Northern Kentucky regional leaders have established the Northern Kentucky Housing Fund, a revolving loan fund designed to boost housing development in Boone, Kenton, and Campbell counties. The fund has a minimum capitalization target of $25 million and will serve as a permanent financial resource to expand the region’s overall housing supply. The fund will be […]
Tag: the catalytic fund
Posted inNews
NKY Catalytic Fund, Kenton County partner for redevelopment fund
The Kenton County Fiscal Court has approved a partnership with The Catalytic Fund of Northern Kentucky to advise on the development of a county redevelopment fund. The fund will aim to redevelop select county properties with an eye toward commercial development and employer attraction. The fiscal court voted to approve the partnership at its meeting […]
Posted inBusiness
$2 million loan for SparkHaus project approved
Sparkhaus, a development project that aims to build an entrepreneurial hub in Covington’s urban core, locked down a key loan. Located at 727 Madison Ave. in Covington’s Central Business District, SparkHaus is transforming the vacant Simms Furniture building into a space where Northern Kentucky-based founders, investors and support organizations can collaborate in one central office […]
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Jeanne Schroer receives Kenton County’s Pioneer Award for outstanding service
Jeanne Schroer, a successful real estate professional and president of The Catalytic Fund, has been honored with Kenton County’s prestigious Pioneer Award for her outstanding service to the community.
Posted inNews
Kenton County is running out of land for industrial development. Here’s their plan moving forward
Kenton County is prioritizing the development of land in the southwestern portion of the county for manufacturing facilities, rather than speculative warehousing and logistics developments, in order to reduce uncertainty for manufacturing prospects and increase the chances of attracting them to the county.
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How six nonprofits serving NKY are using $100k in grants
Horizon Community Funds has granted $100,000 to six nonprofits serving Northern Kentucky, the largest Community Impact Fund grant cycle since Horizon was founded in 2017. The Community Impact Fund uses collective giving to contribute to NKY’s future success. In a press release, Horizon described it as the most flexible source of grantmaking dollars. The following […]
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Truist Charitable Fund awards $250,000 to Catalytic Fund
The Catalytic Fund, a Northern Kentucky-based nonprofit community investment fund, recently received a $250,000 grant from the Truist Charitable Fund. The Catalytic Fund’s capital pool is part of a $27 million investment fund the institution uses to make real estate investments in Northern Kentucky. “This grant from Truist Charitable Fund expands our capacity to invest […]
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Park Hills explores potential partnership with the Catalytic Fund
The Park Hills Economic Development Committee met with The Catalytic Fund in Covington this week to explore a potential future partnership for revitalizing parts of the Park Hills business district on Dixie Highway. The meeting was part of an initiative to develop relationships with businesses and urban revitalization organizations. They aim to strategize for sustainable […]
Posted inMind Your Business, NKY!
LISTEN: Creating relationships with local communities with Jeanne Schroer of The Catalytic Fund of NKY
This week on our new podcast, Mind Your Business, NKY!, LINK nky COO Mark Collier steps in for Lacy Starling and talks new businesses with LINK nky’s Business Reporter Kenton Hornbeck. Learn more about which popular restaurant is opening a second location in Fort Thomas and our own local business bracket for March Madness called […]
Posted inBusiness
Two Covington buildings receive grant funding to support redevelopment
Throughout its 11-year history, the Duke Energy Urban Revitalization Grant Program has aided countless developers in transforming iconic buildings in Northern Kentucky and Cincinnati. On Friday, Duke Energy announced its latest round of funding, $250,000 in Urban Revitalization grants for eight projects across the Greater Cincinnati area, including $55,000 for two projects in Covington. These […]