Department awards $17.7 million through NAP and YOP Special Cycle

The Department of Economic Development announced today that it will award $17.7 million in 50% and 70% tax credits through its Neighborhood Assistance Program (NAP) and Youth Opportunities Program (YOP) Special Cycle to 104 nonprofits across Missouri. The NAP and YOP Special Cycle was created to assist nonprofits and other entities providing services to at-risk populations, prioritizing those serving opportunity youth. COVID-19 has had a massive impact on mental health for all citizens, including children. Anxiety, stress, and other negative conditions have been on the rise, and these organizations provide resources and services that help children deal with these issues.Up to $8 million of NAP tax credits and $6 million of YOP tax credits were reserved for nonprofit organizations and other entities providing critical services to at-risk youth. Additional NAP and YOP credits were made available for nonprofits addressing other pressing community needs with priority for job training programs and services directly resulting in crime prevention.The NAP and YOP Special Cycle was created to assist nonprofits and other entities providing services to at-risk populations, prioritizing those serving opportunity youth. COVID-19 has had a massive impact on mental health for all citizens, including children. Anxiety, stress, and other negative conditions have been on the rise, and these organizations provide resources and services that help children deal with these issues.Up to $8 million of NAP tax credits and $6 million of YOP tax credits were reserved for nonprofit organizations and other entities providing critical services to at-risk youth. Additional NAP and YOP credits were made available for nonprofits addressing other pressing community needs with priority for job training programs and services directly resulting in crime prevention.

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