The Ronceverte Development Corporation was formed in April 2003 to oversee the economic redevelopment of the town. This non-governmental 501©6 group consists of
local business persons, professionals, artistic and spiritual leaders, and volunteers working together with city officials to promote and revitalize the downtown.
The Ronceverte Development Corporation acts as the parent agency of the Main Street Ronceverte Program and oversees the business office for billing and collections for the Ronceverte Television Corporation. Through the work of the Ronceverte Development Corporation, the agency has acquired and refurbished buildings in the downtown to encourage business investment. The RDC acts as the catalyst for the downtown growth and development, and assists potential investors with grant and loan programs that help new businesses to the community as well as support existing ones.