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Kentucky Reinvestment Act (KRA)

Kentucky Reinvestment Act (KRA)

Funds existing Kentucky businesses with tax credits for equipment investments that preserve and expand local manufacturing.

OpenKentucky Economic Development Finance AuthorityUnited StatesOperations in Kentucky

The Kentucky Reinvestment Act (KRA), authorized under KRS 154.34, provides job-retention tax credits to existing Kentucky businesses that invest in eligible equipment and related costs to maintain or upgrade their in-state operations. Unlike new-investment programs such as KBI, KRA specifically targets companies with established Kentucky operations that need incentives to reinvest rather than relo…

Provides job-retention tax credits against Kentucky corporate income tax and LLET for existing manufacturers and industrial operators that invest a minimum of $1,000,000–$2,500,000 in eligible equipment, with credits available for up to 10 years.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Monthly
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 5 Aug 2026Source: ced.ky.gov