Kansas City PBS

Kansas City,
KS
(2022)

Kansas City PBS

Community

Financing supporting building renovations, equipment upgrades and expansion of educational and civic content for Kansas City PBS.

Investment

NMTC Amount: $12,000,000
Total Project Cost: $14,900,000

IMPACT

Improved facilities and infrastructure to support investigative journalism, focusing on civic issues unique to Kansas City and its residents.

CDEs

Enterprise Financial CDE

Investor

Trustmark

Project Description

Enterprise Bank & Trust is pleased to announce the closing of a finance agreement that will support $16.5 million in building renovations, equipment upgrades and expansion of educational and civic content for Kansas City PBS. To facilitate this deal, Enterprise allocated $12 million of its $60 million New Markets Tax Credits allotment awarded this past September. In addition to the allocation of the NMTC funds, Enterprise will serve as purchaser of the credits and will also provide more than $6 million in source and direct loans. Enterprise Financial CDE, LLC, the subsidiary of Enterprise Financial Services Corp, provides the NMTC allocation critical to financing for development projects and qualified businesses located in low-income and underserved communities.

MAP

Address: 25 East 31st Street, Kansas City, KS 64128

Census Tract: 29095017800

Other Missouri Projects

PACE KC Adult Wellness Center

Kansas City,
MO
(2022)

FQHCs, PACE

CDE(s): Central Bank of Kansas City, Legacy Economic Growth Fund

Missouri’s First PACE Facility Delivers Comprehensive Care to Low-Income Seniors in a Severely Distressed Community in Kansas City, MO.

Operation Food Search

St. Louis,
MO
(2024)

Community, Shelters and Community Food

CDE(s): St. Louis Development Corporation

The renovation will amplify Operation Food Search's programming and impact, benefiting 200,000 individuals monthly with essential food and services.

Norwood Real Estate Company

Norwood,
MO
(2019)

Business Development, Manufacturing, Rural

CDE(s): Business Valued Advisor Fund

The NMTC financed the acquisition and development of a new warehouse for Norwood Real Estate, an operating company for manufacturing detainment houses and complexes for jails and prison systems, as

Crossroads Charter Schools

Kansas City,
MO
(2015)

Community, Historic Rehabilitation, Schools

CDE(s): Enterprise Financial CDE, USBCDE

Crossroads Academy of Kansas City opened a second campus, Quality Hill, for 186 students in grades K-3 during the 2016-2017 school year and eventually serves 422 students in grades K-8.