New Markets Tax Credit Coalition

Kiamichi Family Medical Center: Hugo Health Center

Investment

  • NMTC Amount: $3,000,000
  • Total Project Cost: $3,000,000

IMPACT

  • 16 FTE jobs

CDEs

Project Description

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, clinic, which was destroyed by a tornado in 2022, and the development of a new clinic in Hugo, Oklahoma. Kiamichi Family Medical Center is a Federally Qualified Health Center (FQHC) serving Medically Underserved Areas throughout southeastern Oklahoma.

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