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South Dakota Stories and Impact

State Fact Sheet

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Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

The NMTC will allow Empirical Foods, Inc, to continue its focus on creating high-quality jobs, in low-income, rural Midwestern communities.

-Patrick Durkee, Sr Tax Strategist, Empiracal Foods, Inc, Dakota Dunes, SD Tweet This

Community Testimonials​

South Dakota NMTC Videos

South Dakota NMTC Stories

2007

Cresbard, SD 

South Dakota Wheat Growers Coop

Rural Development Partners NMTC alocation to provide a $14.25 million loan to fill a financial gap and make the Cresbard project the first large-scale…
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2015

Rapid City, SD 

Community Health Center of the Black Hills

A medically underserved area in Rapid City, S. D., is home to an expanded, modernized health center with the help of $6.05 million in…
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2018

Rapid City, SD 

Youth and Family Services of South Dakota

A new facility allowing YFS to serve an additional 2,000 children each year….
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2019

Pine Ridge, SD 

Lakota Tech

The NMTC finances a fourth school in one of the most economically distressed communities in America….
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2011

Batesland, SD 

Batesland Elementary School

This project has created the funding to expand and rehabilitate a second elementary school project on the Pine Ridge Indian Reservation in Batesland, South…
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2018

Aberdeen, SD 

Citizens Bank Building

Provided $800,000 rehabilitation loan for historic building to be converted to offices in Aberdeen, SD. …
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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225
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