What is it like to work with Rural Development Partners (RDP) to finance a rural expansion through New Markets Tax Credits? We think this three-minute video and the short article below provide a unique perspective into NMTC financing that benefits organizations, communities, and workforce. Who is Rural Development Partners? Rural Development Partners’ mission is to forge public-private partnerships for catalytic …
Does My Company Qualify for New Markets Tax Credits?
Any company preparing for expansion must develop the right financing strategy. If your company is considering expansion in a low-income area, New Markets Tax Credits (NMTCs) may be a helpful tool. NMTC financing offers lower interest rates and more flexible terms than conventional financing and can help small companies expand while simultaneously supporting economic development in low-income communities. How do …
RDP Investments Respond to the Pandemic – Creating Resilient Communities in Times of Crisis
Rural Development Partners (RDP) works closely with New Market Tax Credit (NMTC) project stakeholders to manage risk and maximize impact. Led by team members with solid relationship lending experience, RDP has a strong track record of successful investments; however, some risks are clearly unpredictable – such as a global pandemic. RDP’s focused prioritization and underwriting process helps ensure that the …