At first glance, Millersburg, Kentucky, population 800 or so, would seem an unlikely place for a multi-million dollar plan to revitalize the city. But that’s exactly where the nonprofit Community Ventures is using historic and new market tax credits, and additional investors, to make the city a better place to live, work and play. CEO Kevin Smith said Community Ventures targeted Millersburg seven years ago.
“When MMI Millersburg Military Institute went bankrupt, and a large employer shut down and a bypass was built around the town, they ceased being a destination community. And that's when you begin to lose the businesses and that type of thing.”
