FAQ

RDP is a Community Development Entity (CDE) with a mission to Revitalize Rural America through partnerships with communities, businesses, and government. As a CDE, RDP is eligible to apply for an annual allocation of Federal New Markets Tax Credits (NMTCs). The U.S. Treasury has awarded an allocation of NMTCs to RDP eight times from 2004 to 2018, 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 nonprofits across the nation complete projects that provide impact, momentum and hope for a more vibrant Rural America.

RDP’s service area is national; geography is not a limitation. RDP will consider participating in any project that improves access to jobs, job training, healthy food or other needed services or amenities in distressed regions of Rural America.  RDP has even funded metro projects that had significant impacts on nearby rural areas.  

Determining if your project or community is eligible can be somewhat complex, but we would be happy to help you. First, we would encourage you to click on the on the eligibility map. This will tell you if your project or community is situated in an area where NMTCs can help. If so, please contact us with some basic information about your project.

Our Mission and Vision focus on creating positive and profound impacts for people and communities that need it. We work with top-notch partners who understand the needs to be met and the resources available to make great things happen.

·      Community Improvement Plans:  RDP translates today’s win into tomorrow’s springboard.  RDP uses CIPs to help communities maximize the benefits of tax-incented business investments to keep the momentum going!

·      Opportunity Zones: RDP is actively developing strategies to leverage O-Zones for RDP’s client-partners.

·      Financing:  RDP has the business financing expertise and lender relationships to help businesses obtain access to the capital needed to invest in the growth of the low-income community.

·      Consulting:  RDP helps projects and communities through all the stages of a successful, tax-incentive driven project.  Whether we end up providing contracted services or simply listen and point you in the right direction, we’re here to help.  Contact Us!

     According to the CDFI Fund, from the years 2000 to 2016, every $1 invested in the NMTC Program by the Federal government has generated over $8 of private investment.  See the CDFI’s 2018 NMTC Fact Sheet to learn how businesses and communities benefit from the Program.