NAP Grants Announced For Community Development Projects

The Missouri Department of Economic Development announced 30 recipients of Neighborhood Assistance Program grants for statewide community development projects. The 30 awards represent $6 million of 50% and 70% tax credits that are, in turn, directed to community development projects.

One of the recipients chosen for $125,000 is the Second Harvest Community Food Bank. The funding is intended to assist the food bank’s Mobile Food Pantry, Children’s Initiative, Backpack Buddies, and Campus Cupboard programs.

The North Central Missouri Business Facilitation in Chillicothe was also chosen for just over $53,000 in Neighborhood Assistance Program donations for free business consultation services to entrepreneurs and small business owners in their six-county service area.

A total of up to $16 million are awarded through NAP annually, with projects limited to $250,000 in 50% tax credits and $350,000 in 70% tax credits.