The Kentucky Highlands Investment Corporation was awarded a $1.8 million Project Grant from the United States Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant funding will support Kentucky Highlands Investment Corporation's efforts under the Community Development Financial Institutions Rapid Response Program (CDFI RRP) through March 31, 2024.
The CDFI RRP aims to bolster the ability of Community Development Financial Institutions to respond to and mitigate the economic impacts of the coronavirus pandemic. With this award, Kentucky Highlands Investment Corporation will deliver services and products to support small businesses and promote community development in response to the public health emergency and economic downturn. The funding will assist their efforts to prepare for and address the effects of the coronavirus crisis through March 2024.
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