logo
$15 million inclusive housing project breaks ground in Henderson

$15 million inclusive housing project breaks ground in Henderson

Yahoo01-03-2025
HENDERSON, Ky. (WEHT) — The Elevate Estates community breaks ground on Friday afternoon which is expected to open next year.
It will house up to 64 people with disabilities who want to live independently.
Visionaries hope to battle homelessness on the donated 12 acres which lies on the south side of Henderson. The land will eventually will be the Elevate Estates campus where people with disabilities can have housing with their independence.
'If you had told me eight and a half years ago when I became the director, I would be standing here here today getting ready to do what we're about to do, I would have maniacally laughed,' says Elevate Executive Director Julie Wischer.
That groundbreaking on the 15-million-dollar complex became a reality for those in the Elevate community which already assists clients with disabilities in employment and being independent.
But Elevate will take it to the next level.
'A lot of times when someone's diagnosed with a disability or struggling with a disability, they don't even know where to start, and we can be that resource for that,' Wischer says.
In a year the land off Old Madisonville Road will be home to 48 units with staff on site 24/7 to connect those with resources, employment skills and outlets for mental and physical health.
It's an initiative which calls for celebration and a greeting by Kentucky Governor Andy Beshear.
'We have to recognize that all our citizens have unlimited potential, including those with developmental disabilities. They should be able to work and live and prosper,' says Governor Beshear in his remarks.
Among those Kentuckians the governor meets today is Sandra Kaiser who is looking forward to calling the estates her home. Lucky for her, the first residents will likely move in by the middle of 2026.
$15 million inclusive housing project breaks ground in Henderson
Aggressive dogs related to Tuesday arrest in care of Hopkins County Humane Society
Take a behind-the-scenes look at the Warrick County jail construction
Pike County school officials, business community meet to discuss upcoming 'work-based learning' requirements in high schools
'Baby Miya's Law' passes Kentucky House committee
Eyewitness News. Everywhere you are.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fifth Third Bank accelerates growth and community investment across Kentucky
Fifth Third Bank accelerates growth and community investment across Kentucky

Business Journals

time14-07-2025

  • Business Journals

Fifth Third Bank accelerates growth and community investment across Kentucky

1. Expanding Our Footprint Across the State We're growing to meet Kentuckians where they are. This year, we relocated our Louisville corporate office and downtown branch to the vibrant NuLu neighborhood—underscoring our long-term commitment to downtown Louisville. In Lexington, new financial centers are opening in 2025, with Bowling Green and Elizabethtown slated for expansion through 2026. These investments bring banking closer to home for more Kentuckians, making financial services more accessible and convenient. 2. Growing Our Team to Better Serve Clients As our footprint expands, so does our team. We're actively hiring across all lines of business, with a particular focus on strengthening our Commercial and Private Bank divisions. This growth is about more than numbers—it's about bringing in top-tier talent to deliver the personalized, consultative service our clients expect. Our team is equipped to guide individuals and businesses through every stage of their financial journey. expand 3. Investing in Communities That Matter Fifth Third is committed to driving meaningful, place-based community engagement across Kentucky. Through the Fifth Third Neighborhood Program, we've invested more than $40 million in Louisville's Russell neighborhood over the past three years—supporting economic mobility in partnership with local residents and stakeholders. Our commitment extends beyond Louisville. We're proud to invest alongside Community Ventures in the revitalization of Mustard Seed Hill in Millersburg, helping to transform the historic campus into a hub for economic development and community gathering. We're also partnering with the Kentucky Chamber Foundation and Goodwill Industries of Kentucky to bring our eBus—a mobile financial services center—to Elizabethtown. There, we're hosting expungement clinics to help individuals remove barriers to employment and re-enter the workforce with confidence. These efforts are part of our broader mission to create pathways to financial stability and long-term prosperity for Kentuckians across the state. expand 4. Enhancing the Client Experience Through Innovation Our new financial centers are designed with the client in mind—modern, welcoming spaces that make banking easier. We're also investing in digital tools like Genie, our AI-powered assistant in the Fifth Third mobile app, which helps clients manage their finances with greater ease and flexibility. Whether online, on the app, or in person, we're focused on delivering a seamless and personalized experience. 5. A Long-Term Commitment to Kentucky We're not just growing—we're here to stay. Our momentum is strong, and our dedication to Kentucky is unwavering. Whether you're visiting a financial center, meeting with a banker, or volunteering alongside us in the community, know this: Fifth Third is committed to Kentucky and to the people who call it home. Find your nearest branch or explore career opportunities at Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at

SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support
SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support

Yahoo

time11-07-2025

  • Yahoo

SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support

Eleventh Gateway Re issuance indicates strong investor support for the series and SageSure, the seventh top catastrophe bond sponsor globally JERSEY CITY, N.J., July 11, 2025--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and its carrier partners Auros Reciprocal Insurance Exchange ("Auros") and Elevate Reciprocal Exchange ("Elevate") announced the close of the Gateway Re Series 2025-3 catastrophe bond at $100 million in nearly half the typical placement timeline. With more than $2.1 billion in cumulative notional limit including this issuance, the SageSure-supported Gateway Re series has secured SageSure's spot as the seventh top catastrophe bond sponsor in the world as of this date in terms of total notional outstanding. Following Auros' inaugural catastrophe bond deal in April, the latest issuance achieved strong execution with lowered and narrowed price guidance, indicating investor confidence in the Gateway Re franchise. "SageSure's position as one of the leading global catastrophe bond sponsors demonstrates the strategic role of ILS markets in our carrier partners' reinsurance programs," said Terrence McLean, President and CEO of SageSure. "We are grateful for the investor support that enables greater protection against peak perils and greater capacity in the catastrophe-exposed states we serve." The Gateway Re 2025-3 Class A notes will provide protection across a single hurricane season for cedants Auros and Elevate in Louisiana, Mississippi, South Carolina, and Texas. "Auros is honored to partner with SageSure to strengthen the protection of our programs and our policyholders," said Travis Lewis, CEO of Auros Risk Management. "We are grateful for the ILS market's confidence and look forward to the responsible growth this issuance will support." Ed Konar, President of Elevate Risk Management, added, "We are excited by the positive response from the investor community to this catastrophe bond placement. Capital markets continue to enhance the resilience of our reinsurance program." As with previous Gateway Re transactions, Swiss Re Capital Markets acted as the sole structuring agent and bookrunner for the transaction. "We are proud to have partnered with SageSure, Auros, and Elevate in the successful execution of the eleventh Gateway Re catastrophe bond issuance," said Jean-Louis Monnier, CEO of Swiss Re Capital Markets Corporation. "The overwhelming support from investors for a transaction announced later in the issuance season is a testament to the trust that investors have in SageSure's differentiated approach to underwriting, claims, and risk management." About SageSureSageSure is one of the largest managing general underwriters focused on catastrophe-exposed property in the US. Dedicated to serving producers and carrier partners, SageSure provides highly differentiated residential and commercial solutions, innovative service and claims management, and market-leading buying experiences. A leader in catastrophe risk underwriting and exposure management, SageSure operates in 16 states, protects more than 850,000 policyholders, and manages more than $2.5 billion of inforce premium. For more information, visit About AurosAuros Reciprocal Insurance Exchange (Auros) creates differentiated experiences and customized solutions for coastal homeowners. Managed by a team of seasoned industry leaders who ensure alignment with policyholder interests, Auros brings competitive pricing, outstanding protection, and catastrophe risk expertise to the markets it serves, including Louisiana, Mississippi, and Texas. Exclusively available through SageSure, Auros is expanding to meet the high demand for its solutions while maintaining the strong financial outlook indicated by its rating of A, Exceptional, by Demotech, Inc. To learn more, visit About ElevateElevate Reciprocal Exchange (Elevate) delivers industry-leading protection for coastal homeowners, providing customizable coverage, competitive rates, and high-quality service throughout the policy lifecycle. Exclusively distributed through Goosehead in partnership with SageSure, Elevate serves regions where reliable coverage is needed most, including Louisiana, South Carolina, and Texas. Elevate is rated A, Exceptional, by Demotech, Inc., indicating the necessary financial stability to protect its policyholder members. To learn more, visit View source version on Contacts Media Contact: Walker Sandssagesure@

SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support
SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support

Business Wire

time11-07-2025

  • Business Wire

SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support

JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and its carrier partners Auros Reciprocal Insurance Exchange ('Auros') and Elevate Reciprocal Exchange ('Elevate') announced the close of the Gateway Re Series 2025-3 catastrophe bond at $100 million in nearly half the typical placement timeline. With more than $2.1 billion in cumulative notional limit including this issuance, the SageSure-supported Gateway Re series has secured SageSure's spot as the seventh top catastrophe bond sponsor in the world as of this date in terms of total notional outstanding. SageSure's position as one of the leading global catastrophe bond sponsors demonstrates the strategic role of ILS markets in our carrier partners' reinsurance programs. Share Following Auros' inaugural catastrophe bond deal in April, the latest issuance achieved strong execution with lowered and narrowed price guidance, indicating investor confidence in the Gateway Re franchise. 'SageSure's position as one of the leading global catastrophe bond sponsors demonstrates the strategic role of ILS markets in our carrier partners' reinsurance programs,' said Terrence McLean, President and CEO of SageSure. 'We are grateful for the investor support that enables greater protection against peak perils and greater capacity in the catastrophe-exposed states we serve.' The Gateway Re 2025-3 Class A notes will provide protection across a single hurricane season for cedants Auros and Elevate in Louisiana, Mississippi, South Carolina, and Texas. 'Auros is honored to partner with SageSure to strengthen the protection of our programs and our policyholders,' said Travis Lewis, CEO of Auros Risk Management. 'We are grateful for the ILS market's confidence and look forward to the responsible growth this issuance will support.' Ed Konar, President of Elevate Risk Management, added, 'We are excited by the positive response from the investor community to this catastrophe bond placement. Capital markets continue to enhance the resilience of our reinsurance program.' As with previous Gateway Re transactions, Swiss Re Capital Markets acted as the sole structuring agent and bookrunner for the transaction. 'We are proud to have partnered with SageSure, Auros, and Elevate in the successful execution of the eleventh Gateway Re catastrophe bond issuance,' said Jean-Louis Monnier, CEO of Swiss Re Capital Markets Corporation. 'The overwhelming support from investors for a transaction announced later in the issuance season is a testament to the trust that investors have in SageSure's differentiated approach to underwriting, claims, and risk management.' About SageSure SageSure is one of the largest managing general underwriters focused on catastrophe-exposed property in the US. Dedicated to serving producers and carrier partners, SageSure provides highly differentiated residential and commercial solutions, innovative service and claims management, and market-leading buying experiences. A leader in catastrophe risk underwriting and exposure management, SageSure operates in 16 states, protects more than 850,000 policyholders, and manages more than $2.5 billion of inforce premium. For more information, visit About Auros Auros Reciprocal Insurance Exchange (Auros) creates differentiated experiences and customized solutions for coastal homeowners. Managed by a team of seasoned industry leaders who ensure alignment with policyholder interests, Auros brings competitive pricing, outstanding protection, and catastrophe risk expertise to the markets it serves, including Louisiana, Mississippi, and Texas. Exclusively available through SageSure, Auros is expanding to meet the high demand for its solutions while maintaining the strong financial outlook indicated by its rating of A, Exceptional, by Demotech, Inc. To learn more, visit About Elevate Elevate Reciprocal Exchange (Elevate) delivers industry-leading protection for coastal homeowners, providing customizable coverage, competitive rates, and high-quality service throughout the policy lifecycle. Exclusively distributed through Goosehead in partnership with SageSure, Elevate serves regions where reliable coverage is needed most, including Louisiana, South Carolina, and Texas. Elevate is rated A, Exceptional, by Demotech, Inc., indicating the necessary financial stability to protect its policyholder members. To learn more, visit

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store