Welcome to the Kansas City, Missouri Community Development CDE (KCMO CDE) website.
The KCMO CDE is a 501(c)(4) community development entity committed to creating opportunities in Kansas City's most economically 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 Seeking Applications for NMTC FinancingThe KCMO CDE is currently accepting proposals from operating companies, real estate development entities, and not-for-profit organizations seeking New Markets Tax Credit (NMTC) facilitated financing for eligible investment activity in qualified low-income census tracts in Kansas City, Missouri. The deadline to submit an application is 5pm CST on Friday, May 1, 2015. Visit the KCMO CDE's New Markets Tax Credit page for more information and to download an application.
KCMO CDE Closes on $10 Million NMTC Transaction
The KCMO CDE closed on its 12th NMTC transaction in September, partnering with Central Bank of Kansas City’s CDE to provide facilitated financing for the Linwood Area Ministry Place's (LAMP) historic rehabilitation of the former Linwood Boulevard Presbyterian Church located on southwest corner of Linwood Boulevard and Michigan Avenue. Located in a federally designated mental health professional shortage area, the $10 million redevelopment of the church and adjacent Harold Thomas Center will become the new home for ReDiscover, which is a nonprofit community mental health agency that offers a full spectrum of programs and services for people whose lives have been affected by serious mental illness and/or substance abuse. ReDiscover specifically helps men, women, and children who have limited income, no insurance or who are under-insured. This project was recently featured in an article in the Kansas City Business Journal.
To learn more about this project, visit our September Newsletter For specific questions about the NMTC Program, please contact the KCMO CDE’s Executive Director Ruben Alonso III at 816-216-1851, ext. 2 or email@example.com.
Workshop in Business Opportunities (WIBO)
The KCMO CDE is proud to be an Affiliate Partner of New York-based Workshop in Business Opportunities (WIBO). We offer the WIBO 16-Week Workshop, How to Build a Growing Profitable Business, to support the startup and growth of entrepreneurs from low-income and underserved communities. The WIBO 16-Week Workshop is held twice per year in the spring and fall.
The Workshop in Business Opportunities (WIBO) 16-Week Workshop: How to Build a Growing Profitable Business is for entrepreneurs currently running a business or who plan to open a specific business within one year. WIBO is comprehensive and rigorous, combining extensive curriculum, a supportive and interactive class format, the expertise of business owners and subject experts, guest speakers, and mentoring to offer participants a truly unique experience. Participants learn the skills and confidence necessary to start and manage all aspects of their own business. With a strong emphasis on marketing and financials, participants learn how to build a profitable business model.
Visit our WIBO webpage to learn more. If you are interested in this program or have any questions about the WIBO workshop, please contact Amanda Wilson at 816-216-1851 or email firstname.lastname@example.org.
The Community Capital Fund
- The Community Capital Fund was founded with an initial grant by the KCMO CDE in 2012 to support innovative and measurable community development in historically under-invested and under-resourced areas of Kansas City, Missouri. The CCF supports community development and neighborhood capacity building in Kansas City through thoughtful and targeted programming with the Neighborhood Opportunity Grant program and the Community Development Workshop to transform communities of distress into communities of opportunity. Visit the CCF website to learn more.