- Community Development
In 2011, Community Ventures partnered with four other community development entities to provide $40 million to the University of Pikeville Kentucky College of Osteopathic Medicine. Located in Eastern Kentucky, the new medical school is part of a strategic plan to upgrade educational services in Central Appalachia.
New Markets Tax Credit funds were used to build the new facility for the college’s school of medicine, which encouraged nearly doubled medical student enrollment.
“This facility [changed] the landscape of Pikeville once again,” said Pikeville City Manager Donovan Blackburn. He referred to the project as “a catalyst to help carry us where we need to be”.