Home » Abramson announces funding for new Salt Lick housing redevelopment project

Abramson announces funding for new Salt Lick housing redevelopment project

Funds will help demolish old Salt Lick Elementary School

SALT LICK, Ky. (Aug. 6, 2012) – Lt. Gov. Jerry Abramson on Wednesday announced funding for a new housing redevelopment project to benefit Low-to-Moderate Income (LMI) families in the city of Salt Lick in Bath County.

Abramson joined state and local officials to present the $889,900 Community Development Block Grant (CDBG) to the city of Salt Lick to purchase and clear existing dilapidated structures and build new residential housing units.

“Owning a home is a central goal for every American family, yet with recent economic conditions, the possibility of attaining that goal has become increasingly difficult,” he said. “This project helps low-to-moderate income residents of Salt Lick achieve their homeownership goals by providing safe, quality housing as well as loan assistance.”

[pullquote_left]“Owning a home is a central goal for every American family, yet with recent economic conditions, the possibility of attaining that goal has become increasingly difficult. This project helps low-to-moderate income residents of Salt Lick achieve their homeownership goals by providing safe, quality housing as well as loan assistance.”— Lt. Gov. Jerry Abramson[/pullquote_left]

The CDBG funding will help purchase Salt Lick Elementary School from the Bath County School Board in order to demolish and clear the vacant structure to create six new housing units for LMI homebuyers. The old elementary school is in blighted condition, posing health risks to community residents.

Frontier Housing, based in Morehead, will coordinate the school’s demolition, property redevelopment and housing unit construction. Frontier Housing will contribute more than $398,000 to the project.

All of the newly constructed homes will comply with Universal Design Requirements and will be served by the Bath County Water District and the Owingsville Sewer Works. The project will also include public improvements to curbs, gutters, sidewalks and storm drainage along the redeveloped area.

“This CDBG funded project offers immeasurable benefits for the Salt Lick community,” said Department for Local Government Commissioner Tony Wilder.  “It shows how state and local governments can work together to effectively rehabilitate blighted buildings and create viable, aesthetic and accessible housing in our communities.”

The state’s CDBG program is administered by the Department for Local Government and funded through the U.S. Department of Housing and Urban Development (HUD). Kentucky’s Congressional leaders’ ongoing support of the CDBG program ensures the availability of continued funding in Kentucky and nationally.