Press Releases

Press Releases 2019-10-01T18:33:28+00:00
October 18, 2023
UB Community Development, a subsidiary of United Bancorporation of Alabama, Inc., Announces $10 Million in New Markets Tax Credit for ECORE International, Inc.»
October 17, 2023
UB Community Development, a subsidiary of United Bancorporation of Alabama, Inc., Announces $4.4 Million in New Markets Tax Credit Funds to McNeely Plastic Products, Inc.»
May 18, 2023
Funding for Northwest Florida Healthcare in Chipley, Florida»
January 31, 2023
$13.5 Million in New Markets Tax Credit Funds to Globe Metallurgical, Inc.»
August 9, 2022
$8 Million in New Markets Tax Credit Funds to HarbisonWalker International Inc.»
June 15, 2022
$5.5 Million in New Markets Tax Credit Funds to NEXTEC, LLC»
January 3, 2022
Funding Announced for Dadeville Pole Company in Dadeville, Alabama»
October 6, 2021
Funding Announced for New Buc-ees Store in Auburn, AL»
July 29, 2021
Funds Provided for the Renovation of Jackson Johnson Townhomes»
July 28, 2021
Funding Provided for Construction of Country Ridge Estates»
March 9, 2021
UB Community Development Announces $3.5 Million in Community Facilities Lending Funds for the Construction of Atmore Urgent Care Facility»
February 24, 2021
UB Community Development & Peoples Bank Announce $9.5 Million in New Markets Tax Credit Loan & Investment Fund for Local Small Businesses»
February 23, 2021
UB Community Development Announces $7 Million in New Markets Tax Credit Funding for Realty Masters LLC, an affiliate of ColorMasters, LLC in Albertville for Construction of Railyard Facility»
February 22, 2021
United Bank Receives $8 Million in Capital Magnet Funds Award from U.S. Department of Treasury»
October 28, 2020
UB Community Development Announces $11.6 Million in New Markets Tax Credit Funding to Escambia Peanut»
October 13, 2020
UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Providence Park Apartments»
September 30, 2020
UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Sweetwater Ridge Apartments»
September 30, 2020
UB Community Development Announces Affordable Housing Capital Magnet Funds for the Renovation of Elmwood Manor Apartments»
September 29, 2020
UB Community Development Announces $4.25 Million Facility Loan for the Renovation of Sun Pointe Apartments»
September 25, 2020
UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Atmore Senior Housing»
September 22, 2020
UB Community Development & AMCREF Community Capital Announce $2.3 Million in New Markets Tax Credit Loan & Investment Fund for Local Small Businesses»
August 14, 2020
UB Community Development Announces $8 Million in New Markets Tax Credits for City of Brewton & Brewton Development Authority, Supporting Downtown Redevelopment»
July 16, 2020
UB Community Development, LLC Awarded $65 Million in New Markets Tax Credits»
June 8, 2020
Atmore Construction of Sanitation Department Building, $1 million in Community Facilities Lending Funding»
June 8, 2020
City of Satsuma Firetruck, $447,000 in Community Facilities Lending Funding»
May 4, 2020
UB Community Development Announces $375,000 Community Facilities Lending Funds for City of Creola City Hall Project»
May 1, 2020
UB Community Development Announces $3.5 Million in New Markets Tax Credit Funds to Renovate and Transform Historic Barton Academy into Public School in Downtown Mobile»
March 27, 2020
UB Community Development Announces $7 Million in New Markets Tax Credit Funding for the Expansion of Master Extrusion LLC, an affiliate of ColorMasters, LLC in Albertville»
March 3, 2020
United Bank Receives $6 Million Capital Magnet Funds Award from U.S. Department of Treasury»
February 7, 2020
UBCD Announces $3.5 Million in New Markets Tax Credit»
January 20, 2020
UBCD and NCIF Announces $6.5 Million New Markets Tax Credit Loan and Investment Fund»
December 31, 2019
Sullivan's Grocery Stores, $7.5 Million New Markets Tax Credit»
November 26, 2019
Carillon Oaks Facility, $7 Million New Markets Tax Credit»
November 26, 2019
Hamilton Homebuilders Project, $8 Million New Markets Tax Credit»
November 21, 2019
Partnered Funding for Abbeville Fiber Sawmill»
October 28, 2019
Finance Provided for the Construction of Village at Bridge Creek Apartments»
August 1, 2019
Auburn Research Park, $6.8 Million New Market Tax Credit»
August 1, 2019
Graceway Apartments, a Capital Magnet Fund construction project in Fairhope, Alabama»
July 2, 2019
Nathan Ridge Apartments, a Capital Magnet Fund construction project in Wetumpka, Alabama»
June 27, 2019
Skegee Travel Center Project $7 Million New Market Tax Credit»
April 29, 2019
Community Facilities Lending Funding for meter replacement for North Baldwin Utilities in Bay Minette, Alabama»
April 29, 2019
Community Facilities Lending Funding for the expansion of Hangar Space and Taxiways in the Municipal Airport, in Bay Minette, Alabama.»
March 15, 2019
ALDI Job Expansion Project New Market Credit»
February 7, 2019
The Village at Rock Springs Apartments, a Capital Magnet Fund construction project in Moody, Alabama»
February 7, 2019
Trinity Lake Apartments, a Capital Magnet Fund construction project in Smith Station, Alabama»
February 7, 2019
Estates at Kendal Apartments, a Capital Magnet Fund construction project in Clanton, Alabama»
December 10, 2018
Sweet Brew Job Expansion Project $6 million New Market Tax Credit»
July 26, 2018
Riviera Square Retail Project $7 million New Market Tax Credit»
May 7, 2018
United Bank $4 Million Capital Magnet Fund Award»
April 30, 2018
Talladega College Project $7 million New Market Tax Credit»
March 22, 2018
Sterling Packaging, LLC $8.5 Million New Market Tax Credit»
March 1, 2018
City of Satsuma $2 Million Community Facilities Lending Program»
February 28, 2018
Pursell Agri-Tech $7 Million New Market Tax Credit»
February 14, 2018
UB Community Development, LLC $55 Million New Market Tax Credits»
February 9, 2018
UB Community Development, LLC $7 Million Loan Fund Created»
January 3, 2018
Buc-ee's Store $7 Million New Market Tax Credits»
October 3, 2017
United Bank CEO, Bob Jones, Appointed Member of the Community Development Advisory Board»
June 13, 2017
United Bank CEO, Bob Jones, Elected Chairman of Community Development Bankers Association»

WHO WE ARE

UB Community Development is dedicated to meeting the needs of communities. UB Community Development LLC (UBCD), a community development partner of United Bank, serves communities throughout the Southeast and beyond by providing funding solutions designed to increase economic development, affordable housing, create jobs and promote better access to goods and services. Our New Markets Tax Credit, Community Housing Capital, and Community Facilities Lending Programs are being used to help finance projects related to education, affordable housing, healthcare, manufacturing, public works and more.

CONTACT US

UB COMMUNITY DEVELOPMENT
  • 109 W. Nashville AveAtmore, AL 36502
  • (251) 446-6017
  • 3109 Blue Lake Drive Ste. 115Birmingham, AL 35243
  • (205) 637-2921

WHAT WE DO

UB Community Development LLC (UBCD), a community development partner of United Bank, is dedicated to continuing United Bank’s strong history of serving communities across the Southeast for nearly twelve decades. Whether your goals include funding a community development project, affordable housing, improving essential community facilities, expanding your business or accessing increased capital, UBCD offers a variety of solutions to help you meet your goals.
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