New Markets Tax Credit Coalition

Search
  • Oklahoma City,
  • OK
  • (2020)

Homeland Grocery

District: Stephanie Bice (R-OK05)

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

,

Investor

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.

External Profile

MAP

Address: 625 Northeast 36th Street, Oklahoma City, OK 73105

Census Tract: 40109105101

Missing information? Submit an update or correction.

Other Oklahoma Projects

J-M Foods, LLC
  • Miami,
  • OK
  • (2020)
  • CDE(s): REI Development Corp
Construction of a production facility for hydroponic mushrooms.
Learn more..
Crossover Sports Association – Crossover Community Center
  • Tulsa,
  • OK
  • (2022)
  • 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.
Learn more..
Homeland Grocery
  • Oklahoma City,
  • OK
  • (2020)
  • CDE(s): Heartland Renaissance Fund, USBCDE
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.
Learn more..
The Palace & Podium Buildings
  • Tulsa,
  • OK
  • (2015)
  • CDE(s): New Markets Redevelopment (Wiggin)
The renovation of the landmark building into a mixed-use building with ground floor retail and eight floors of residential apartments, including 30% affordable apartments; and the addition of the Podium
Learn more..