Key piece of funding advances plans for OneNKY Center in Covington, home for ‘growth organizations'

The Northern Kentucky Port Authority (NKPA) announced that a key piece of funding for the OneNKY Center was approved by the Kenton County Fiscal Co...

May 27, 2023
6:32 AM

The Northern Kentucky Port Authority (NKPA) announced that a key piece of funding for the OneNKY Center was approved by the Kenton County Fiscal Court. The Court unanimously voted to provide credit enhancement for up to $10M in construction bonds that are scheduled to be issued by the Kentucky Association of County Officials (KACo) Finance Corporation and underwritten by Compass Municipal Advisors. The bonds are a critical component of the capital stack for the OneNKY Center, which will be owned by the NKPA.