Incentives

Main Street Incentives

  • Property tax moratorium on rehabilitation of downtown buildings
  • Kentucky Historic Preservation Tax Credit
  • 50/50 matching grant for exterior paint projects

  • For more information about these incentives, please contact us.

    Bardstown Main Street

    Reinvestment Statistics

    Total number of jobs in district 2,632
    Number of full-time jobs created 39
    Number of part-time jobs created 18
    New businesses created 8
    Rehabilitation projects completed 16
    Public Improvement projects completed 4
    New construction projects completed 2
    $ Public investment $750,000.00
    $ Private investment $400,000.00
    Number of downtown housing units includes residential 1,500
    Total number of commercial spaces 170
    Total number of vacant spaces 0
    Average commercial rent per square foot $7.26
    Total square footage in the commercial district 748, 510
    Organization Budget $121,462.00
    Volunteer Hours Contributed 2,901
    Number of jobs lost 8
    Number of businesses closed 3
    Amount invested in building rehabilitations $700,268.00
    Number of façade projects 4
    Amount invested in façade projects $47,000.00
    Number of businesses expanded 6
    Number of new housing units in downtown 2
    Number of historic rehabilitation tax credit projects 2

    Total reinvestment $1,897,268.00


    2013 Bardstown Main Street Statistics:

    Downtown District

    Population: 12,848
    Total Number of Jobs: 2,632
    Number of jobs created: 30
    Number of Jobs lost: 12
    Total number of businesses in district: 160
    Number of businesses opened: 10
    Number of businesses closed: 2
    Number of businesses expanded: 3
    Number of business rehabilitations: 15
    Amount Invested in Rehabilitations: $325,970.00
    Number of façade projects: 2
    Amount invested in façade projects: $50,000.00
    Number of Volunteer hours for the Main Street Program: 2600

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