Project Address 1010 Douglas Avenue Brewton, AL 36426 Project Name City of Brewton and Brewton Development Authority Brewton, Alabama Amount of New Markets Tax Credits $8 Million Community Profiles Population: 5,200 Unemployment: 4.6% Median Household Income: $40,500 Poverty Rate: 26.1% Community Impact The funds will be used to support downtown redevelopment efforts, attracting and encouraging [...]
UB Community Development Announces $8 Million in New Markets Tax Credits for City of Brewton & Brewton Development Authority, Supporting Downtown Redevelopment Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, announces $8 million in New Markets Tax Credits (NMTC) to the City of Brewton & Brewton Development Authority. [...]
UB Community Development, LLC Awarded $65 Million in New Markets Tax Credits Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today the company has been awarded an allocation of $65 million in New Markets Tax Credits (NMTC). Through the NMTC program, the Community Development Financial Institution Fund [...]
Project Address 5840 Old Highway 43 Satsuma, AL 36572 Project Name City of Satsuma Fire Truck Satsuma, Alabama Amount of Community Facilities Lending Funds $447,000 Community Profiles Population: 6,157 Unemployment: 4.7% Median Household Income: $63,611 Poverty Rate: 9.5% Community Impact The Satsuma Fire Department serves more than 7,000 Satsuma residents within 10 square miles. [...]
Project Address 412 East Ridgeley Street Atmore, AL 36502 Project Name Atmore Sanitation Department Atmore, Alabama Amount of Community Facilities Lending Funds $1 Million Community Profiles Population: 9,354 Unemployment: 4.6% Median Household Income: $25,955 Poverty Rate: 23.5% Community Impact Improved sanitation efforts will enhance the city’s environmental health and provide for a greener, cleaner city. [...]
UB Community Development Announces $1 Million in Community Facilities Lending Funding for Construction of Sanitation Department Building. Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, announces $1 million in Community Facilities Lending funding for the construction of a new Sanitation Department building. The City of Atmore employs twenty [...]
UB Community Development Announces $447,000 in Community Facilities Lending Funding for City of Satsuma Fire Truck. Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, announces $447,000 in Community Facilities Lending funds for the purchase of a new fire truck for the City of Satsuma Fire Department. Firefighters undergo [...]
Project Address9615 Old Highway 43Creola, AlabamaProject NameCreola City HallCreola, AlabamaAmount of Community Facilities Lending Funds$375,000Community ProfilesPopulation: 2,018Unemployment: 4.7%Median Household Income: $54,732Poverty Rate: 16.1%Community ImpactThe funds will be used to purchase and renovate their leased 6,000-square-foot office facility.The renovated facility will address several community and city needs with a multipurpose conference room for community and city [...]
Project Address 504 Government Street Mobile, Alabama Project Name Barton Academy Mobile, Alabama Amount of New Markets Tax Credit (NMTC) $3.5 Million Community Profiles Population: 189,572 Unemployment: 3.6% Median Household Income: $39,241 Poverty Rate: 22.4% Community Impact The rehabilitated 59,540-square-foot educational facility will serve up to 300 sixth to ninth grade students annually. The project [...]
UB Community Development Announces $375,000 Community Facilities Lending Funds for City of Creola City Hall ProjectAtmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, announces $375,000 in Community Facilities Lending funds for city of Creola city hall project. The funds will be used to purchase and renovate their leased [...]
