# Tourism Authority to Review Development Projects at Monthly Meeting  
**Published:** 2026-02-18T13:57:40.000Z  
**Source:** [KY Tourism, Arts & Heritage Cabinet](https://kentucky.gov/Pages/Activity-stream.aspx?n=TAH&prId=329)  
**AI-generated:** yes (claude-haiku-4-5-20251001)  
**Canonical:** https://feeds.lexingtonky.news/article/tourism-authority-to-review-development-projects-at-monthly-meeting

LEXINGTON, Ky. — The Kentucky Tourism Development Finance Authority will meet to review incentive applications from developers seeking support for tourism projects across the Commonwealth, according to an announcement from the [Kentucky Tourism, Arts and Heritage Cabinet](https://kentucky.gov/Pages/Activity-stream.aspx?n=TAH&prId=329).

The meeting will be conducted in person and via Zoom, allowing the public to observe the proceedings remotely. [The authority meets monthly on the third Wednesday of each month at 1:30 p.m. Eastern at 500 Mero Street, Fifth Floor, in Frankfort](https://tah.ky.gov/openforbusiness/Pages/Tourism-Incentives.aspx).

[The Kentucky Tourism Development Finance Authority reviews applications for projects seeking preliminary and final approval under the Kentucky Tourism Development Act, an incentive program designed to encourage the development, expansion or rehabilitation of tourism projects throughout the Commonwealth](https://tah.ky.gov/openforbusiness/Pages/Tourism-Incentives.aspx). [Projects can recover up to 25 percent of approved development costs over a 10-year term through the recovery of incremental sales tax generated by the project](https://tah.ky.gov/openforbusiness/Pages/Tourism-Incentives.aspx).

Developers submit applications to the Secretary of the Tourism, Arts and Heritage Cabinet, and [with the Secretary's recommendation, the project goes before the Kentucky Tourism Development Finance Authority for preliminary approval](https://tah.ky.gov/openforbusiness/Pages/Tourism-Incentives.aspx). [Following preliminary approval, the Cabinet's independent consultant conducts an in-depth study to ensure the project meets the requirements of the Kentucky Tourism Development Act](https://tah.ky.gov/openforbusiness/Pages/Tourism-Incentives.aspx).

[Upon final approval from the Authority, an agreement is signed by the applicant and the Commonwealth, allowing the company to recover the sales tax generated on-site](https://tah.ky.gov/openforbusiness/Pages/Tourism-Incentives.aspx). Recent projects approved through the program have included hotel expansions and entertainment facilities across the state.

## Sources

- [KY Tourism, Arts & Heritage Cabinet](https://kentucky.gov/Pages/Activity-stream.aspx?n=TAH&prId=329)
- [Tourism Programs and Incentives - Kentucky Tourism, Arts and Heritage](https://tah.ky.gov/openforbusiness/Pages/Tourism-Incentives.aspx)

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This article was generated by AI (claude-haiku-4-5-20251001) based on source material from KY Tourism, Arts & Heritage Cabinet, enriched with 2 web searches. The original source is available at https://kentucky.gov/Pages/Activity-stream.aspx?n=TAH&prId=329.