky Highlands has a history of supporting small businesses who are working hard to expand our local economy and create more jobs for our region,” said Rogers. “This award will provide more opportunities for entrepreneurs throughout Southern and Eastern Kentucky, and, as a result, businesses will continue to bring new innovation and development to our communities. I applaud Kentucky Highlands and the Treasury Department for their ongoing commitment to Appalachia.”
KHIC was formed in 1968 to stimulate growth and create employment opportunities in Southern and Eastern Kentucky. Since 2003, KHIC encompasses twenty two counties, which includes the counties of Bell, Clay, Clinton, Cumberland, Estill, Harlan, Jackson, Knox, Laurel, Lee, Leslie, Letcher, Lincoln Madison, McCreary, Owsley, Perry, Pulaski, Rockcastle, Russell, Wayne and Whitley. Their mission is to provide and retain employment opportunities in southern and eastern Kentucky through sound investments and management assistance.
CDFI was established as a bipartisan initiative through the Riegle Community Development and Regulatory Improvement Act of 1994 to promote economic revitalization and community development through investment and assistance to community development financial institutions, such as Kentucky Highlands. Their mission is to provide credit, capital, and financial services to underserved populations and communities in the United States.
Rogers has served Kentucky’s 5th Congressional District since 1981. With a focus on economic development, job creation, fighting illegal drugs and preserving Appalachia’s natural treasures, he has a reputation for listening to his constituents and fighting for the region he represents. For more information visit www.halrogers.house.gov.