What: The Area Development Fund (ADF) is a state-funded program that provides financial support for capital projects. Local governments are struggling to provide the services and facilities needed to ensure a high quality of life for residents. These state-allocated dollars allow communities to engage in project activities that they may not otherwise afford.
Activities that can be funded with ADF dollars include:
• construction, reconstruction, renovation, and maintenance of buildings and other improvements to real estate;
• acquisition of real property;
• major equipment purchases;
• industrial site development;
• installation of water, gas, sewer, and electrical lines to public facilities and industrial sites;
• solid waste management or disposal systems needed to comply with law, and architectural, engineering and legal fees in connection with such projects; and
• eligible project costs incurred within the previous five years may be retroactively funded.
There is no maximum project amount or local match requirement.
Who Can Apply: Local Governments
Application Process: Anyone interested in obtaining an ADF Grant must contact their Area Development District for an application. Each applicant must complete a Project Scope and Budget Form and an ADF Statement of Assurances. The completed applications will be considered at the Area Development Districts Board Meetings and if approved, will be sent to the Governor’s Office for Local Development for final approval and payment. There is no time frame for these applications.
For more information contact Jamie Mangeot.
For more information about the Area Development Districts, please go to http://www.kycadd.org/