Young Professionals Buying Rehabbed Urban Homes

By: Associated Press
By: Associated Press

COVINGTON, Ky. (AP) — The city of Covington's initiative to buy, fix up and resell vacant homes in its urban core is paying off.

The Kentucky Enquirer reports young professionals are among those purchasing the properties, some of which had been abandoned and boarded up.

With the help of a $5 million federal Neighborhood Stabilization Program grant through the Kentucky Department for Local Government, city officials bought 14 homes at a low cost and have been able to sell most of them after sprucing them up.

The city's home program coordinator, Jeremy Wallace, says five of the rehabbed houses, three of which were just completed, are all that's left.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 226294771