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 …
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 …
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 …
RDP Allocates $20MM in NMTCs to Bring Quality Jobs to Tifton, GA
Tifton, GA – Rural Development Partners (RDP) partnered with Coca-Cola Bottling Company United, Inc. to equip a new state of the art facility and bring quality jobs to Tifton, GA. Coca-Cola UNITED is engaged in the production, marketing and distribution of a diverse portfolio of leading sparkling (Coca-Cola®, Diet Coke®, Coke Zero Sugar®, Dr Pepper®, Sprite®, Fanta® and AHA®) and …
Rural Development Partners Welcomes Debra Shoaf to Advisory Board
(Forest City, IA) November 9, 2020: Rural Development Partners is pleased to welcome Debra Shoaf to its New Markets Tax Credit (NMTC) Advisory Board. Debra oversees the finance, risk management, and real estate functions for Atlanta Community Food Bank. The Food Bank is a $160MM+/year organization that is on target to procure and distribute over 100 million pounds of food …
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 …
