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 …

Public-Private Partnership Grant Awarded to Pride of Atmore

Atmore, AL Rural Development Partners (RDP), together with Coastal Growers LLC, is pleased to announce a $150,000 jointly funded grant to Pride of Atmore through RDP’s Community Investment Program. This $3.3 million project involves restoration of the historic Strand Theatre, an iconic landmark established in 1921, serving as an anchor for the community for nearly a century. A music studio …