Local Governments

The Missouri Linked Deposit Program partners with lending institutions to provide low-interest loans to help create and retain jobs, expand the economy and strengthen communities statewide.

The Missouri Linked Deposit Program for Local Governments provides low-interest loans to cities, counties and other political subdivisions for capital improvements or other significant public programs such as:

• Purchasing fire trucks;
• Improving infrastructure; or
• Enhancing public safety.

Eligibility

• A political subdivision as defined by Missouri Revised Statues (i.e., a local governmental agency with taxing authority).
• Has received necessary approval from governing board to initiate project.
• Is legally authorized to enter into a loan with a banking institution for project.
• All necessary permits related to the project have been obtained.
• The project complies with all applicable federal and state laws and regulations.