New Market Tax Credit Instrumental in Expansion of Pennsylvania Food Bank

Forest City, IA  Rural Development Partners (RDP) is pleased to announce their partnership with Greater Pittsburgh Community Food Bank (GPCFB) to expand healthy food distribution in the 11-county area they serve. RDP will allocate $16 million of New Market Tax Credits (NMTC) to renovate and expand the Duquesne, Pennsylvania Food Bank; serving as headquarters to more than 400 partner agencies …

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

Atlanta Community Food Bank

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 …