Downtown Economic Stimulus Authority
DESA provides new state revenue to be redirected for “major initiative” projects to revitalize urban cores of cities and towns throughout Missouri and provide an economic stimulus for the Missouri economy.
Tax Increment Financing
Tax Increment Financing (TIF) is a financing and development tool that allows future real property taxes and other taxes generated by new development to pay for costs of construction of public infrastructure and other improvements. TIF encourages development of blighted, substandard and economically underutilized areas that would not be developed without public assistance.
