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    $140,000 IMT Educational Grant Awarded to Corsicana High School, Navarro College & Foundation

    Posted on September 21, 2021

    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 ...

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    Rural Development Partners Receives $50 Million NMTC Award

    Posted on September 2, 2021

    Rural Development Partners (RDP) was awarded $50 million in New Markets Tax Credit (NMTC) authority from the U.S. Treasury’s CDFI Fund. This is RDP’s tenth NMTC allocation award since the company’s inception in 2004, totaling $656.7 million. RDP directs NMTCs to spur economic growth, provide food access, and create quality jobs accessible to low-income workers in underserved communities throughout America. ...

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    $100,000 Workforce Development Grant Awarded to Barnwell County (SC)

    Posted on August 19, 2021

    Rural Development Partners (Forest City, IA) and NMTC partner Cascades (Barnwell, SC) awarded a matching funds grant of $100K toward workforce development initiatives for Barnwell County, a region dominated by manufacturing, agriculture, and service industries. Barnwell is one of seven counties represented by the SouthernCarolina Alliance, a regional nonprofit organization providing economic development marketing and recruitment in the Lower Savannah ...

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    $175,000 Grant will Revitalize High School Vo-Tech Programs in Gibson County, TN

    Posted on August 13, 2021

    Rural Development Partners (Forest City, IA) and NMTC partner, Bongards (Humboldt, TN) awarded Gibson County high schools a matching funds grant of $175,000 to strengthen workforce development. Funds are revitalizing high school technical programs across Gibson County, boosting student opportunities for successful careers. Since initiating the grant in December of 2020, Vo-tech programs are coming to fruition, energized to create ...

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    Rural Development Partners Welcomes Bill Northey to the Governing Board

    Posted on July 7, 2021

    Forest City, IA – July 7, 2021: Rural Development Partners (RDP) is pleased to welcome Bill Northey to the Governing Board. Bill and his wife, Cindy, reside in the Des Moines area where he serves as Principal at WHNorthey LLC, providing agriculture consulting in conservation and sustainability. From 2018-2021, Bill served as Under Secretary for Farm Production and Conservation (FPAC) ...

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    SRTC Receives $200,000 Grant for Technical & Industrial Education

    Posted on May 10, 2021

    Rural Development Partners is proud to share this PRESS RELEASE from Southern Regional Technical College… Southern Regional Technical College Receives $200,000 Community Investment Grant from Coca-Cola Bottling UNITED and Rural Development Partners Tifton, GA – Coca-Cola Bottling Company United, Inc. (UNITED) and Rural Development Partners (RDP) jointly funded a $200,000 investment in Technical and Industrial Education in South Georgia through RDP’s ...

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    Public-Private Partnership Grant Awarded to Pride of Atmore

    Posted on April 14, 2021

    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 ...

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    Quality Jobs and Economic Opportunities for Farmers & Atmore, AL

    Posted on January 26, 2021

    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 ...

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    RDP Partners with Audubon Metals to Bring Quality Jobs to Corsicana, TX

    Posted on January 5, 2021

    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 ...

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    RDP Allocates $20MM in NMTCs to Bring Quality Jobs to Tifton, GA

    Posted on December 28, 2020

    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 ...

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    Rural Development Partners Welcomes Debra Shoaf to Advisory Board

    Posted on November 9, 2020

    (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 ...

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    New Market Tax Credit Instrumental in Expansion of Pennsylvania Food Bank

    Posted on November 9, 2020

    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 ...

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    Public-Private Partnership Grants $100,000 For Workforce Training Lab

    Posted on September 29, 2020

    Forest City, IA  Rural Development Partners (RDP), together with Tishomingo County based manufacturer Mississippi Silicon, provided Northeast Mississippi Community College with $100,000 to revitalize its workforce training lab. See press release. RDP allocated $20MM in New Markets Tax Credit (NMTC) financing in 2014 to help MS Silicon build and operate a silicon metal production facility. See the great impacts this ...

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    Rural Development Partners receives $65 Million NMTC Award

    Posted on July 17, 2020

    (Forest City, IA) July 15, 2020:  Rural Development Partners (RDP) is proud to announce receiving $65 million in New Market Tax Credit (NMTC) authority from the U.S. Treasury’s CDFI Fund. The NMTC program allows RDP to provide flexible financing options that support the health and sustainability of highly distressed rural communities throughout America. This is RDP’s ninth NMTC award for ...

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    Rural Development Partners Welcomes Linda Upmeyer to Governing Board

    Posted on July 17, 2020

    (Forest City, IA) July 17, 2020: Rural Development Partners (RDP) is pleased to announce that Linda Upmeyer has joined the RDP Governing Board. Linda is completing her ninth, and final, term in the Iowa Legislature where she most recently served as Speaker of the House from 2016-2020. Prior to becoming Speaker, Linda led the caucus as House Majority Leader from ...

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    Novogradac Journal of Tax Credits: NMTC CDEs, Investors, Developers Role in the Economic Recovery After the Pandemic

    Posted on July 6, 2020

    Rural Development Partner’s CEO, Jonathan Klaassen, was recently interviewed by Novogradac for the June 2020 Journal of Tax Credits on the subject of NMTC CDEs integral role in stabilizing and rebuilding the American economy during and after the COVID-19 global pandemic. “From a rural perspective, I’ve been inspired by the response of food banks,” said Klaassen. “The pandemic is highlighting ...