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.
Projects approved for Round 2 will have a start date of January 1, 2018, regardless of the announcement and notification date of approved projects.
While many types of projects qualify for the Neighborhood Assistance Program, the Department of Economic Development recognizes as its key priority:
- Highly capable, qualified non-profits who focus their efforts on awareness, education, treatment and reduction of opioid misuse to targeted audiences.
Priority consideration may also be given to organizations implementing:
- Job training projects that support the development of a well-trained, well-educated workforce, address the gap between available jobs and qualified workers, align training programs to the needs of the community and its businesses, and/or focus on some level of postsecondary job training; and/or,
- Innovative programs or projects that facilitate the transition to the workplace and community of military service members. Projects should address the range of challenges veterans face in reintegrating to civilian life following return from a combat deployment, including but not limited to: finding employment, transitioning back to work and family life, posttraumatic stress disorder (PTSD), depression, or substance abuse.
Businesses only - individuals who operate a sole proprietorship, operate a farm, have rental property or have royalty income are also eligible, as well as a shareholder in an S-corporation, a partner in a Partnership or a member of a Limited Liability Corporation.
The Department of Economic Development (DED) will issue 50% or 70% tax credits to an eligible taxpayer who makes a qualified contribution to an approved Neighborhood Assistance Program (NAP) project.
- Not-for-profit corporations organized under Chapter 355, RSMo;
- Organizations holding a 501(c)(3) ruling from the IRS; and
- Missouri businesses.