Homeland Grocery

Oklahoma City, OK (2020)

Homeland Grocery

Grocery and Fresh Food, HFFI, Retail, Retail and Commercial

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.

Investment

NMTC Amount: $10,500,000
Total Project Cost: $10,800,625

IMPACT

75 FTE jobs
140 construction jobs
30,000 sq. ft. of real estate

CDEs

Heartland Renaissance Fund, USBCDE

Investor

US Bank

Project Description

This project will finance 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. The new store will be leased to and operated by Homeland, a supermarket chain headquartered in Oklahoma City.