The city of Paducah will get $1,000 as part an award recognizing the Fountain Avenue neighborhood revitalization project, the Kentucky League of Cities announced Monday.
The Kentucky League of Cities says Paducah is one of three 2016 Enterprise Cities winners. The awards recognize programs that the league says "make a true impact on their communities."
In a news release announcing the award winners, the league said of the Fountain Avenue project:
The City of Paducah is the third 2016 Enterprise Cities winner for its Fountain Avenue Neighborhood Revitalization project. Launched in 2007, this multi-year project had as its goal to rehabilitate a 20-block neighborhood that was fraught with blighted property and crime. The city set aside a portion of its payroll tax to establish an incentive fund for homeowners (with a $20,000 cap), and worked with them on codes and fees concerns. Since its inception, the Fountain Avenue Neighborhood Revitalization program has brought $12.4 million in public-private investment in the neighborhood with 194 properties rehabbed and 32 new homes built. The crime rate decreased by 76 percent in the area. The residents of Fountain Avenue formed a neighborhood association, and the city has now identified and committed to another neighborhood for future revitalization.
Two other cities were recognized as 2016 Enterprise Cities Award winners. Those were Hopkinsville for it's Hopkinsville Transit program, and Owensboro for it's use of public-private partnerships.
The league says the Enterprise Cities Award program is sponsored by Collins and Company, Inc., which provides $1,000 to each winning program.
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