New Markets Redevelopment X Limited Partnership is a prominent real estate company based in Oklahoma City, specializing in orchestrating innovative solutions for over 43 years. With a focus on New Markets Tax Credit (NMTC) investments, they have successfully financed and developed various projects, including the NorthCare General Pershing Medical Campus. This state-of-the-art facility serves as a comprehensive mental health center and acute care medical clinic, catering to high-risk individuals and families in a severely distressed neighborhood near downtown Oklahoma City.
Through their collaboration with other Community Development Entities (CDEs), New Markets Redevelopment X Limited Partnership secured $10 million in NMTC financing, contributing to the $17.4 million project. In addition to providing essential medical services, the NorthCare campus aims to consolidate their existing clinics and accommodate other vital organizations, such as the Regional Food Bank of Oklahoma, Variety Care, and The Education and Employment Ministry, further enhancing the community's well-being.
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