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Press Releases

UB Community Development Announces $3.5 Million in Community Facilities Lending Funds for the Construction of Atmore Urgent Care Facility

download pdf Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, has announced $3.5 million in Community Facilities Lending funds for the construction of the Atmore Community Hospital (ACH) Urgent

UB Community Development & Peoples Bank Announce $9.5 Million in New Markets Tax Credit Loan & Investment Fund for Local Small Businesses

download pdf Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, and Peoples Bank Mendenhall, MS announce $9.5 million in New Markets Tax Credit (NMTC) funding for a loan and

UB Community Development Announces $7 Million in New Markets Tax Credit Funding for Realty Masters LLC, an affiliate of ColorMasters, LLC in Albertville for Construction of Railyard Facility

download pdf Atmore, AL – UB Community Development, LLC (UBCD), a community development partner of United Bank, allocated $7 million in New Markets Tax Credit (NMTC) as part of a $14 million railyard facility at Realty

United Bank Receives $8 Million in Capital Magnet Funds Award from U.S. Department of Treasury

download pdf Atmore, AL – Robert R. Jones, III, President and CEO of United Bank, a subsidiary of United Bancorporation of Alabama, Inc. (OTCQX: UBAB), announced today that United Bank has received an award of $8

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

download pdf 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

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

download pdf 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

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

download pdf 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

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

download pdf 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

UB Community Development announces Affordable Housing Capital Magnet Funds for the construction of Atmore Senior Housing

download pdf 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

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

download pdf 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 a loan and