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Tulsa, OK (2016)

Tandy Family YMCA and Healthy Living Center

The Thornton Family YMCA has doubled its size to 92,000 sq. ft. with a project made possible by the NMTC

Investment

  • NMTC Amount: $1,371,500
  • Total Project Cost: $21,053,945

IMPACT

  • 54 FTE jobs
  • 133 construction jobs
  • 92,000 sq. ft. of real estate

Investor

https://www.youtube.com/watch?v=VVpNisCGg6M

Project Description

Situated in a rapidly transitioning area of Tulsa Oklahoma, the Thornton Family YMCA has doubled its size to 92,000 sq. ft. with a project made possible by New Markets Tax Credits.. The YMCA of Greater Tulsa is partnering with the OU College of Community Medicine to transform this aging Y in south Tulsa into a new YMCA Healthy Living Center. The new Y facility includes a demonstration kitchen, and plans to participate in the national Cooking Matters program, aimed at educating and empowering low-income families with the skills, knowledge, and confidence to prepare healthy affordable meals. NMR provided $8 million in New Markets Tax Credit financing and an additional $5 million in New Markets Tax Credits was provided by REI Development Corp. to cover the funding gap for the $21 million project.

MAP

Address: 5002 South Fulton Avenue, Tulsa, OK 74135

Census Tract: 40143008600

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