EMPORIA, VA – Rural Development Partners (RDP) invested $12 million in New Markets Tax Credits (NMTC) to help Carolina Structural Systems (CSS) construct and equip a new manufacturing facility in rural Emporia, Virginia. Expansion of operations brings 58 new jobs, economic development, and growth to Virginia’s forest products sector. NMTC investor for the project is Regions. “Rural Development Partners is …
RDP Invests in Western Smokehouse Expansion to Mexico, Missouri
MEXICO, MO – Rural Development Partners awarded New Markets Tax Credit (NMTC) allocation to Western Smokehouse Partners (WSP) as they expand operations to Mexico, Missouri. The expansion will create 377 new jobs and spur much needed economic development. Other NMTC partners include Heartland Renaissance Fund, Mid-City Community, and Capital One (Investor). “Rural Development Partners is proud to partner with Western …
RDP Allocates $20 Million in NMTCs for New Great Plains Food Bank Facility
NORTH DAKOTA – Rural Development Partners awarded $20 million in New Markets Tax Credit (NMTC) allocation to Great Plains Food Bank to support construction of its future statewide distribution center in Fargo, North Dakota. Financing will help complete construction without delay while avoiding unnecessary strain on the food bank’s day-to-day operational resources. Other NMTC project partners include Chase New Markets …
RDP Allocates $20 Million in NMTC to Help PackEx Expedite Hurricane Recovery for Florida Community
Rural Development Partners allocated $20 million in New Markets Tax Credit (NMTC) financing to PackEx USA, an innovative start-up company in Marianna, Florida, inspired to address a critical gap in sustainable bottling while creating jobs and economic opportunity for a region devastated by hurricane. The financing is part of a larger NMTC package with River Gorge Capital ($12 million), HEDC …
New Aurora Food Bank of the Rockies Facility Optimizes Operations
On February 5th (2026), RDP’s NMTC Partner, Food Bank of the Rockies opened their new distribution center in Aurora, Colorado; financed in part with New Markets Tax Credits. The new facility has made a big difference toward improving operational efficiencies. Learn what workers and partner agencies are saying about the new facility… This story was first published by …
RDP Receives $90 Million NMTC Award, Boosting Economic Development for Rural America
Forest City, Iowa – Rural Development Partners (RDP) was honored to receive $90 million in New Markets Tax Credit (NMTC) allocation authority from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund). This is RDP’s fourteenth award totaling $906.7 million. RDP has helped more than 50 businesses & nonprofits lower borrowing costs, enhance liquidity, and create jobs …
Robot Dog Enhances SRTC Education at Tifton GA Campus
Rural Development Partners (RDP) and Coca-Cola Bottling UNITED (Tifton, GA) awarded a matching funds grant of $200,000 for workforce development initiatives at Southern Regional Technical College in Tifton, Georgia. $50,000 was allocated to equip the new Precision Manufacturing Lab through RDP’s “Community Investment Program” of which $35,000 funded a Robot Dog. Precision Manufacturing Lab – Robot Dog The Robot Dog …
RDP/Ariens Grant Brings Welding Program to Rural Tennessee
Rural Development Partners (RDP) and AriensCo (Fayetteville, TN) awarded a matching funds grant of $150,000 to spur workforce development initiatives in Lincoln County, Tennessee. $70,000 was allocated toward the implementation of a local welding program through RDP’s “Community Investment Program”. Welder Demand Lincoln County educators recognized a strong need for welders to fill the demand for local industry. Lincoln County …
NMTCs Solidify Alstom’s U.S. Hub – Breathing New Life into Rural America Community
Rural Development Partners (RDP) celebrates NMTC Partner Alstom as they open their newest Plant 4 operations to begin production of railcar shells in rural Hornell, New York. Alstom invested over $100 million in their Hornell facilities over the last five years, solidifying its position in the U.S. as a key manufacturing hub for commuter rail systems and a major employer …
Food Bank Dream Becoming a Reality
Great progress has been made on the new distribution center in Aurora (CO) as excitement builds for the positive impacts the facility will have for the entire state of Wyoming and northern region of Colorado. Food Bank of the Rockies has grown to become the largest hunger relief organization in the Rocky Mountain region as they serve more than 800 …
