Cities and counties can purchase or construct certain types of projects, such as warehouses, distribution facilities, and industrial plants with bond proceeds to then lease or sell to a company.
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Our groundbreaking, Presidentially-recognized approach to college education trains students in high-demand fields while cutting the time it takes to earn a degree and reducing student debt. Learn more about how your local educational partnership can participate and advance learning in STEM.
No new authorizations or issuance of tax credits shall be made after December 31, 2018.
Have the next big idea in tech or innovation? This co-investment program provides early-stage capital to help startups leverage and attract private investments necessary to fund product development, commercialization, or to hire key staff to help your startup grow.
Provides a federal tax credit to investors for the construction, or acquisition and rehabilitation of an affordable housing development.
Support redevelopment of blighted areas into productive use.
Tax Increment Financing (TIF) is available to municipalities to encourage redevelopment of blighted areas. To establish TIF, the municipal governing body adopts a Redevelopment Plan (Plan), approved by the locally appointed TIF Commission.
Local Tax Increment Financing (Local TIF) permits the use of a portion of local property and sales taxes to assist funding the redevelopment of certain designated areas within your community. Areas eligible for Local TIF must contain property classified as a "Blighted", "Conservation" or an "Economic Development" area, or any combination thereof, as defined by Missouri Statutes.
The Marketing Matching Grant (MMG) program is designed to increase visitation and tourism spending in Missouri. Approved DMO media projects are reimbursed at 50% up to the approved application amount. The media buying leverage provided through media placement by the Division's ad agency, coupled with the match of state funds, provides meaningful financial incentive to participants and a significant economic benefit to the State of Missouri.
The Marketing Platform Development (MPD) is a 50/50 matching grant program for one-time marketing investments that will be utilized beyond the fiscal year of the initial investment. Eligible projects include those that provide for development, improvement or expansion of tourism marketing programs and products designed to increase tourism from outside the area for greater economic impact. Each year, MDT will develop a list of platform project opportunities available for the current fiscal year.
This program is an innovative method of financing (i) the acquisition, construction and equipping of qualified manufacturing production facilities and/or equipment, and (ii) refinancing outstanding tax-exempt bonds. The Tax-Exempt Program provides low interest rate loans to qualified borrowers through the issuance of tax-exempt revenue bonds by the Missouri Development Finance Board.