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Kentucky Stories
232 Elm Street
- Ludlow,
- Kentucky
- Catalytic Development Funding Corp. of Northern Kentucky
The Ludlow Historic Society completed this project to demonstrate the feasibility and marketability of restoring altered historic homes back to a high quality and historically appropriate condition. The Catalytic Fund provided this non-profit organization with a revolving line of credit to complete multiple house renovations over time.
American Health Management in Kentucky
- Richmond,
- Kentucky
- Opportunity Finance Network
Opportunity Finance Network borrower success story
Bear Diversified, Inc. Expands Its Capacity with SKED Loan
- London,
- Kentucky
- Southeast Kentucky Economic Development Corporation (SKED)
When Bear Diversified, Inc. needed to make building improvements and upgrade equipment at its London, Ky. subsidiary, its leadership called on longtime lending partner SKED to get the job done.
Berea College is the first college in the country to construct a hydroelectric station
- Berea,
- Kentucky
- Community Ventures Corporation
Berea College arranged funding for the project, investing some of its own funds and making use of federal and Kentucky New Markets tax credits and investment tax credits through assistance from financial partners including Community Ventures Corporation, a Kentucky-based CDIF.
Boone Block Lofts
- Covington,
- Kentucky
- Catalytic Development Funding Corp. of Northern Kentucky
The Boone Block project was an adaptive re-use of a mostly vacant historic building into nine for-sale townhomes. Orleans Development created one-of-a-kind residential units that feature car parking incorporated into living spaces. The project established a market for owner-occupied housing in a challenging location and returned a valued historic asset to the community. The project also features a public art installation by the London Police and a living wall, the first combination of these elements in the US.
Bradford on Scott
- Covington,
- Kentucky
- Catalytic Development Funding Corp. of Northern Kentucky
The Bradford Building is a historically and architecturally significant building that was in danger of demolition by neglect when the Catalytic Fund acquired it in 2016. With development partner Orleans Development, the Catalytic Fund stabilized the structure then converted the building to a mixed-use property with five condominium units and five commercial spaces. The Catalytic Fund assembled the project’s entire capital stack and provided both an equity investment and a subordinate construction loan to fund the project.
Cedar Street Development
- Louisville,
- Kentucky
- Community Ventures Corporation
Community Ventures borrower success story
Century-old Eastern Kentucky Grocery Gets Help with Emergency Disaster Business Loan
- Garrett,
- Kentucky
- Southeast Kentucky Economic Development Corporation (SKED)
Campbell’s Grocery is as much a part of the Garrett, Kentucky landscape as the jagged hillside that looms behind it and the creek that runs nearby. For nearly a century, three generations of Campbells have made it their life’s work to keep fresh groceries and essentials on the store’s shelves to feed friends and neighbors and serve the community they love.
Chocolate Inn & Café
- London,
- Kentucky
- Kentucky Highlands Investment Corporation
Kentucky Highlands Investment Corporation borrower success story
Client Story
- Hazard,
- Kentucky
- Redbud Financial Alternatives
Redbud Financial Alternatives borrower success story
Duveneck Square
- Covington,
- Kentucky
- Catalytic Development Funding Corp. of Northern Kentucky
The construction of 110 new market rate apartments with street level commercial space represented the first large-scale, infill, mixed-use project in the City of Covington in decades. Developed by NorthPointe Group and Bellwether Enterprise, this project anchors a multi-phase development which will eventually include residential units, Class A office space, and a parking garage and bring over $60 million in new investment to this community. The Catalytic Fund recruited the development team and provided development services that included assisting with property assemblage and sourcing development incentives.
East Kentucky Native Opens New Clinic in Her Hometown
- Louisa,
- Kentucky
- Southeast Kentucky Economic Development Corporation (SKED)
The only thing better than owning a small business and getting paid to do something you enjoy is doing it in the hometown you love. Morgan Lester achieved both in 2020 when she opened Eastern Kentucky Sports & Orthopedic Physical Therapy PSC in downtown Louisa, Ky.
CDFI Branches in the State
Catalytic Development Funding Corp. of Northern Kentucky
- Headquarters
- , COVINGTON
Community Ventures Corporation
- Headquarters
- , Lexington
Desco Federal Credit Union
- Carter Ave Ashland Branch
- , Ashland
Desco Federal Credit Union
- Greenup Branch
- , Greenup
Federation of Appalachian Housing Enterprises
- Headquarters
- , Berea
Fortera Credit Union
- Fort Campbell Branch
- , Fort Campbell
Fortera Credit Union
- Hopkinsville Griffin Bell Drive
- , Hopkinsville
Fortera Credit Union
- Hopkinsville Wal-Mart Supercenter
- , Hopkinsville
Frontier Housing
- Headquarters
- , Morehead
Human/Economic Appalachian Development Corporation
- Headquarters
- , London
Kentucky Habitat for Humanity
- Headquarters
- , Louisville
Kentucky Highlands Investment Corporation
- Headquarters
- , London
Liberty Bank and Trust Company
- Louisville Branch
- , Louisville
Mountain BizCapital d/b/a Mountain BizWorks
- Berea Branch
- , Berea
Park Community Credit Union
- Berea Office
- , Berea
Park Community Credit Union
- Blankenbaker Branch
- , Louisville
Park Community Credit Union
- Cedar Creek
- , Louisville
Park Community Credit Union
- Dixie Office
- , Louisville
Park Community Credit Union
- Douglass Loop
- , Louisville
Park Community Credit Union
- Fern Valley Rd Office
- , Louisville
Park Community Credit Union
- Forest Springs
- , Louisville
Park Community Credit Union
- Hamburg
- , Lexington
Park Community Credit Union
- Hikes Point
- , Louisville
Park Community Credit Union
- Hillview Office
- , Louisville
Park Community Credit Union
- Headquarters
- , Louisville
Park Community Credit Union
- Richmond Office
- , Richmond
Park Community Credit Union
- Shepherdsville Office
- , Shepherdsville
Park Community Credit Union
- West Broadway
- , Louisville
Park Community Credit Union
- West Jefferson
- , Louisville
Redbud Financial Alternatives
- Headquarters
- , Hazard
SECURITY BANK AND TRUST COMPANY
- Fulton Branch
- , Fulton
Service One Credit Union
- ByPass Office
- , Bowling Green
Service One Credit Union
- Campus Office
- , Bowling Green
Service One Credit Union
- Glasgow Office
- , Glasgow
Service One Credit Union
- Headquarters
- , Bowling Green
Service One Credit Union
- Hopkinsville Office
- , Hopkinsville