Vision

Building a Vibrant Rural America


Mission

Revitalizing Rural America through partnerships with communities, businesses and all levels of government to create greater access to quality jobs, job training, healthy food, financing, education, essential services and amenities.

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Strategies

RDP will use its allocation of New Markets Tax Credits to:

  • Provide incentives for investment in rural businesses located in low-income and financially distressed rural communities.
  • Reduce interest rates and/or provide other preferential terms for credit provided to rural businesses located in low-income and financial distressed rural communities.

Focus

The focus of RDP is on operating businesses that create significant, high quality jobs that are accessible to Low-Income Persons (LIP) or residents of Low-Income Communities in rural, highly distressed areas. Preference will be given to manufacturing, distribution and processing businesses as well as businesses that serve rural food deserts with fresh and healthy foods.

RDP Core Competencies

RDP leverages its Core Competencies to create greater access to quality jobs, job training, healthy food, financing, education, essential services and amenities in distressed rural communities.

  • Building successful relationships with businesses, non-profits, communities and government
  • Connecting distressed rural communities with significant business expansions that are aligned with the communities’ needs and visions
  • Financial and impact underwriting that maximizes the potential of tax incentives
  • Asset management during the 7-year NMTC compliance period for over 30 projects and more than a half billion dollars of tax credit allocation
  • Business financing expertise: attracting bank and investor capital and successfully pairing with tax incentives, such as NMTCs
  • Sustaining momentum in the communities we serve by building a team of community partners to ask, answer and deliver on the question, “What’s next?”
  • Creating, measuring, and sharing impacts with stakeholders to inspire community-business partnerships and to advocate for wise public policies


Check out our FAQ and Blog to learn how RDP can help your business, non-profit or community find the right fit and start creating impacts!

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  • What is RDP?

    RDP is a Community Development Entity (CDE) with a mission to Revitalize Rural America through partnerships with communities, businesses, and government. 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 2018, RDP has won eight NMTC awards from the U.S. Treasury totaling $541.7 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 more than 30 businesses and communities across the nation restore vitality through projects that provide impact, momentum and hope. View our impact

    RDP seeks to serve and partner with businesses, non-profit organizations, communities and government entities that share its mission to increase access to quality jobs, job training, healthy food, financing, education, essential services and amenities within distressed rural communities. Business models that align well with RDP's revitalization mission include manufacturing, distribution and processing businesses, as well as organizations that serve rural food deserts with fresh and healthy foods. 

    Please explore the WhoWhy, What, How and Impact areas of the website to learn how RDP lives out its mission to Revitalize Rural America. 

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    Our Owners

    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.