Tandy Family YMCA and Healthy Living Center

Tulsa,
OK
(2016)

Tandy Family YMCA and Healthy Living Center

Community, Daycare and Early Childhood, Healthcare, Recreation, Shelters and Community Food, YMCAs and YWCAs, Youth and Families

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

CDEs

New Markets Redevelopment (Wiggin), REI Development Corp

Investor

Unknown

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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