The City of Covington and the NKY HOME Consortium are HUD entitlement communities. An annual allocation of funding is received in the form of Community Development Block Grants (CDBG) and Home Investment Partnership Program Funds (HOME). This funding is a significant source of revenue for both the City of Covington and the HOME Consortium cities that is used to provide needed public services, housing, economic development, neighborhood improvements, and other critical needs of our low-income residents.
The creation of an Annual Action Plan is required to outline how the funds will be utilized. The number one goal of this plan is to be an informative and useful tool for the residents, organizations and businesses that are committed to Covington and Northern Kentucky’s continued growth. This plan will also demonstrate to HUD Covington’s plans to effectively and efficiently utilize the federal resources that are provided. This will also include the data relative to the Northern Kentucky HOME Consortium member cities of Ludlow, Newport, Bellevue and Dayton. The City of Covington is the lead agency responsible for this plan.
The draft of the Annual Action Plan can be reviewed here and commented on by the public until April 17th. Any public input regarding the draft annual action plan can be sent to: Natalie Gardner, Programs and Strategic Projects Manager, 20 West Pike Street, Covington, KY 41011 or email@example.com.