Project Name North Baldwin Utilities Amount of Community Facilities Lending Program Allocation $3.1 Million Community Profile Bay Minette is the county seat of Baldwin County, Alabama with a population of nearly 10,000. The city’s top industries are manufacturing, healthcare, and retail. Community Impact The funding will enable North Baldwin Utilities (NBU) to purchase more [...]
Project Name Bay Minette Municipal Airport Amount of Community Facilities Lending Program Allocation $240,000 Community Profile Poverty Rate: 26.5% Unemployment Rate: 4% Household Median Income: $32,341 Project Highlights New hangar space will bring in additional rents and allow for more room for aircraft accommodation. Expected to provide a significant economic boost to the area. Enabling [...]
UB Community Development announces Community Facilities Lending Funding for meter replacement for North Baldwin Utilities in Bay Minette, Alabama. April 29, 2019 - Atmore, AL -UB Community Development, LLC (UBCD), a community development partner of United Bank, has announced $3,100,000.00 in Community Facilities Lending funds designated to North Baldwin Utilities (NBU) for the purchase of [...]
UB Community Development announces Community Facilities Lending Funding and full-time job opportunities for the expansion of Hangar Space and Taxiways in the Municipal Airport, in Bay Minette, Alabama. April 29, 2019 - Atmore, AL -UB Community Development, LLC (UBCD), a community development partner of United Bank, has announced funding totaling $240,000.00 in Community Facilities Lending [...]
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 [...]
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