A certified Work Ready Community means your local county has job candidates in the pipeline with high-demand skills proved by the National Career Readiness Certificate. It also shows that local employers care about hiring the best and brightest your region has to offer.
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These state sales tax exemptions are approved based on the local economic development agency’s discretion and allow a community to compete for a business project against another state. This program would need to be combined with additional local incentives and the project would need to produce above-average wages with benefits.
DED provides a state and local sales tax exemption on tangible personal property leased by the Company from the City/County.
Cities with Urban Redevelopment Corporations can access this incentive to help redevelop blighted areas by abating some or all of the property taxes for up to 25 years.
The Collective Marketing Initiative (CMI) is a program that leverages the resources of MDT through a menu of subsidized marketing opportunities and outlined pricing for elective participation by the DMOs. The CMI opportunities are selected based on their ability to effectively and efficiently reach Missouri’s target consumers.
The Neighborhood Stabilization Program (NSP) awarded grants to Missouri communities to assist in the acquisition, rehabilitation, and resale of foreclosed homes to income qualifying persons/families. Resale was limited to persons/families of low, moderate and middle income (LMMI) status.
The State received two separate allocations of NSP funding: $42,664,187 through the Neighborhood Stabilization Program and an additional $5,000,000 through Neighborhood Stabilization Program III (NSP3).
If your startup exhausted all funding sources and you still need access to capital to expand, connect with your local economic development agency/local government to learn about this loan program can help finance new machinery and working equipment, construct space, or provide working capital.
This program helps Missouri communities construct facilities that will serve a large portion of the public with a variety of services. With education and health/well-being programs taking priority, communities can utilize this program to construct senior centers, day care centers, rural health clinics, telecommunications, and 911 services, among others.
Applications are due by 5:00pm:
These grants help Missouri communities with demolition of vacant, dilapidated structures (primarily residential) in blighted areas and that present safety hazards.
Applications are due by 5:00pm:
These grants assist local communities and other entities with long-term recovery, restoration of infrastructure and economic revitalization related to specific Presidentially-declared disasters. At this time, Missouri is currently administering four CDBG Supplemental Disaster Appropriation grants.
This program provides assistance to communities to address conditions that pose a serious and immediate threat to the health and welfare of the community. The need must be a serious threat to health or safety, be immediate, have developed or greatly intensified within the past 18 months, and be unique in relation to the problem not existing in all other communities within the state.
This program helps Missouri communities strengthen its local economy by improving local public infrastructure, streets, drainage, and bridges. Reliable and sustainable infrastructure helps support the business community as well as residents. This program does not fund the operation, maintenance or improvements related to fire flow.
Applications due by 5:00pm:
This program helps communities develop public infrastructure that allows industries to locate new facilities, expand existing facilities, prevent the closing of a facility or the relocation of a facility outside the state. Grant funds may be used for public streets, water or sewer lines, engineering and other public facilities necessary to support the private sector project. A public entity must own the facilities to be funded.
Local government can provide a short term loan to certain types of for-profit companies that need funds for start-up or expansion and have exhausted other sources.
Through this program, cities and counties can design a revolving loan program to help small businesses grow or to facilitate other revitalization/redevelopment projects that will result in job creation or retention. By providing funds to local governments (or sponsored eligible non-profit organization sub-applicants) to establish a revolving loan program, communities can promote the development of small businesses or facilitate other revitalization/redevelopment activities. The applicant is encouraged to design their program in a manner to best meet the area’s needs.
From addressing local health and safety concerns to improving local facilities such as senior centers and community centers, CDBG programs are designed to support your community's wellbeing and greater capacity for growth. Grants are available in a variety of categories and can be utilized for a variety of community development initiatives.
This program helps communities establish or improve local water or sewer systems. Grants may be used for construction that is related to water treatment and distribution, and sewer treatment and collection for publicly owned systems.
In 2018, the U.S. Congress created Community Development Block Grant Mitigation (CDBG-MIT) funds to help states impacted by disasters that happened from 2015 to 2017. In August 2019, the U.S. Department of Housing and Urban Development (HUD) released the rules for how states can use CDBG-MIT funds.
Because of damage from storms like the 2017 floods, HUD made $41.5 million in CDBG-MIT funds available to Missouri.
A Community Improvement District (CID) is a local special taxing district that collects revenue within its designated boundaries to pay for special public facilities, improvements or services.
Missouri officials released the Comprehensive State energy plan in October of 2015, energizing the push for abundant, clean, and affordable energy. The overarching goal of the plan to to "chart a course toward a sustainable and prosperous energy future that will create jobs and improve Missourian's future."