EDA awards over $39 million in grants for economic development projects in Kentucky in 2022

EDA awards over $39 million in grants for economic development projects in Kentucky in 2022

Economics
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Maryam Janani-Flores Chief of Staff at U.S. Economic Development Administration at EDA | Official Website

In 2022, the Economic Development Administration (EDA) issued 22 grants totaling $39,441,780 to fund economic development projects in Kentucky.

This represents a 36.6% increase over 2021, when the state received $28,874,102 in funding.

Kentucky ranked 32nd across the U.S. in total EDA grant funding for 2022. California topped the list with $238,656,132 in funding across 57 grants.

Kentucky Tourism, Arts and Heritage Cabinet received the largest EDA grant for funding an economic development project in the state, totalling $5,346,250.

EDA Grant Recipients in Kentucky in 2022
Grantee NameTotal Funding
Kentucky Tourism, Arts and Heritage Cabinet$5,346,250
City of Hazard$5,000,000
University of Pikeville$4,400,000
Wayne County Fiscal Court$4,057,900
McCreary County Heritage Foundation, Inc.$3,900,400
Purchase Area Development District$3,200,000
City of Henderson$3,000,000
Pikeville Medical Center, Inc.$2,356,912
City of Covington$1,796,105
Henry County Fiscal Court$1,573,280
Commonwealth of Kentucky – Department for Local Government$1,050,000
Kentucky Education and Work Force Development Cabinet$1,000,000
Union County Fiscal Court$500,000
Louisville Healthcare Ceo Council, Inc.$500,000
Kentucky Education and Workforce Development Cabinet$500,000
Mount Sterling/Montgomery County Industrial Authority$400,000
Louisville Healthcare CEO Council, Inc.$299,970
Muhlenberg County Fiscal Court$169,600
University of Louisville$109,618
The University of Kentucky Research Foundation$109,618
Northern Kentucky University$109,618
Appalshop, Inc.$62,509

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