Tennessee Rural Development Fund

Tennessee Rural Development Fund

About US


A United States Treasury Department Certified Community Development Financial Institution (CDFI)


Tennessee Rural Development Fund was founded to provide affordable capital to spur business growth and expansion in the rural and economically distressed counties of Tennessee. Much of Rural Tennessee suffers from a lack of regulated financial institutions and CDFIs, which has contributed to decades of high poverty and unemployment, low income, and a general lack of opportunity. TNRDF sees an opportunity to support the redevelopment of vacant commercial and manufacturing real estate to create small business and employment opportunities for local residents and small business startups and current business expansions in the state.


our Latest

From historic structures and nonprofit camps to healthcare, multi family housing and well needed Industries.
  We try to get involved with projects that will help our communities. Take a look at some of our latest projects to see if you can relate.  

Kevin Bowling

Vice Chairman

Kevin draws on more than 30 years of executive business and consulting experience working with public and private companies as well as government agencies.

David Allen

David Allen


David is the founding partner of Tennessee Rural Development Fund.

Bob Duncan

Bob Duncan


As a member of the American Institute of Certifed Public Accountants since 1971, Bob has served on many committees for the City of Cookeville and Tennessee Tech University.


Martin Foutch

Board Member

Native Cookevillian, fourth generation principal of locally owned and operated family business, Foutch’s, with the fifth generation being groomed for succession.


Bob Allen

Secretary Treasurer

Bob has extensive experience in all aspects of operating and growing successful companies.

Matt Allen

Matt Allen

Board Member

Prior to joining TNRDF, Matt Allen spent 17 years at his Construction Company, in Cookeville, TN.

Let’s Get in Touch

Contact details

Phone: (931) 854-1566
E-mail: info@tnrdf.com
Address: 1227 N Washington Ave | Suite 107 | Cookeville, TN 38501
Opening hours:
Monday — Friday 9:00 – 4:00