The Department of Economic Development (DED) will make a deferred loan to a not-for-profit development corporation to assist in the location of new companies to Missouri communities and the creation of new full-time jobs primarily for low to moderate income (LMI) persons.
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Facilitate the redevelopment of blighted areas by providing essential public infrastructure.
Applications are accepted year round.
Get involved in developing Missouri’s future workforce by opening the doors to your business to our youth workers this summer. At no cost to your company, you can connect with motivated employees and provide valuable workplace experience.
The Tax Credit for Contribution program allows any taxpayer to donate to the Board’s Infrastructure Development Fund in exchange for a tax credit equal to 50 percent of the value of the contribution. State agencies or local governments are then eligible to apply for funding through the collected proceeds of the fund to make public infrastructure improvements.
Provides local or state agencies (or local political subdivisions) tax credits to fund public infrastructure facility projects such as highways, water supply and distribution systems, mass transportation equipment/facilities, telecommunications facilities, jails and prisons, sewage facilities, airports, railroads, reservoirs, and more as well as to acquire blighted real estate or demolish structures to make way for future development.