Family Development Account Tax Credit Program Grant
Missouri Department of Economic Development
Funding Amount
Up to US $100,000 in in-kind support
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Not eligible / not funded
- Not eligible: Ch. 143 – Income tax, excluding withholding taxCh. 147 – Corporate franchise taxCh. 148 – Bank Tax, Insurance Premium Tax, Other Financial Institution TaxCh. 153 – Express Companies Tax
Overview
The Family Development Account Tax Credit Program, managed by the Missouri Department of Economic Development, provides essential financing for community organizations to support low-income families in matched savings initiatives. These initiatives empower families to save for education, homeownership, renovations, or small business ventures.
Community-based organizations can access financing to administer a family Development Account project to help low-income residents participate in matched savings programs. These savings programs will help families in your community pay for school, purchase a new house, make home improvements, or start up a small business.
Program Benefits/Eligible Uses
This tax credit can be applied to:
Ch. 143 – Income tax, excluding withholding taxCh. 147 – Corporate franchise taxCh. 148 – Bank Tax, Insurance Premium Tax, Other Financial Institution TaxCh. 153 – Express Companies Tax
This credit has no special attributes. It must be applied to tax liability for the year it was earned.
Focus Areas & Funding Uses
Fields of Work
- Economic services
- Poverty alleviation
- Nonprofits
Categories
Browse similar grants by category
Related Grants
Open grants from this funder and similar programs
Historic Preservation Tax Credit Program (HTC) - Large Projects Grant
Missouri Department of Economic Development
Amount
More than US $275,000
Deadline
Deadline not published
CDBG: Economic Development Grant - Downtown Revitalization
Missouri Department of Economic Development
Amount
Up to US $750,000
Deadline
Deadline not published
Historic Preservation Tax Credit Program (HTC) - Small Projects Grant
Missouri Department of Economic Development
Amount
Up to US $275,000
Deadline
Deadline not published
Youth Opportunities Program Grant
Missouri Department of Economic Development
Amount
Unspecified amount in in-kind support
Deadline
Deadline not published
Neighborhood Assistance Program Grant
Missouri Department of Economic Development
Amount
Up to US $500,000 in in-kind support
Deadline
Deadline not published
CDBG: Economic Development Grant - Industrial Infrastructure
Missouri Department of Economic Development
Amount
Up to US $2,000,000
Deadline
Deadline not published
Ready to apply for Family Development Account Tax Credit Program Grant?
Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.
You found Family Development Account Tax Credit Program Grant. Now let's win it.