KEDFA Amends Covington Central Riverfront TIF Project
Kentucky Economic Development Finance Authority | Commonwealth of KentuckyState · Frankfort, KY- Disclosed value
- Reduced maximum potential incentive from $45,500,000 to $30,085,000
- From minutes
- Document date
- Jun 25, 2026
- Term
- Reduced from 30 years to 20 years
The 30-second brief
KEDFA unanimously amended the City of Covington’s Covington Central Riverfront TIF project. The amendment reduces the maximum incentive to $30.085 million and shortens the recovery term to 20 years.
City of Covington holds this contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky. Its other public contracts on record include work for Newton County and Washington Forum on Monitoring Salmon Recovery and Watershed Health.
Term as filed: Reduced from 30 years to 20 years.
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Contract details
- Amount
- Reduced maximum potential incentive from $45,500,000 to $30,085,000
- Document date
- June 25, 2026
- Term
- Reduced from 30 years to 20 years
- Vendor
- City of Covington
- Source document
- Kentucky Economic Development Finance Authority Minutes Board Meeting 2026-06-25 (Minutes)
City of Covington's other public contracts
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Questions about this contract
Who was awarded the government contract by Kentucky Economic Development Finance Authority | Commonwealth of Kentucky?
City of Covington was awarded this government contract by Kentucky Economic Development Finance Authority | Commonwealth of Kentucky, as recorded on June 25, 2026. The contract value is Reduced maximum potential incentive from $45,500,000 to $30,085,000.
How much is the City of Covington contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky worth?
The City of Covington contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky is valued at Reduced maximum potential incentive from $45,500,000 to $30,085,000.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Kentucky Economic Development Finance Authority Minutes Board Meeting 2026-06-25 (Minutes), dated June 25, 2026 from Kentucky Economic Development Finance Authority | Commonwealth of Kentucky. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Covington hold?
City of Covington may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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