Central Bank of Kansas City’s Impact...
...through the NMTC Program for JAKC
As a Community Development Financial Institution (CDFI), the CDFI Fund has awarded Central Bank of Kansas City numerous New Markets Tax Credit (NMTC) Allocations. To promote economic growth and community development, the NMTC Program offers private investors a credit on federal income taxes for contributing to projects that serve low-income communities. Junior Achievement of Greater Kansas City (JAKC) is one of the most recent businesses to benefit from the NMTC Program. It will soon unveil a groundbreaking, 22-000-square-foot educational facility just off W 47th Avenue and Mission Road.