Carl Albert Redevelopment Project

Ada,
OK
(2014)

Carl Albert Redevelopment Project

Adult Daycare, Community, Healthcare, Nursing Homes and Hospice, Rural, Targeted Populations

The Chickasaw Nation partnered with a CDE of the Cherokee Nation to use NMTC to transform a shuttered I.H.S. hospital in Ada, OK.

Investment

NMTC Amount: $23,250,000
Total Project Cost: $30,776,535

IMPACT

50 FTE jobs
425 construction jobs
586 patients served

CDEs

Chickasaw Nation Community Development Endeavor

Investor

US Bank

Project Description

The Chickasaw Nation partnered with a CDE of the Cherokee Nation to use NMTC to transform a shuttered I. H.S. hospital in Ada, OK. Now known as the Carl Albert Multi-purpose facility, the project provides employment, education and health services. NMTC provided $5 million out of an overall $40 million project budget to catalyze additional development in this highly-distressed community.

MAP

Address: 1001 North Country Club Road, Ada, OK 74820

Census Tract: 40123088900

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