After a Town Suffered a Terrible Tragedy, These Entrepreneurs Brought It Back to Life

"You know how you see an old sidewalk, and it’s cracked, and there’s a flower growing out of it?" asks Kelly Dyches. "It’s kind of like that," she says

"There’s a concept in New Markets Tax Credits lending called the ‘but for’ test," Bush says. "Could you do this but for the tax credits? The answer for us is no, we couldn’t." Recleim works in part because of Graniteville’s location and great industrial bones, but also because traditional financing wasn’t possible.

By Tom Foster

Full Story: http://www.inc.com/magazine/201512/tom-foster/how-south-carolina-mill-town-graniteville-is-staging-a-citywide-comeback.html