Adairsville, GA – Rural Development Partners allocated $7MM in New Markets Tax Credits to help Momeni, an importer of high quality Persian rugs construct, equip, and operate a new 300,000 SF distribution center in rural Adairsville (GA). The facility serves as the centralized import and distribution hub for their expanded customer base in the Southeast, creating 80 new jobs, retaining …
Coca-Cola Bottling UNITED
Tifton, GA – Rural Development Partners allocated $20 million in New Markets Tax Credits to family-owned business, Coca-Cola Bottling UNITED, expediting expansion of their operation to a worthy, supportive community deserving of opportunity. With NMTCs the company was able to begin operations in 2021 rather than 2023, creating 240 permanent full-time jobs, and spurring economic growth for the region. Coca-Cola …
Atlanta Community Food Bank
East Point, GA – RDP partnered with The Reinvestment Fund, Kroger, and PNC Bank to provide the Food Bank $46MM in New Markets Tax Credit Financing to construct and operate a new 345,000 SF warehouse and distribution facility in East Point, GA. The new facility will allow the Food Bank to double its distribution of food to those in need. The …
Food Bank of Northeast Georgia
Athens, GA – The Food Bank of Northeast Georgia was founded in 1992 in an effort to end hunger in northeast Georgia. The Food Bank’s 14‐county service area (5 metro, 9 non‐metro) has an annual meal gap of 18 million lbs (14 million meals), of which it fills 12 million lbs. New Markets Tax Credits from Rural Development Partners is …
