(FOX19) - Duke Energy announced more than $320,000 in economic development grants set for projects in Ohio and Kentucky.
These ten "catalyst grants" will be used in urban communities within the company's service area. The grants are designed to help spur job growth and redevelopment on behalf of Duke Energy Foundation's Urban Revitalization Program.
The project recipients include:
- Middletown Community Foundation - SORG Revitalization
- Grassroots Ohio - Goetz Tower Redevelopment/Middletown
- Roselawn Community Urban Redevelopment Corporation - Deer Park Urban Facade Design & Planning Project
- Catalytic Development Funding Corporation of NKY - The Mutual Project
- Catalytic Development Funding Corporation of NKY - 220 Pike Street Redevelopment Project
- Catalytic Development Funding Corporation of NKY - Hotel Covington/City Building Redevelopment
In addition to these six grants, Duke has teamed up with the Hamilton County Development Corporation (HCDC) for a new pilot program to provide business district retention services and business coaching in four communities:
- Price Hill Will
- Northside Business Association
- College Hill Community Urban Redevelopment Corporation
- East Walnut Hills - DeSales Community Urban Redevelopment Corporation
Duke Energy Ohio and Kentucky's operations provide electric service and natural gas service to over one million people.
Read more information about Duke's foundation here: http://www.duke-energy.com/community/foundation.asp