NMTC financing supported a project designed to strengthen and provide a home to Oklahoma’s nonprofit community recently received a sizable financial boost. The Oklahoma Center for Nonprofits (OKCNP) received $10 million of New Markets Tax Credits (NMTC) allocation to support their renovation of the old American Red Cross building at Sixth Street and Lincoln Boulevard […] A steel manufacturer created good-paying jobs and boosted industrial capacity in Oklahoma City, OK Strategic Expansion in Metals Manufacturing Drives Economic Growth and Job Creation in Rural Oklahoma The NMTC investment will be used by Sovereign Pipe to purchase a portion of the new equipment that will be used in the manufacturing of HDPE pipe Financing for the construction of a new 30,000 sq. ft. full-service grocery store located in a designated food desert in the northeast neighborhood of Oklahoma City, OK. In 2005, First Wave Aviation, a Tulsa-based aerospace company, constructed a larger facility to repair and overhaul commercial aircrafts. Variety Care, a federally qualified Community Health Center, constructed a new facility in a distressed part of Oklahoma City. A new, four-story healthcare facility that included physician office space, an imaging center, conference rooms, and educational facilities. Purchase and gut renovation of the charter school's seventh location, a dedicated high school to be relocated to a 155,000 sq. ft. abandoned mall on Oklahoma City's Southside. A multi-phase project to redevelop the 1931 Art Deco Center Building, the 1957 Center Building, and the 1972 East Building into a 145 room hotel, more than 180 apartments, restaurants and 35,000 sq. ft. of lease and event space.