Improvement with a Capital “I”: Tax Credits and Rural Development

As part of an accelerating trend, the nation’s proud rural communities continue to falter, losing population and jobs as major employers close shop. These shallow economies have little or no fallback as historically central industries change and move in a global economy. But thanks to the New Markets Tax Credit Program and similar initiatives, nonprofits are, in some communities, not only stemming the tide of loss, but truly revitalizing rural life.