It's official: The Catalytic Development Fund Corporation of Northern Kentucky has reached its initial $10 million funding goal, thanks to recent investments by PNC and Fifth Third Bank.
Launched in 2007 with an initial $1 million pledge from Corporex CEO Bill Butler, Northern Kentucky's first-ever development fund will be used to leverage as much as $100 million in the region's river basin communities -- Covington, Newport, Dayton, Bellevue and Ludlow.
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