Vision
Quality Job Access for Rural America
Forging Public-Private Partnerships for Catalytic Job Growth in Rural America
Rural Development Partners (RDP) leverages its Core Competencies to build public-private partnerships for catalytic job growth in rural America through the following strategies:
Rural Development Partners (RDP) uses its Core Values to find solutions to navigate the complex challenges of the NMTC industry:
WHYwe exist
HOWwe do it
WHATwe do
WHOwe are
As a CDE with a national service area, RDP is eligible to apply for an annual allocation of Federal New Markets Tax Credits (NMTCs). From 2004 through 2022, RDP has won eleven NMTC awards from the U.S. Treasury totaling $701.7 million. RDP works to combine NMTCs with bank loans and tax credit investor funds to create more favorable financing solutions than are available through conventional lending and investing. To date, RDP has used NMTC financing to help 47 businesses and nonprofits across the nation complete projects that provide access to quality jobs and healthy foods. View our Impact
RDP seeks to serve and partner with businesses, non-profit organizations, communities, and government entities that share its mission to build public-private partnerships for catalytic job growth in rural America.
To learn more about partnering with RDP, check out the RDP Lead Guide.
RDP is a Community Development Entity (CDE) with a mission to Revitalize Rural America through partnerships with communities, businesses, and government (see About). RDP is owned by Ag Ventures Alliance (AgVA) and AgVA Foundation www.agventuresalliance.com.
In 1998, a group of farmers and others who cared about the future of agriculture formed AgVA as a cooperative to create and sustain value-added agriculture businesses. AgVA Foundation donates and provides grants to individuals and organizations working to promote agriculture and ag business.
AgVA saw NMTCs as an opportunity to serve a rural mission parallel to its own. From this opportunity, RDP was formed in 2004 to serve the mission of Revitalizing Rural America. RDP distributes earnings beyond its operational needs to AgVA and AgVA Foundation, and these two entities reinvest or donate to further value-added ag businesses in America.