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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 [...]

Project Address 632 Smith Road Albertville, AL 35951 Project Name Master Extrusion, LLC, an affiliate of ColorMasters, LLC Albertville, Alabama Amount of New Markets Tax Credit (NMTC) $7 Million Community Profiles Population: 21,392 Unemployment: 5.8% Household Median Income: $37,619 Poverty Rate: 28.7% Community Impact The project is expected to create 45 new jobs and provide [...]

Project Address 212 St. Joseph Street Mobile, Alabama 36602 Project Name Community Foundation of South Alabama Mobile, Alabama Amount of New Markets Tax Credit (NMTC) $3.5 Million About Community Foundation of South Alabama (CFSA) The CFSA is a nonprofit organization serving eight counties in Southwest Alabama which relies on private donations for organizational support. Since [...]

Project Address 1318 Hueytown Road Hueytown, AL 35023 Project Name Hueytown Fire Department Hueytown, Alabama Amount of Community Facilities Lending Funds $1,000,000 Community Profile Located in Hueytown, AL Population: 15,380 Poverty Rate: 12.7% Unemployment Rate: 5.6% Household Median Income: $49,705 Community Impact Prior to the purchase of the new engine, the city’s existing fleet [...]