Revitalizing Rural America (2003-2014)
The CDFI Fund targets 20 percent of NMTC allocation awards to non-metropolitan counties. Thus, the impact in rural America is significant. Between 2003 and 2014:
- 817 businesses, community facilities, and other important revitalization projects financed.
- $6.15 billion in NMTC allocation generated $11.6 billion in total project costs.
- NMTC projects generated 49,940 full-time jobs and 21,706 construction jobs.
Below are a few stories of how small towns and farming communities put NMTC capital to work through manufacturing expansions, timber and forestry projects, hospitals, and community facilities.
More Rural Projects
2022
Glasgow, KY | 2nd District
2011
Siler City, NC | 9th District
2021
Brownwood, TX | 11th District
2021
Corsicana, TX | 6th District
2010
Saint Johnsbury, VT | At-Large District
2019
Zanesville, OH | 12th District
2022
Adairsville, GA | 11th District
2014
Oberlin, OH | 5th District
2010
Athens, OH | 12th District
2015
Youngstown, OH | 6th District
2013
Walterboro, SC | 6th District
2011
Oberlin, OH | 5th District
2014
West Point, MS | 1st District
2021
Hornell, NY | 23rd District
2017
Anderson, CA | 1st District
2020
Aleutians, AK | At-Large District
2016
Altamont, TN | 4th District
2017
Great Bend, KS | 1st District
2017
West Plains, MO | 8th District
2008
Cuba, MO | 3rd District