Implement community or neighborhood projects in your town that will strengthen economic development. This program can help fund job training initiatives, crime prevention, community service projects, and revitalization of community-based buildings and areas.
A Neighborhood Improvement District (NID) is a special taxing district that collects revenue within its designated boundaries to help pay for public infrastructure, facilities or other improvements that confer a benefit on property within the district, normally a residential and not a commercial area.
To provide an incentive for the rehabilitation or construction of owner-occupied homes in certain areas of the state.
The 2017 NPA application period is now closed. The department is currently reviewing and processing the 2017 NPA applications that were received for the 2017 application cycle. Once the applications have been reviewed and processed, approval and denial letters will be sent.
Provide supplemental funding for investment entities that have been approved for the Federal New Markets Tax Credit (NMTC) program in order to direct more funding to Missouri projects. The NMTC program provides state and federal tax credits to investors that make investments into approved funds, which will make investments in eligible projects located in low income census tracks in Missouri.This program does not provide tax credits directly to businesses.