Project Name Perdido Volunteer Fire Department Amount of Community Facilities Lending Program Allocation $300,000 Community Profile Poverty Rate: 38.6% Unemployment Rate: 3.5% Household Median Income: $28,313 Project Highlights Replaced the departments 10 year old gear with $60,000 worth of all new turnout gear. New building is able to accomodate bigger trucks where the previous could [...]
Project Name Sweet Brew Project Success Story Amount of NMTC Allocation $6 Million Community Profile Poverty Rate: 22.5% Unemployment Rate: 9.2% Household Median Income: $31,310 Job Creation Permanent Jobs: 75 Temporary Construction Jobs: 86 Project Highlights NMTC allocation allowed Sweet Brew to build the project at one time, instead of in phases over a period [...]
UB Community Development announces New Market Tax Credit Funding and full-time job opportunities for expansion of ALDI distribution center in Haines City, Florida. March 15, 2019 - Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today it has provided New Market Tax Credit funding to ALDI. This [...]
UB Community Development announced Affordable Housing Capital Magnet Funds for the construction of The Village at Rock Springs Apartments in Moody, Alabama. February 7, 2019 - Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today United Bank has provided Capital Magnet Funds to the Community Action Partnership [...]
UB Community Development announces Affordable Housing Capital Magnet Funds for the Construction of Trinity Lake Apartments in Smiths Station, Alabama. February 7, 2019 - Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today United Bank has provided $150,000 in Capital Magnet Funds to The Bennett Group to [...]
UB Community Development announces Affordable Housing Capital Magnet Funds for the construction of Estates at Kendal Apartments in Clanton, Alabama. February 7, 2019 - Atmore, AL -UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today United Bank has provided Capital Magnet Funds to National Affordable Housing Preservation Associates and Vantage [...]
UB Community Development, LLC, announces $6 Million in New Market Tax Credit Funding and 75 Jobs for Expansion of Sweet Brew’s Existing Operations. December 10, 2018 - Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today $6MM New Market Tax Credit (NMTC) funding for the construction of [...]
UB Community Development, LLC Announces $7 million in New Market Tax Credit Funding for Riviera Square Retail Project in Foley, AL to Include Publix Grocery July 26, 2018 - Foley, AL - UB Community Development, LLC, (UBCD) a community development partner of United Bank, announced today that it has funded a $7 million New Markets [...]
United Bank Awarded $4 MM Capital Magnet Fund Award from U.S. Department of Treasury May 7, 2018 - Atmore, AL - Robert R. Jones, III, President and CEO of United Bank, a subsidiary of United Bancorporation of Alabama, Inc. (OTC: UBAB), announced today that United Bank has received an award of $4 million from the [...]
UB Community Development, LLC Announces $7MM New Market Tax Credit Funding for Talladega College Project April 30, 2018 - Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today that it has funded a $7 million New Market Tax Credit (NMTC) allocation for Talladega College, allowing the college [...]
