$200K on table with 2nd ‘RIPPLE Effect’

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Purchase of the commercial building at 717 Pike St. was part of the Lewisburg Thorofare proposal during the 2018 The RIPPLE Effect competition, and a new tenant – Salon Jade – has since received a Rent Subsidy grant from the City.  

Local business districts compete for City money, services 

COVINGTON, Ky. - The City of Covington is kicking off the second year of The RIPPLE Effect, a public-private partnership in which neighborhood business districts compete for $200,000 in public improvements and a focused application of City services.
 
The goal?
 
To create dramatic, sustainable energy in a targeted area by pooling resources and attention.
 
The first deadline is Dec. 20.
 
That’s when applicants turn in pre-applications, a one-page summary of their project designed to see if their proposed project meets minimum program requirements.
 
The final deadline for the full application isn’t until Feb. 14, with the selection happening in March, culminating in a vote by the full Covington City Commission.
 
“Government can’t do it all by itself, and nor can neighborhood leaders,” said Jeremy Wallace, the City’s Federal Grants Manager. “But if we pool our investment, time, attention and energy, we can collaborate on a plan that really jump-starts an area.”
 
The program - whose acronym stands for “Revitalization Includes People, Places, Lifestyles (and) Economic investment” - began a year ago as a way for City Hall to directly invest in local communities while ensuring local buy-in. The first RIPPLE Effect competition yielded four proposals, with the Lewisburg Thorofare Project deemed the winner in late February.
 
That proposal focused on the business district/node at the bend of West Pike Street near Montague Road and Western Avenue. Over the past year, much has happened to implement that first RIPPLE Effect plan, Wallace said:
 
  • The Lewisburg RIPPLE group has purchased additional properties it plans to redevelop for business and residential use and is considering a new construction project on vacant land.
  • Properties in the RIPPLE target area have been awarded additional City incentives from the Rent Subsidy, Façade Improvement, Upper Floor Residential Rehab, and Lead Hazard Reduction programs.
  • The City is reviewing designs for a neighborhood gateway feature that may include a sculptural gateway as well as a mural. 
  • The City will be completing streetscape improvements around the intersection of Pike, Western and Montague in spring.  
Wallace said the Lewisburg proposal should be seen as a model.
 
“Potential applicants should take note of two things in that plan: The private investment, and the leverage of other City programs, services, and opportunities,” he said. “That’s what we believe makes a successful partnership.”
 
Eligible partners for The RIPPLE Effect investments include community groups or councils, neighborhood associations, and associations or organizations that represent neighborhood businesses or business interests.
 
Applications are scored by City staff in five areas:
  • The benefit to low- and moderate-income people.
  • Whether the project is “ready to go.”
  • Its ability to leverage public dollars.
  • The impact on the surrounding neighborhood and businesses.
  • Its sustainability. 
Proposed public improvements could include things like new curbs and sidewalks; lighting; decorative features like benches and outdoor seating; or artistic elements like sculptures, gateways, or murals.
 
To see program guidelines, download the pre-application or full application, or to see a timeline or scoresheet, click HERE. For questions, email Jeremy Wallace at jwallace@covingtonky.gov or call him at (859) 292-2147.
 
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