Rural Development Partners (Forest City, IA) and NMTC partner Audubon Metals (Corsicana, TX) awarded a matching funds grant of $140,000 to strengthen workforce development in the Corsicana region. Workforce development is one of the primary challenges companies and communities face today. As manufacturing processes continue to evolve through advances in technology, the importance of a trained and skilled workforce is …
$150,000 Grant Awarded to Barnwell County (SC)
Rural Development Partners (Forest City, IA) and NMTC partner Cascades f/k/a Orchids Paper (Barnwell, SC) awarded a matching funds grant of $150K toward workforce development and community initiatives in Barnwell County, a region dominated by manufacturing, agriculture, and service industries. SouthernCarolina Alliance Barnwell is one of seven counties represented by the SouthernCarolina Alliance, a regional nonprofit organization providing economic development, marketing, and recruitment in the …
Quality Jobs and Economic Opportunities for Farmers & Atmore, AL
Atmore, AL – Rural Development Partners (RDP) is honored to partner with Coastal Growers LLC to provide New Markets Tax Credits (NMTCs) for a new peanut shelling facility in rural Alabama. The new operation will create 130 quality jobs at the plant, 125 new farmer-supported jobs, 95 constructions jobs, and economic opportunities to stabilize the region. The project will allow …
RDP Partners with Audubon Metals to Bring Quality Jobs to Corsicana, TX
Corsicana, TX – Rural Development Partners (RDP) is proud to partner with Audubon Metals Texas LLC to help expand the company and bring quality jobs to Corsicana, TX using New Market Tax Credits (NMTCs). Audubon Metals is a manufacturing facility that recycles Zorba (automobile residue) for production of secondary aluminum alloys for die castings. The new 157,970 SF facility will …
NMTC Financing with Rural Development Partners
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 …
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 …
