Josh Brecheen (R-OK02)

Tax Staffer: Will De Haan, will.dehaan@mail.house.gov.

District Highlights

34 projects
376,720,152 in NMTC allocation
935,168,655 total project financing
3,366 FTE jobs created or retained
2,658 construction jobs created
19 manufacturing businesses

34

projects

$376,720,152

NMTC Allocation

$935,168,655

in total project financing

3,366

FTE jobs

2,658

construction jobs

19

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Kiamichi Family Medical Center: Hugo Health Center

Hugo,
OK
(2024)

Healthcare

CDE(s): MetaFund

MetaFund used $8 million of its New Markets Tax Credits (NMTC) allocation provided by the CDFI Fund to support Kiamichi Family Medical Center toward the rebuilding of their Idabel, Oklahoma,

Allied Stone (2024)

Durant,
OK
(2024)

Manufacturing

CDE(s): CRFUSA

A major investment project is driving industrial growth and employment in Durant, OK

Malone’s CNC Machining, Inc.

Grove,
OK
(2023)

Manufacturing

CDE(s): Advantage Capital

Investment drives economic development in rural Oklahoma, supporting more than 50 quality manufacturing jobs

CP Kelco U.S., Inc.

Okmulgee,
OK
(2023)

Manufacturing

CDE(s): REI Development Corp

CP Kelco is a nature-based ingredient company that produces KELCOGEL® Gellan Gum, an innovative clean label ingredient (100% natural, no additives, no preservatives), which is sourced from naturally occurring lily

Allied Stone, Inc.

Durant,
OK
(2023)

Manufacturing

CDE(s): REI Development Corp

Allied Stone used the NMTC program to invest in a 2nd production line in order to meet increased demand for their Granite countertop division. The expansion enables them to meet

Commercial Metals Company

Durant,
OK
(2015)

Machine Shops and Metal Fabrication

CDE(s): Midwest Renewable Capital, National New Markets Fund, REI Development Corp, USBCDE

NMTC financing for the construction of an environmentally sustainable steel manufacturing facility in Durant, OK.

CMC Post Oklahoma

Durant,
OK
(2017)

Manufacturing

CDE(s): United Fund Advisors

CMC Oklahoma is the construction and expansion of a technologically advanced steel and T-post manufacturing facility located in a Promise Zone.

Choctaw Wellness Center

Durant,
OK
(2017)

Community, Healthcare, Recreation

CDE(s): Travois

The Choctaw Wellness Center provides opportunities for wellness-related recreational and educational activities including but not limited to: group fitness classes, biometric screens, nutritional counseling, wellness coaching, and general fitness facility