The Area Development Fund (ADF) is a state-funded program that provides financial support for capital projects through each Area Development District. These state-allocated dollars allow communities to engage in project activities that they may not otherwise afford.
Activities that can be funded with ADF dollars include:
• construction, reconstruction, renovation, and maintenance of buildings and other improvements to real estate;
• acquisition of real property;
• major equipment purchases;
• industrial site development;
• installation of water, gas, sewer, and electrical lines to public facilities and industrial sites;
• solid waste management or disposal systems needed to comply with law, and architectural, engineering and legal fees in connection with such projects; and
• eligible project costs incurred within the previous five years may be retroactively funded.
The Lake Cumberland Area Development District has received $32,000 for ADF projects. There will be a $10,000 cap placed on each ADF fund application. Local contribution dues must be current for the preceding five (5) year period for a local community, or an eligible applicant from that jurisdiction, to be eligible to receive ADF funds.
Application period January 20, 2009 through February 20, 2009. All applications must be received in the Lake Cumberland Area Development District Office by 4:00 PM (CT) on February 20, 2009.
Current Grant Opportunities
