Loading...
Home 2019-04-11T20:29:49+00:00
VISIT THE UNITED BANCORPORATION OF ALABAMA ANNUAL REPORT WEBSITE

Building A Better Tomorrow

UB Community Development (UBCD) is a subsidiary of United Bancorporation of Alabama and community development partner of United Bank. We have a strong history as an experienced leverage lender providing funding for small businesses who need to expand to grow. Using New Market Tax Credits and Capital Magnet Fund transactions, we are able to help small businesses thrive in rural communities. These lending products coupled with our passion for improving the communities around us makes UB Community Development a premier financial partner for rural economic development and community support.

Lending Options

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.

LEARN MORE

Types of Projects Funded

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.

LEARN MORE

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.

 

VIEW MAP FOR NMTC ELIGIBILITY