UB Community Development’s initiatives are directed to improve the social and economic conditions of the underserved people and distressed communities in its rural market. Our lending options include Community Facilities Lending Program, New Market Tax Credits and traditional commercial lending.
UB Community Development projects are having a big economic impact in Alabama and beyond. Projects funded by New Market Tax Credits and Community Facilities Lending Programs include municipal facilities, healthcare facilities, rural water systems, non-profit facilities, and community facilities, such as farmers markets and volunteer fire departments.
Does Your Project Qualify?
UBCD’s New Market Tax Credit program and Community Facilities Lending Program options provide funding solutions for community development projects located in qualifying census tracts. To see if your project qualifies or to learn more about the designated qualifying census tracts, click the button below.