Here are a couple of our latest community projects we’ve participated in facilitating. We utilize New Markets Tax Credits, Community Facilities Lending and Community Housing Capital funds to finance projects related to education, healthcare, manufacturing, hospitality, non-profits, community centers, affordable housing and more.
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 and experience providing funding for small businesses who need to expand to grow. Using New Markets Tax Credit 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.
UB Community Development’s initiatives are directed to improve the social and economic conditions in our communities. Our lending options include Community Facilities Lending, New Markets Tax Credit, Community Housing Capital, and Loan & Investment Funds.
Types of Projects Funded
UB Community Development projects are having a big economic impact in the Southeast and beyond. Projects funded by New Markets Tax Credit, Community Housing Capital, and Community Facilities Lending Programs include multi-family community housing, 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 Markets Tax Credit 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.