EDC Agencies
The EDC is Kansas City’s primary economic development organization. The following affiliated agencies, established by statute, ordinance or contract, operate under the EDC’s management and facilities.
Downtown Economic Stimulus Authority
DESA allocates new state revenue to be redirected for projects and revitalizes the urban core to provide a stimulus for the Missouri economy.
Enhanced Enterprise Zone Boards
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.
Land Clearance for Redevelopment Authority
LCRA removes blight and encourages redevelopment within designated urban renewal areas by providing property tax abatements, issuing bonds and assisting with land assembly.
Tax Increment Financing Commission
TIF is a development tool that allows both future real property taxes and economic activity taxes to pay for projects that could not be developed without TIF assistance.
EDC Affliate Agencies
Industrial Development Authority
IDA issues tax-exempt Industrial Revenue Bonds to finance new or expanded manufacturing facilities.
Planned Industrial Expansion Authority
PIEA fosters commercial and industrial development in specifically designated redevelopment areas.
Primary Partners
We work closely with these key partners, along with a wide variety of agencies and organizations, to promote economic development and strengthen the business community in Kansas City, Missouri.
City of Kansas City, Missouri
The EDC supports the city in promoting economic development by providing customized assistance to businesses and developers.
Civic Council of Greater Kansas City
More than 80 executives representing the region’s major employers belong to this CEO-led, research-based organization. Priorities include: early, K-12 and higher education; urban core development; mechanisms for regional cooperation; and job growth through the life sciences.
Downtown Council of Kansas City
The Downtown Council marshals the city’s leaders – business, civic, philanthropic and political – to lead the ongoing renaissance in downtown Kansas City, Missouri, to make it vibrant, diverse, and economically sustainable.
Greater Kansas City Chamber of Commerce
More than 2,500 businesses, civic organizations and nonprofits from across the metro area belong to the Chamber, which provides leadership to build a vibrant and prosperous regional community. The Chamber also assists its members in becoming smarter, more visible, and better connected.
Kansas City Area Development Council
KCADC represents the economic interests of the entire two-state, 18-county region of Greater Kansas City. Its mission includes branding the region as one product to stimulate economic growth, enhancing awareness of the metro’s assets, promoting the region as the business location of choice, and assisting companies from outside the region to find the best location for their needs.
