Kansas City Missouri CDE
community development entityWhat is the Kansas City Missouri CDE?
The KCMO CDE is a Missouri non-profit community development entity committed to creating opportunities in Kansas City’s most distressed communities. Whether it is providing financing to a business or catalytic development project through the New Markets Tax Credit (NMTC) program, financing property improvements through its façade improvement loan program, supporting microlending to start-up and small businesses, or helping to deliver services and resources to small business owners and residents of low income communities (LICs) through its many strategic partners, the KCMO CDE is dedicated to promoting and supporting innovative, targeted and collaborative economic and community development initiatives to help build and grow vibrant, sustainable and prosperous communities throughout Kansas City, Missouri.
KCMO CDE AWARDED $45 MILLION IN NEW MARKETS TAX CREDITS
The CDFI Fund of the US Department of the Treasury has awarded the KCMO CDE $45 million in NMTC allocation authority under the 2012 funding round. This is the KCMO CDE’s third allocation award since 2008. The new allocation will allow the KCMO CDE to continue to provide flexible financing to support job creating business investments and catalytic real estate development projects in Kansas City’s most distressed communities. For a description of business and projects for which the KCMO CDE has facilitated financing with its previous allocation of NMTC, go to: KCMO CDE Project Portfolio .
WORKSHOP IN BUSINESS OPPORTUNITIES (WIBO)
This February, the KCMO CDE will welcome the second cohort of participants to its Workshop in Business Opportunities (WIBO) program.
The WIBO 16-Week Workshop, How to Build a Growing Profitable Business, is for people who are currently operating or plan to start a business. Our objective is to help participants start and build a successful business that contributes to financial empowerment and job creation for them, their family, and their community.
The WIBO 16-Week Workshop is a three-hour workshop, held once a week in the evening. The workshop runs February through June 2014, and again September through January 2015.