The EDC coordinates Kansas City’s statutory redevelopment agencies, as well as the EDC Loan Corporation. Our staff has direct access and in-depth understanding of incentives and loans, and we work closely with the state of Missouri to package incentive proposals targeted to the needs of individual businesses.
Click the links below to learn more about incentive programs in Kansas City, Missouri. Then contact us to discuss which programs may be available and appropriate for your business or project.
Tax Credits
Tax Credits are available through the following programs for eligible businesses: Enhanced Enterprise Zone (EEZ) Tax Credits, Federal New Market Tax Credits (NMTC), Historic Tax Credits, Missouri Development Finance Board Tax Credits for Contribution, Rebuilding Communities Tax Credit Programs, and the Quality Jobs Program.
Tax Abatement
Learn about Enhanced Enterprise Zone (EEZ) Local Property Tax Abatement, Chapter 353 Tax Abatement, and Land Clearance for Redevelopment Authority (LCRA) Property Tax Abatement.
Project Financing
The EDC Loan Corporation provides direct financing through the Small Business Administration (SBA) 504 loan program, EDC Revolving Loan Program, Brownfield’s Cleanup Revolving Loan Fund, River Market Loan Fund, Neighborhood Commercial Revolving Loan Fund, and bond programs.
Workforce Programs
Reimbursements for training costs are available to some businesses through the Missouri Customized Training Program and the New Jobs Training Program.
Tax Redirection
The Downtown Economic Stimulus Authority (DESA) and Tax Increment Financing (TIF) Commission offer tax redirection for qualifying projects.
Sales Tax Exemption
Sales and use tax exemptions are available to some businesses for industrial machinery and equipment, industrial fuels and raw materials, and pollution-control equipment.
