For approved construction projects, building materials financed with locally-issued Chapter 100 IDBs used directly in the construction process may be exempt from state sales tax based upon approval of the municipality.
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Program Lookup
Municipalities may encourage redevelopment of blighted areas by providing real property tax abatement for approved projects through an Urban Redevelopment Corporation (URC).
As a means to develop or redevelop areas identified by the port authority board of commissioners, this program establishes the Port Authority AIM Zone Fund consisting of 50% of the state withholding tax from new jobs within the zone after development or redevelopment has begun.
Helps communities meet low-income housing needs by providing tax credits to non-profit, community-based organizations for the purpose of providing affordable housing assistance activities or market rate housing in distressed communities.
This program helps provide funding to local organizations, such as convention and visitors bureaus, to help attract sporting events to this state. Donors can make contributions to the organizations and receive a tax credit.
This program provides local community organizations incentives to help those organizations secure location of amateur sporting events in their communities.
The Missouri Community Service Commission (MCSC) provides grants to eligible organizations interested in operating AmeriCorps programs, an initiative that helps strengthen local communities through national service. Eligible organizations include public or private nonprofit organizations, faith-based organizations, educational institutions, and state or local government entities.
The Commission works hand in hand with the Corporation for National and Community Service in Washington to bring National Service and volunteer opportunities to all citizens through projects ranging from tutoring, youth mentoring, public safety, housing rehabilitation, health care, environmental issues, and disaster relief. Learn more about how to get involved in your community.
As a means to redevelop contaminated commercial/industrial sites, this program provides financial benefits for remediation purposes. These projects must result in the creation of at least 10 new jobs or the retention of 25 jobs.
To help companies embark on major investment and job creation expansions, provides low-interest loans to qualified borrowers through the issuance of tax-exempt revenue bonds for the acquisition, construction, and equipping of qualified manufacturing production facilities and/or equipment.
New or existing Missouri companies looking to embark on locating or expanding their headquarters in the state may be able to access incentives based on the number of news jobs and investment associated with the project.
We're here to do more than help you fill a position. Workforce Coordinators are located around the state to work with you at no cost to ensure you find the right person for the job. Let us help increase your hiring success and connect with regional and statewide resources to meet your workforce needs and make your business more successful.
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.
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.
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."
Financing that helps communities develop cultural facilities such as museums and recreational buildings for charitable organizations. The program can be used to acquire land, purchase equipment, construct a building, fund architectural and engineering needs, and make improvements to existing facilities.
The purpose of the program is to incentivize the location and expansion of data centers in the State of Missouri by providing an exemption, for a period of time, of the sales and use taxes associated with a variety of activities necessary to build a new facility or expand an existing facility.
Applications are accepted year round.
- To develop the transportation infrastructure of the region for the purpose of facilitating economic development in the region;
- To assist the region in obtaining the job training, employment-related education, and business development (with an emphasis on entrepreneurship) that are needed to build and maintain strong local economies;
- To provide assistance to severely distressed and underdeveloped areas that lack financial resources for improving basic public services;
Improve the cultural heartbeat of your community by redeveloping your downtown. Re-polish those blighted Main Streets and Broadways that help define your town and reinvigorate tourism.
Applications are accepted year round.
To help alleviate unemployment and economic distress resulting from business closings or cutbacks; and to facilitate the creation of new jobs to replace those lost.
To help alleviate unemployment and economic distress resulting from business closings or cutbacks; and to facilitate the creation of new jobs to replace those lost.
The department has certification requirements and guidelines for energy auditors and is accepting applications from Missouri individuals who want to be qualified to conduct audits under this new program. Certification of home energy auditors was included in the new law to help insure that residents are getting the most up-to-date advice and financially beneficial recommendations on methods to reduce their energy consumption.
Your community (local government, public hospitals, schools, etc) can embark on energy-savings projects that will pay for themselves while achieving greater sustainability. Whether it’s to upgrade the lighting in City Hall or replace a dated and inefficient heating and cooling system at the elementary school, our programs and tips will put you on the path to saving energy and money today.
Businesses with an existing award of tax credits through the Enhanced Enterprise Zone program seeking to gain access to those benefits should submit the Annual Tax Credit Application to the department no later than the end of the tax year immediately following the tax year for which they are seeking benefits.
Enhanced Enterprise Zones (EEZ) may be created by communities to encourage job creation in a blighted area. Communities with designated zones can offer expanding businesses within those zones local incentives as well as connect them with state incentives through the Missouri Works program (Zone Works category).
No new authorizations may be made for this program. The Enterprise Zone program was replaced by the Enhanced Enterprise Zone (EEZ) program (view a full list of Missouri's EEZs). Enterprise Zone designations are expected to expire as the duration is not to exceed 25 years. Projects with previous authorizations may complete their projects and may still achieve the program benefits subject to the program rules and any terms and conditions of their original award.
Targeted at increasing homegrown production of ethanol and biodiesel, the five year incentive programs provide grants to producers that are at least fifty-one percent owned by agriculture producers actively engaged in commercial production. Incentives include a payment of 20 to 30 cents per gallon.
Community-based organizations can access financing to administer a family Development Account project to help low-income residents participate in matched savings programs. These savings programs will help families in your community pay for school, purchase a new house, make home improvements, or start up a small business.
The Film Commission attracts film, television, video and cable productions to Missouri, and to promote the growth of the film and video production industry within Missouri. The Commission operates a full-service office devoted to saving filmmakers time, effort and money in arranging a shoot.
The H-2B Foreign Labor Certification Non-Agricultural program allows employers to bring foreign non-immigrant workers to the United States to fill temporary, non-agricultural jobs.
Connect with customers around the globe! By accessing financial assistance, you can participate in trade shows and missions and market your products to a worldwide audience.
To provide financial assistance and access to capital businesses and nonprofits directly impacted by flooding or tornados, located in disaster areas in the State.
Facilitate the funding of an expansion project that would be unlikely to occur without the Grow Missouri Loan in order to create or retain full-time jobs for targeted businesses.
Preserving our state’s history and culture is vital to growing the economy and attracting talent. This program incentivizes developers to maintain the integrity of our historic buildings, giving them new life.
The federally funded HOME program provides a financing source for several eligible activities that increase the supply of affordable housing for low and very low income persons. One of these activities is the acquisition and rehabilitation or new construction of rental housing. As HOME Administrator for the State of Missouri, MHDC uses a portion of its annual HOME allocation to finance rental production at a very low interest rate, which results in rents that are affordable to low income families.
Community action agencies, regional planning commissions, municipalities and nonprofit organizations can help low and moderate income homeowners in non-metropolitan areas make home repairs, modifications and other maintenance.
The Missouri Housing Development Commission (MHDC) provides assistance to very low-income Missourians.
Applicants must be a nonprofit, or for-profit corporation or partnership entity formed pursuant to applicable Missouri law, must be an entity in good standing with the state of Missouri and provide housing or housing services. MHDC Fund Balance monies will not be awarded to individuals.
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.
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.
