State Sen. Jeff Smith (D-St. Louis) today announced that the Board for Inner City Missions of the UCC Metro St. Louis, commonly known as Neighborhood Houses, has been approved to receive $182,925 in state tax credits.
From the press release:
The credits, in conjunction with funds raised in a capital campaign launched by the group, will help make possible the renovation of Dignity House in order to provide added after-school programming and other services to disadvantaged young people in the community.“Dignity House, along with the two other two community centers under the Neighborhood Houses umbrella, serve as important resources to men, women and children looking to improve their conditions and brighten their futures,†Sen. Smith said. “From housing to health; exercise to education, Neighborhood Houses been here for working families for nearly 100 years and, under its continued dynamic and innovative leadership, will continue to be a positive part of the community landscape for generations to come.â€
The nearly $200,000 in tax credits stem from the Neighborhood Assistance Program administered by Missouri’s Department of Economic Development.
October 3rd, 2007 at 4:50 pm
What does a not-for-profit, which does not pay taxes, do with tax credits?
October 4th, 2007 at 3:44 pm
Even better, is Smith claiming that these tax credits were received because of him? Anything to make us forget that he’s a criminal! Good try law breaker!