calculator as of 05/02/2018
Amount raised: $7,100
City Sales Tax Rev: $50,000
Available NAP TAX Credits: $350,000
Balance needed: $542,900
(Older Adults Keep Serving)
AGING MATTERS was awarded the NAP Tax Credit grant in 2018. Once all $350,000 credits are sold, the funding for the remodel will be $500,000.
(L) Photo is where dining hall will be. Tables in area can be seen on plans below.
It has been a long journey, but after two years and two elections, we are finally starting to see the light of progress. However, journey is far from completed.
The demolition of the interior of the building has started with the funds from the Kennett City Sales Tax that was passed last year.
In July, the Department of Economic Development awarded Aging Matters the Neighborhood Assistance Program Tax Credit Grant for the remodeling of the Kennett OAKS Senior center.
The grant will provide $500,000 in funding with a 70 percent state tax credit that will equal $350,000. However, all of these credits must be sold.