How We Do It


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!