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Agencies affiliated with the EDC operate under the EDC’s management and facilities
TIF is a development tool that allows a portion of both future real property taxes and economic activity taxes to pay for some costs of the projects that would not be feasible without TIF assistance.
LCRA removes blight and encourages redevelopment within designated urban renewal areas by providing property tax abatements, issuing bonds and assisting with land assembly.
EEZ provide incentives such as state tax credits and local tax abatement to businesses that locate or grow their operations within a defined geographical area.
DESA allocates new state revenue to be redirected for projects and revitalizes the urban core to provide a stimulus for the Missouri economy.
- Spotlight on Ed Ford, City Councilman and EDC Board MemberBy EDCKC Staff on May 16, 2013