Community NAP credits aid neighborhood revitalization

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Gov. Bob Holden announced today that more than 100 community-based organizations throughout the state will receive nearly $14.9 million in state tax credits to help raise funds for projects that strengthen and revitalize Missouri neighborhoods. |ret||ret||tab|

These not-for-profit organizations, which focus on revitalizing neighborhoods and improving communities, will receive state tax credits through the Neighborhood Assistance Program administered by the Missouri Department of Economic Development. |ret||ret||tab|

The program aims to help not-for-profit organizations raise private-sector funds by providing partial state tax credits to businesses that make contributions to approved community improvement projects. |ret||ret||tab|

"The quality of life in our communities has become a more significant factor in 21st century economic development efforts," said Holden. "The Neighborhood Assistance Program provides an incentive for businesses to get involved in the betterment of Missouri communities." |ret||ret||tab|

Not-for-profit organizations participating in the NAP program provide services to help individuals in their community with crime prevention; education; job training; and physical revitalization; or provides community services such as counseling, day care, senior citizen centers, recreation, food, and transportation. |ret||ret||tab|

Businesses can donate cash; materials, supplies or equipment; technical assistance and professional services; labor; real estate; or stocks and bonds. |ret||ret||tab|

Statewide there were 104 organizations approved for NAP. These organizations will receive tax credits that will leverage approximately $30 million in private contributions. Credits can equal up to 50 percent of the total amount contributed, or up to 70 percent for projects located in most rural areas. |ret||ret||tab|

Local organizations receiving NAP credits include:|ret||ret||tab|

Downtown Branson Main Street Association, Branson, $128,791|ret||ret||tab|

Hiding Place Ministry Inc., Branson, $12,600|ret||ret||tab|

Christian Associates of Table Rock Lake, Kimberling City, $122,648|ret||ret||tab|

1st Kids, Marshfield, $12,460|ret||ret||tab|

Big Brothers Big Sisters of The Ozarks, Springfield, $12,393|ret||ret||tab|

Boys & Girls Club Of Springfield Inc., Springfield, $249,922|ret||ret||tab|

Discovery Center Of Springfield, Springfield, $250,000|ret||ret||tab|

Legal Services Of Southern Missouri, Springfield, $78,858|ret||ret||tab|

NAMI Of Southwest Missouri Inc., Springfield, $29,104|ret||ret||tab|

Ozarks Area Community Action Corporation, Springfield, $60,000|ret||ret||tab|

Ozarks Literacy Council, Springfield, $69,030|ret||ret||tab|

Parenting Life Skills Center, Springfield, $60,000|ret||ret||tab|

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