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 technical and physical endurance to earn their certifications. They are trained to provide services in the midst of tragic emergencies. Emergency services are critical functions of a community. Having an operational, reliable fire truck is an important component to fire departments. The city will now have four fire trucks in addition to new equipment for the new truck.
In 2019, the City of Satsuma was rated by FBI statistics as the safest city in Alabama. With more than 1,550 students enrolled at Satsuma City Schools and growing, the Satsuma Fire Department serves more than 7,000 Satsuma residents within 10 square miles. Their services expand to surrounding communities like Saraland, Creola and Axis if necessary. Having efficient and reliable fire services and resources are critical to keeping residents and firefighters in the community safe.
The City of Satsuma had a vested interest in ensuring their commitment to their firefighters to have the resources they need to stay safe. In 2019, the city celebrated their new 10,000-square-foot public safety building. Soon after, the Mayor and Council turned their attention to the replacement of aging equipment. With a staff of eight, including the fire chief, as well as countless volunteers, the fire department had three fire trucks in their fleet, one of which was aging.
“We are excited to extend our partnership with the City of Satsuma,” said Alex Jones, President UBCD. “Having provided Community Facilities Lending funds for both the public safety building and their new fire truck, we feel they have the resources they need to provide fire and safety services for the residents of Satsuma. Safety services are vital to building strong, vibrant communities. We would like to congratulate the City of Satsuma on their strategic vision in expanding their emergency services.”
“It was important to us as community leaders to upgrade and add to our firetruck fleet,” said Mayor Tom Williams. “Our intention was to keep the aging truck operational and in our reserve. We knew that if we kept using the aging truck on a regular basis, we might get into a situation where it would not be in service. We explored replacing the aging truck, but until now, we were not able to have proper financing to fund the new truck. The city would like to thank Chris Walker for helping with this project. We would also like to thank the council members in their forward thinking in approving a replacement truck.”
For more information about UB Community Development, or for help with planning your next funding project, contact Alex Jones, President, UB Community Development at (251) 446-6017 or email alex.jones@unitedbank.com.
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About United Bank
United Bank is a $742,977,301 financial institution that has enjoyed 116 years of continuous service to Atmore, Alabama and surrounding communities. United Bank has offices in Atmore, Brewton, East Brewton, Flomaton, Monroeville, Frisco City, Bay Minette, Foley, Lillian, Loxley, Magnolia Springs, Silverhill, Spanish Fort, Daphne, Summerdale and Semmes in Alabama. United Bank serves Santa Rosa County, Florida in Jay, Milton, and Pace. For more information about United Bank, please visit our website at www.unitedbank.com. Member FDIC.
About UB Community Development
UB Community Development’s strong history and experience in New Markets Tax Credit transactions, coupled with our passion for improving the communities around us, make UBCD Alabama’s premier financial partner for economic and community development. Through our NMTC projects, Community Facilities Lending Program and Community Housing Capital Fund, UBCD is working with community development partners in the fields of healthcare, education, manufacturing, public works, affordable housing and more. For more information about UB Community Development, visit our website at www.UBCommunityDevelopment.com.
