Small Business Grant Program in Kentucky in Kentucky (USA)
GrantID: 59296
Grant Funding Amount Low: $5,400
Deadline: Ongoing
Grant Amount High: $10,000
Summary
A grant opportunity is available in Covington, Kentucky, offering financial support for small businesses, property owners, and homeowners committed to community revitalization and sustainable improvements. Storefront operators in qualifying commercial zones can access forgivable loans covering up to $6,000 of exterior upgrades, including signage, lighting, painting, or window enhancements. Additional forgivable funding is available for businesses in historic districts aiming to preserve or restore electric signage, matching their contribution with funding of up to $7,500. Homeowners meeting income eligibility within Covington can also apply for repair assistance grants—up to $10,000—to address urgent health, safety, or accessibility needs such as plumbing, roofing, or mobility modifications. First-time homebuyers are eligible for deferred forgivable loans of up to $10,000 to help cover down payments or closing costs, making homeownership more attainable.
These funding options aim to enhance commercial appeal, preserve historic character, and stabilize residential neighborhoods. Eligible applicants include for-profit small businesses, commercial property owners, income-qualified homeowners, and first-time homebuyers operating or residing within city limits. Projects must align with designated program goals, such as improving street-facing façades, maintaining historic aesthetics, or ensuring safe living conditions. Applications are accepted on a rolling basis as funding allows; grants are awarded once funds are available and projects meet eligibility criteria. For storefront and signage programs, applications continue until budgets are drawn down. Home repair and homebuyer assistance follow annual federal grant allocations tied to community development funds. Recipients receive structured support to help complete their projects, with clear expectations for funding usage and compliance.
With assistance ranging from $6,000 to $10,000 depending on the program, this grant suite supports economic vitality, historic preservation, and affordable homeownership in Covington. Whether enhancing a storefront, restoring a historic sign, fixing essential household systems, or stepping into a first home, these opportunities offer meaningful backing for those ready to invest in their properties and neighborhoods.
Eligible applicants in Kentucky with a demonstrated commitment to Small Business are encouraged to consider this funding opportunity. To identify additional grants aligned with your needs, visit The Grant Portal and utilize the Search Grant tool for tailored results.
Eligible Regions
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