Elizabethtown-Hardin County Industrial Foundation (EHCIF) in partnership with the City of Elizabethtown previously submitted an application for a $500,000 Product Development Initiative (PDI) grant, available through the Kentucky Cabinet for Economic Development (KCED) and the Kentucky Association for Economic Development (KAED). Recommended as one of nine communities for grant-funded enhancements, EHCIF will use funds to accelerate site development projects, improvements to storm water detention basins, and utility extensions at T.J. Patterson Industrial Park.
Next steps in the PDI process require each community to bring its project before the Kentucky Economic Development Finance Authority (KEDFA) board for funding consideration. According to KAED, communities that present an aggressive plan to develop and attract new business have the best opportunity to benefit from PDI.
“We want decision makers to know that Elizabethtown is a prime location for corporate investment,” said EHCIF President and COO Rick Games, “We have some of the top real estate and industrial sites in the state, and if awarded this grant, we can expedite our planned investments in infrastructure.”