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Missouri

State Fact Sheet

Community Testimonials​

The NMTC program was critical to our success in building a new YMCA building to serve our community. Our new building, which will open Jan 1, 2020, will enable us to serve our community much better, supporting a variety of programs and serving many more members than we could before. The NMTC program allowed us to build our new facility. Our new facility will enable us to survive as an organization.

-Brendan Leonard, CFO, Greater Burlington YMCA, Burlington, Vermont

The Appalachian Region encompasses 423 counties in 13 states. It has the highest concentrations of economically distressed counties in the nation; 25 of the 100 poorest counties and 106 Persistent Poverty Counties (28% of all PPCs in the U.S.) are located here. Of the region’s 25.6 million residents, 42% are rural compared to 20% nationally; 19% are people of color. NMTCs are important economic development tools for regions like Appalachia. The public- private partnerships are critical for supporting redevelopment projects, helping to create/retain jobs, and revitalizing highly distressed communities. To have the greatest impact and to ensure sustainability of projects, the tax credits need to be made permanent.

-Donna Gambrell, Appalachian Community Capital, Christiansburg, Virginia

Missouri Project Profiles

2021

Richmond, VA | 4th District

NMTC financing helped a Richmond manufacturer expand its capacity and create more jobs….