Rural Development Partners

About Rural Development Partners

Rural Development Partners (RDP) is a Community Development Entity (CDE) focused on revitalizing rural America by forging public-private partnerships for catalytic job growth. Their mission is to provide quality job access in rural areas, particularly in low-income and financially distressed communities, through strategic use of New Markets Tax Credits (NMTCs).

Products & Services

New Markets Tax Credits (NMTC) Financing:RDP uses NMTC allocations to provide incentives for investment in rural businesses, reduce interest rates, and offer preferential credit terms to businesses in low-income rural communities.

Community Investment Program:A program designed to support rural businesses and nonprofits by combining NMTCs with bank loans and tax credit investor funds for favorable financing solutions.

Specialties

New Markets Tax Credits (NMTC) Financing Public-Private Partnerships Rural Job Growth Community Engagement Impact Measurement and Reporting

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: NMTC Allocation T: - FT: NMTC Allocation	A: 65000000 MR: - FA: $65 million FAN: 65000000	D: 2024-09-19 FD: 2024-09-19	1 investors
2	RT: New Markets Tax Credit T: - FT: New Markets Tax Credit	A: 50000000 MR: - FA: $50 million FAN: 50000000	D: 2023-09-22 FD: 2023-09-22	1 investors
3	RT: New Markets Tax Credits (NMTC) T: - FT: New Markets Tax Credits (NMTC)	A: 15000000 MR: - FA: 15 million FAN: 15000000	D: 2023-04-21 FD: 2023-04-21	1 investors

NMTC Allocation Latest

2024-09-19

$65.0M

1 investor (Pro only)

New Markets Tax Credit 2023-09-22

$50.0M

New Markets Tax Credits (NMTC) 2023-04-21

$15.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

S

Stephen Mason

Advisory Board Member

J

Joe Wesolowski

Advisory Board Member

D

David Bradley

Advisory Board Member

D

Debra Shoaf

Advisory Board Member

M

Michael Thorsteinson

Advisory Board Member

M

Mark Linder

Advisory Board Member

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