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 build public-private partnerships for catalytic job growth in rural America through the following strategies: 

  1. Creating high quality jobs in low-income communities (LICs) through New Markets Tax Credits;
  2. Inducing additional supply chain investment and private capital investment in LICs;
  3. Making quality jobs more accessible to low-income persons (LIPs) by building workforce capacity in rural low-income communities;
  4. Helping LIPs thrive in quality jobs by increasing access to healthy foods for low-income / low-access rural residents.