City, county approve financing deal for 125-unit residential complex in Covington
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City, county approve financing deal for 125-unit residential complex in Covington
A financing deal and tax abatement was approved Tuesday night for Covington’s Bavarian Flats project, a $27 million apartment complex that will sit atop the Kenton County Government Center parking garage. Both the Covington City Commission and the Kenton County Fiscal Court discussed the project in their meetings this week, approving a PILOT program, or Payment in Lieu of Taxes. The 125-unit multifamily residential complex will be located at 184…
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