MetaFund Fully Deploys Most Recent Two Rounds of New Markets Tax Credit Allocations, Totaling $80 Million

Posted on 09/20/2018

MetaFund was a successful allocatee of New Markets Tax Credits in 2017 and 2018 for $50 million and $30 million, respectively.  These allocations were efficiently deployed from MetaFund’s pipeline into eight projects filling a wide variety of objectives including the creation of quality jobs and provision of critically needed community services.  These eight projects are projected to create or save 870 quality jobs and provide community services such as an incarceration diversion program, a program to educate homeless children, and rural medical services, all within disadvantaged communities across Oklahoma.  MetaFund has made a commitment to both rural and non-real estate projects which often are in greater need of incentives to attract additional capital. 

 

Please contact Blake Trippet for additional information.