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Magnolia Springs Fire Department

Project Address 14809 Gates Avenue Magnolia Springs, AL 36555 Project Name Magnolia Springs Fire Department Magnolia Springs, Alabama Amount of Community Facilities Lending Funds $330,000 Community Profiles Population: 816 Poverty Rate: 8.4% Unemployment Rate: 3.6% Household Median Income: $55,759 Project Highlights The purchase of the new truck was funded by a $285,000 FEMA Assistance [...]

Magnolia Springs Fire Department 2020-11-03T21:08:03+00:00

UB Community Development Announces $11.6 Million in New Markets Tax Credit Funding to Escambia Peanut

UB Community Development Announces $11.6 Million in New Markets Tax Credit Funding to Escambia Peanut Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announces $11.6 million in New Markets Tax Credit (NMTC) funding to Escambia Peanut Company, LLC in Flomaton, Alabama. Escambia Peanut serves as a buying [...]

UB Community Development Announces $11.6 Million in New Markets Tax Credit Funding to Escambia Peanut 2020-10-30T19:04:51+00:00

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Providence Park Apartments

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Providence Park Apartments Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced United Bank has provided $340,000 in secondary financing to The Bennett Group for the construction of Providence Park Apartments, a 56-unit, affordable multifamily [...]

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Providence Park Apartments 2020-10-13T21:17:32+00:00

Coastal Growers to Build Facility in Atmore

Coastal Growers to Build Facility in Atmore Atmore, AL - Coastal Growers LLC and the State of Alabama today announced the company has entered into an agreement to build a peanut shelling plant in Atmore, bringing 100 or more jobs to the area and turning the Escambia County City into a hub for peanut shelling [...]

Coastal Growers to Build Facility in Atmore 2020-10-01T19:49:53+00:00

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Sweetwater Ridge Apartments

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Sweetwater Ridge Apartments Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today United Bank has provided $400,000 in secondary financing to Vizion Driven Communities and Judy Van Dyke, for the construction of Sweetwater Ridge [...]

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Sweetwater Ridge Apartments 2020-09-30T19:43:32+00:00

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Renovation of Elmwood Manor Apartments

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Renovation of Elmwood Manor Apartments Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today United Bank has provided $205,000 in secondary financing to The Morrow Companies and Southeastern Affordable Housing Corporation for the renovation of Elmwood [...]

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Renovation of Elmwood Manor Apartments 2020-09-30T16:57:45+00:00

UB Community Development Announces $4.25 Million Facility Loan for the Renovation of Sun Pointe Apartments

UB Community Development Announces $4.25 Million Facility Loan for the Renovation of Sun Pointe Apartments Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today United Bank has provided a $4.25 million renovation loan for Sun Pointe Apartments, a 56-unit, affordable family housing project in Andalusia, Alabama. Hall [...]

UB Community Development Announces $4.25 Million Facility Loan for the Renovation of Sun Pointe Apartments 2020-09-30T16:46:13+00:00

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Atmore Senior Housing

UB Community Development announces Affordable Housing Capital Magnet Funds for the construction of Atmore Senior Housing Atmore, AL - UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today United Bank has provided $700,000 in secondary financing to Gateway Development and CRN Development for the construction of Atmore Senior Housing, a [...]

UB Community Development Announces Affordable Housing Capital Magnet Funds for the Construction of Atmore Senior Housing 2020-09-28T19:56:33+00:00

UB Community Development & AMCREF Community Capital Announce $2.3 Million in New Markets Tax Credit Loan & Investment Fund for Local Small Businesses

UB Community Development & AMCREF Community Capital Announce $2.3 Million in New Markets Tax Credit Loan & Investment Fund for Local Small Businesses Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, and AMCREF Community Capital (AMCREF) announce $2.3 million in New Markets Tax Credit (NMTC) funding for [...]

UB Community Development & AMCREF Community Capital Announce $2.3 Million in New Markets Tax Credit Loan & Investment Fund for Local Small Businesses 2020-10-28T15:59:17+00:00

City of Brewton and Brewton Development Authority

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 [...]

City of Brewton and Brewton Development Authority 2020-08-20T21:38:15+00:00