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

Other Oklahoma Projects

Community Food Bank of Eastern Oklahoma

Tulsa,
OK
(2022)

Shelters and Community Food

CDE(s): Capital One, Hampton Roads Ventures, Heartland Renaissance Fund

Food Bank Expansion is Fighting Hunger and Feeding Hope

Kiamichi Family Medical Center: Hugo Health Center

Hugo,
OK
(2024)

Healthcare

CDE(s): MetaFund

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,

Universal Ford – Fox Building Renovations

Tulsa,
OK
(2015)

Affordable Housing, Business Development, Community, Historic Rehabilitation, Incubator, Manufacturing, Retail

CDE(s): New Markets Redevelopment (Wiggin), REI Development Corp

Renovation of a building in Tulsa's downtown warehouse and industrial district, now known as Brady Arts, site of the Tulsa race riot in 1921.

Oklahoma Center for Nonprofits

Oklahoma City,
OK
(2023)

Nonprofit Hub

CDE(s): MetaFund

NMTC financing supported a project designed to strengthen and provide a home to Oklahoma’s nonprofit community recently received a sizable financial boost. The Oklahoma Center for Nonprofits (OKCNP) received $10