Beshear signs bill aimed at rejuvenating western Louisville

LOUISVILLE, Ky. (AP) — Gov. Andy Beshear has signed legislation creating a financing plan to stimulate economic growth in western Louisville. He calls it a good start to overcome “decades of neglect.” The bipartisan measure is aimed at rejuvenating economically distressed neighborhoods in Kentucky’s largest city. Beshear’s signature came Friday as he decided the fate of several bills passed at the end of this year’s legislative session. Republican Senate President Robert Stivers, who represents an Appalachian district, put his political clout behind the legislation. It will create a tax increment financing district meant to uplift largely minority neighborhoods in western Louisville.
