The city of Kansas City, Missouri, yesterday announced that it is soon to launch a new program aimed at offering micro loans to local artists. The program is a collaboration between the Economic Development Corporation and AdvanceKC. Justine Petersen — an organization that has awarded more than $1.8 million in micro loans to 154 small businesses in Kansas City since 2012, half of them to businesses east of Troost — will administer the loans, which will be leveraged with Community Development Financial Institution (CDFI) funds...

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