CDE: MetaFund

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

GF Central Plastics Company

Shawnee,
OK
(2024)

Manufacturing

CDE(s): Legacy Economic Growth Fund, MetaFund, REI Development Corp

Strategic Expansion in Metals Manufacturing Drives Economic Growth and Job Creation in Rural Oklahoma

GF Central Plastics Company

Manufacturing

CDE(s): Legacy Economic Growth Fund, MetaFund, REI Development Corp

Strategic Expansion in Metals Manufacturing Drives Economic Growth and Job Creation in Rural Oklahoma

Perry Memorial Hospital

Perry,
OK
(2023)

Healthcare

CDE(s): MetaFund

Perry Memorial Hospital, a 50,000-square-foot healthcare facility built in 1950, faced financial challenges due to the rising costs of providing essential healthcare services. In 2019, Stillwater Medical Center took over

Oklahoma Center for Nonprofits

Oklahoma City,
OK
(2023)

Nonprofit Hub

CDE(s): MetaFund

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

Crossover Sports Association – Crossover Community Center

Tulsa,
OK
(2022)

FQHCs, Library, Recreation

CDE(s): MetaFund

NMTCs incentivized private investment from US Bank and created a subsidy which closed Crossover’s fundraising gap to develop the new community center.

New Markets Tax Credit Funding Helps Carry First National Bank Building Legacy Forward

Arts, Business Development, Community, Hotels and Tourism, Infrastructure, Mixed-use, Restaurants and Catering, Retail and Commercial, Transportation and Ports

CDE(s): Brownfield Revitalization, MetaFund, REI Development Corp

Asco Celebrates Its 60th Anniversary with the Expansion of Manufacturing Lines in Stillwater, Oklahoma

Business Development, Manufacturing, Rural

CDE(s): MetaFund, REI Development Corp

Stillwater Medical Center

Stillwater,
OK
(2018)

Community, Hospitals and Emergency Services

CDE(s): MetaFund

MetaFund used $16 million of its NMTCs allocation to finance the acquisition of equipment necessary for the expansion of Stillwater Medical Center, a rural hospital in Stillwater, Oklahoma, providing vital

Positive Tomorrows Villa Campus Inc.

Oklahoma City,
OK
(2018)

Schools

CDE(s): MetaFund, REI Development Corp

This is a charter school for homeless children. In addition, they provide services to the entire family. Using New Markets Tax Credits (NMTCs), MetaFund provided flexible financing to Positive Tomorrows

The Tile Shop

Durant,
OK
(2013)

Retail, Warehouse and Wholesale

CDE(s): Chase, MetaFund, REI Development Corp

Tile company uses a vacant facility in Durant to expand its manufacturing process, creating 30 to 50 jobs.

ASCO USA

Stillwater,
OK
(2013)

Business Development, Manufacturing, Rural

CDE(s): MetaFund, REI Development Corp

NMTC financing helped ASCO Aerospace with the purchase, renovation and re-opening of the failed and shuttered MerCruiser facility in Stillwater, OK.

Blue Wave and Silver Wave Boats

Seminole,
OK
(2017)

Business Development, Indian Country, Manufacturing, Rural

CDE(s): MetaFund, REI Development Corp

In 2005, First Wave Aviation, a Tulsa-based aerospace company, constructed a larger facility to repair and overhaul commercial aircrafts.

First National Center

Oklahoma City,
OK
(2017)

Arts, Business Development, Community, Hotels and Tourism, Infrastructure, Mixed-use, Restaurants and Catering, Retail and Commercial, Transportation and Ports

CDE(s): Brownfield Revitalization, MetaFund, REI Development Corp

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