Historically, low-income communities experience a lack of investment, as evidenced by vacant commercial properties, outdated manufacturing facilities, and inadequate access to education and healthcare service providers. The New Market Tax Credit (NMTC) Program aims to break this cycle of disinvestment by attracting the private investment necessary to reinvigorate struggling local economies. The NMTC Program attracts private capital into low-income communities by permitting individual and corporate investors to receive a tax credit against their federal income tax in exchange for making equity investments in specialized financial intermediaries called Community Development Entities (CDEs). Since the inception of the NMTC program, Central Bank of Kansas City(CBKC) has received numerous NMTC awards since 2007. CBKC has closed financing for over 50 projects. The NMTC program allows CBKC to direct capital to underserved communities through financing high-impact, mission-focused projects. CBKC is an equal opportunity provider, FDIC Insured and an Equal Housing Lender.

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