City Care Medical Respite Facility Receives NMTC Funding
For Immediate Release
October 1, 2026
OKLAHOMA CITY — Individuals experiencing homelessness in Oklahoma are now closer to having a soft place to land after being discharged from the hospital. Oklahoma City-based MetaFund recently allocated $11 million in New Markets Tax Credits (NMTC) to the nonprofit, City Care, to help finance a 40-bed, integrated-care medical respite facility.
City Care has been serving Oklahomans experiencing homelessness since 1996. With the addition of the NMTC allocation, the organization is close to completing a capital campaign to build the project.
“Medical respite care addresses an important gap in our community by creating a safe and dignified place for neighbors to continue healing,” said Rachel Freeman, President and Chief Executive Officer at City Care. “This new facility will provide the space and opportunity needed to recover while connecting people to the resources that can help them move forward. We want to ensure that hospital discharge does not result in a return to the streets, but it is a progressive step toward wellbeing and stable housing.”
The facility will provide a place where neighbors can recover, connect with housing navigation services and begin moving toward long-term stability. It will operate next to City Care’s existing low-barrier night shelter near downtown Oklahoma City and is projected to open in 2028.
Hospitals absorb significant costs when they are unable to discharge individuals experiencing homelessness. Medical respite programs result in thousands of dollars saved in reduced hospital stays and improved health and social outcomes. City Care is implementing this concept in partnership with local hospital systems and managed care organizations. Mercy, SSM Health, and Humana Healthy Horizons Oklahoma have all committed funding to the project.
City Care has also raised $9.8 million in philanthropic and grant support, including a $2 million challenge grant from the Mabee Foundation. BancFirst is providing bridge financing and will also serve as the tax credit investor.
"MetaFund is especially honored to be part of this project. Not only is the Medical Respite Center going to be a crucial place for neighbors in Oklahoma City to find care and rehabilitation; this transaction represents a rare opportunity for us to work with a local lender and tax credit investor to provide NMTC financing for a project in our own backyard - it has been a true community effort,” said Evan Fay, MetaFund’s NMTC Program Manager. “We admire the vision that the City Care team has in leveraging the medical respite care model to serve those experiencing homelessness in Oklahoma City and are confident that it will have a positive impact on the health and quality of life for thousands of Oklahomans in the years to come."
City Care expects to serve at least 300 patients annually at the respite center while operating at approximately 85-90 percent occupancy with stays anticipated to last 30 days. In addition to room and board, services will include behavioral health, chronic-condition and medication management, care coordination, daily wellness checks, on-site clinical services, documentation support, housing navigation, and more.
More information about City Care and their programs can be found at www.citycare.org.
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Media Contact:
Austin Marshall
(405) 397-1532
About MetaFund
MetaFund is a nonprofit Community Development Financial Institution (CDFI) investing in impact and expanding economic opportunity through flexible financing and partnerships with banks, philanthropic investors, government entities, and community leaders. Since 1999, we’ve worked alongside underinvested communities to mobilize capital for organizations that align with our focus areas of work, housing, and health. Through our programs, MetaFund has deployed more than $470 million over our history to help businesses and communities grow stronger and thrive. For more information, please visit metafund.org
About City Care
City Care was built around the belief that everyone deserves a place to call home. What started in 1996 as a handful of friends offering regular breakfasts to their unhoused neighbors has grown into a collective community response to an urgent community need.
Today, City Care offers Oklahoma’s only low-barrier shelter focused on rehousing and stability and 112 units of supportive housing for Oklahoma’s lowest wage earners. We offer safety, dignity, and an opportunity for a new path forward to our neighbors transitioning out of homelessness. We meet individuals and families where they are, providing housing navigation, case management, and other supportive services to ensure long-term stability.
Thirty years later, we are still walking alongside our neighbors on their journey home. Transformation starts here. Learn more about our mission and programs at citycare.org