Revitalizing Rural America
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.
The NMTC: A Big Deal for Rural America
Our July 2017 report analyzed both CDFI Fund transaction data and NMTC Coalition survey data.
Rural Manufacturing Stories
Rural Community Facilities
Timber and Forestry Stories
Map of Selected Rural Projects
Click the red dots for more information.