Momeni & Sons, Inc.

Adairsville, GA – RDP 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 Adairsville (GA). The facility will serve as the centralized import and distribution hub for their expanded customer base in the Southeast, creating 98 quality jobs, many indirect jobs, …

Alstom

Hornell (NY) – RDP allocated $10MM in NMTCs to help Alstom expand their specialized manufacturing equipment line to rural America, and continue investing in Hornell (NY) as a key long-term U.S. railcar manufacturing hub. This project will create 258 quality jobs, retain 390, and generate 50 construction jobs in a rural community ready for growth. Alstom’s new build will encompass …

Freestore Foodbank

Cincinnati (OH) – RDP allocated $15 million in NMTCs to fill the funding gap for Freestore Foodbank (FSFB), expanding the capacity and efficiency of their distribution center as they fight food insecurity in a 20-county tri-state region. The new 224,000 SF community resource and distribution center will increase the ability to ship and store food and enable the foodbank to …

Delco Trailers, Ltd.

Paris, TX – RDP allocated $18MM in NMTCs to help Delco Trailers construct a new 550,000 SF trailer manufacturing facility. The new facility is expected to create 300 quality jobs, retain 115, and provide workforce development initiatives that will enhance opportunities for their employees. NMTCs will also equip the facility and provide the inventory needed to ramp-up production, boosting economic …

Coastal Growers LLC

  Atmore, AL – Rural Development Partners allocated $15 million in New Markets Tax Credits to farmer-owned Coastal Growers LLC for the construction of a new peanut shelling facility in Atmore, Alabama. This investment mitigated farmer risk, created jobs, and induced catalytic economic opportunities in a great community. The new operation created 130 quality jobs at the plant, 125 new …

Audubon Metals Texas LLC

Corsicana, TX – RDP allocated $14MM in New Markets Tax Credits to help Audubon Metals Texas LLC expand operations to Corsicana, TX, creating quality jobs in a rural qualified region while mitigating financial risk amid economic uncertainty that was exacerbated by the COVID pandemic. This NMTC allocation was used to help finance real estate, construction, and equipment for the new …

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 …

Greater Pittsburgh Community Food Bank

Duquesne, PA – Since the decline of the steel industry in 1980, the Greater Pittsburgh Community Food Bank (GPCFB) has actively strived to feed the hungry. They serve an 11-county area with over 400 partner agencies (including smaller regional and rural food banks, food pantries, homeless shelters) and seven Partner Distribution Organizations (PDOs), which made it possible to distribute 35 …

Westervelt Lumber

Thomasville, AL – The $191.6 million facility will produce approximately 250 million board feet of pine lumber annually, taking advantage of the company’s nearby timberland and other facilities.  The new mill created 125 permanent full-time jobs in a census tract with an unemployment rate of 21.8% and poverty rate of 20.5%. Workers earn over 207% of the average living wage …

Super-Pufft Snacks, USA

Perry, FL – Super-Pufft Snacks USA, a private label snack manufacturer/distributor in Perry, Florida, revitalized the community in 2017 when they purchased a vacated manufacturing facility that had recently left 250 full-time employees without a job. The loss of a major employer led the City of Perry to reduce their budget by 6% and increase taxes; a devastating blow to …