Adobe Stock
Adobe Stock
According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The Kentucky Community and Technical College System received the largest EDA grant for funding an economic development project in the state.
Grants awarded around Kentucky in 2020
| Grantee Name | Total EDA Project Funding | Grant Award Date |
|---|---|---|
| Kentucky Community and Technical College System | $3,880,000 | Sept. 28 |
| McCreary County Water District | $1,779,760 | May 27 |
| Commonwealth of Kentucky - Department for Local Government | $1,050,000 | May 26 |
| Eastern Kentucky Pride Foundation | $250,000 | July 14 |
| Barren River Area Development District | $228,294 | May 26 |
Alerts Sign-up