Oklahoma Data and Stories

State Fact Sheet

Map of Selected Projects in Oklahoma

Community Testimonials

The NMTC is the most successful and effective program driving investment in low-income neighborhoods nationwide. Projects funded with NMTCs would not be possible in these disinvested areas without the program.

-Charles E. Wiggin, New Markets Redevelopment, LLC

Selected Projects in Oklahoma

Commercial Metals Company

Durant,
OK
(2015)

Machine Shops and Metal Fabrication

CDE(s): Midwest Renewable Capital, National New Markets Fund, REI Development Corp, USBCDE

NMTC financing for the construction of an environmentally sustainable steel manufacturing facility in Durant, OK.

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.

Carl Albert Redevelopment Project

Ada,
OK
(2014)

Adult Daycare, Community, Healthcare, Nursing Homes and Hospice, Rural, Targeted Populations

CDE(s): Chickasaw Nation Community Development Endeavor

The Chickasaw Nation partnered with a CDE of the Cherokee Nation to use NMTC to transform a shuttered I.H.S. hospital in Ada, OK.

The Tile Shop

Durant,
OK
(2013)

Retail, Warehouse and Wholesale

CDE(s): Chase, MetaFund, REI Development Corp

Tile company uses a vacant facility in Durant to expand its manufacturing process, creating 30 to 50 jobs.

ASCO USA

Stillwater,
OK
(2013)

Business Development, Manufacturing, Rural

CDE(s): MetaFund, REI Development Corp

NMTC financing helped ASCO Aerospace with the purchase, renovation and re-opening of the failed and shuttered MerCruiser facility in Stillwater, OK.

Saint Francis Cancer Center

Tulsa,
OK
(2010)

Community, Fighting Cancer, Healthcare

CDE(s): BOKF Community Development Fund

Freestanding, state-of-the-art cancer center incorporates the latest advances in cancer treatment, all under one roof

Stigler Health and Wellness

Stigler,
OK
(2008)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare, Rural

CDE(s): REI Development Corp

Stigler, Oklahoma is located in eastern rural Oklahoma with a population of 2,731 and serves as the county seat of Haskell County.

Saints Medical Plaza

Oklahoma City,
OK
(2006)

Community, Dental Services, Disaster Recovery, Healthcare, Katrina

CDE(s): New Markets Redevelopment (Wiggin)

A new, four-story healthcare facility that included physician office space, an imaging center, conference rooms, and educational facilities.

First Wave

Bristow,
OK
(2004)

Auto Manufacturing, Manufacturing

CDE(s): REI Development Corp

An airplane parts manufacturing helps community that lost 1,200 jobs with the closing of a Black & Decker manufacturing facility.

Site visits and recent news related to Oklahoma NMTC Projects

New Markets Tax Credit Funding Helps Carry First National Bank Building Legacy Forward

January 12, 2018

Asco Celebrates Its 60th Anniversary with the Expansion of Manufacturing Lines in Stillwater, Oklahoma

November 1, 2014