City of Franklin Receives $997,000 Community Development Block Grant
Funding to support economic
development in the City of Franklin
FRANKFORT, Ky. (Jan. 18, 2017) – The Department for Local Government (DLG) approved funding
for a $997,000 Community Development Block Grant (CDBG) for construction of a
rail spur off of the CSX railroad’s mainline to serve the Fritz Winter North
America LP automotive parts plant, which is to be constructed in the Wilkey
North Industrial Park in Franklin.
Senator David Givens commented on the grant, “I am
pleased to hear the Fritz Winter Rail Spur Development Program has received a
Community Development Block Grant that will help support these new jobs and,
thus, support the local economy. Kentucky is known for its excellence in the
automotive industry and this project is yet another example of the growing
industry in our state.”
“This is exciting news! It is very important in our
support of Fritz Winter as they develop their manufacturing location in
Franklin, Kentucky,” said Representative Wilson Stone. “The decision by Fritz
Winter to locate in our community is important to all of south central Kentucky
because of the contribution they will make to our regional economy.”
Applications
for CDBG funds are also submitted to DLG. To learn more, visit https://kydlgweb.ky.gov/FederalGrants/CDBG_cities.cfm.
The
CDBG program provides assistance to communities for use in revitalizing
neighborhoods, expanding affordable housing and economic opportunities,
providing infrastructure and/or improving community facilities and services.
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