Projects

City of Montevallo

Project Address 545 Main Street Montevallo, AL 35115 Project Name City of Montevallo Montevallo, Alabama Amount of Community Facilities Lending Funds $2,050,000 Community Profile Population: 6,645 Unemployment: 2.1% Poverty: 20.1% Household Median Income: $41,720 Community Impact The City is renovating the old building and has secured a brewery, two restaurants and a bike-sharing program [...]

City of Montevallo 2021-07-01T21:07:08+00:00

ACH URGENT CARE

Project Address 406 Medical Park Drive Atmore, AL 36502 Project Name ACH Urgent Care Atmore, Alabama Amount of Community Facilities Lending Funds $3.5 Million Community Profile Population: 9,749 Unemployment: 3.6% Poverty: 32.2% Household Median Income: $25,955 Community Impact The new Urgent Care Clinic will provide currently underserved Escambia County residents with expanded hours, convenient walk-in [...]

ACH URGENT CARE 2021-03-30T16:44:14+00:00

RealtyMasters

Project Address 632 Smith Road Albertville, AL 35951 Project Name RealtyMasters, LLC. Railyard Facility Albertville, Alabama Amount of New Markets Tax Credits $7 million Community Profile Population: 21,460 Unemployment: 3.3% Poverty: 28.5% Household Median Income: $40,047 Community Impact The funds will be used to construct a 15-acre railyard to supply materials at RealtyMasters, LLC, an [...]

RealtyMasters 2021-02-11T20:32:36+00:00

Coastal Growers

Project Address 437 Industrial Park Road Atmore, AL 36502 Project Name Coastal Growers Peanut Shelling Plant Atmore, Alabama Amount of New Markets Tax Credit Funds $10 million Community Profile Population: 9,107 Unemployment: 2.7% Poverty: 34.6% Household Median Income: $26,118 Community Impact The new 475,000-square-foot facility will source peanuts within a 200 mile radius from [...]

Coastal Growers 2021-03-04T18:10:28+00:00

Graceway Apartments

Project Address20815 Bishop RoadFairhope, AL 36532Project NameGraceway ApartmentsFairhope, AlabamaAmount of Capital Magnet Fund$550,000Community ProfilePopulation: 22,085Unemployment: 2.7%Poverty: 10.1%Household Median Income: $58,767Community ImpactGraceway is a 48-unit senior development with 44 one-bedroom units and 4 two-bedroom units. Eighteen units are reserved for households at or below 60 percent of the area median income and 30 units serve households [...]

Graceway Apartments 2021-02-08T22:06:45+00:00

Escambia Peanut Company, LLC

Project Address 880 Old Sardine Road Flomaton, AL 36441 Project Name Escambia Peanut Company, LLC Flomaton, Alabama Amount of New Markets Tax Credit Funds $11.6 million Community Profile Population: 37,000 Unemployment: 6.5% Poverty: 24% Household Median Income: $35,000 Community Impact The farmer-members will use the NMTC funding to purchase new equipment, expand to existing [...]

Escambia Peanut Company, LLC 2020-11-24T20:58:10+00:00

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

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 [...]

City of Brewton and Brewton Development Authority 2021-06-11T20:37:05+00:00

Satsuma Fire Department

Project Address 5840 Old Highway 43 Satsuma, AL 36572 Project Name City of Satsuma Fire Truck Satsuma, Alabama Amount of Community Facilities Lending Funds $447,000 Community Profiles Population: 6,157 Unemployment: 4.7% Median Household Income: $63,611 Poverty Rate: 9.5% Community Impact The Satsuma Fire Department serves more than 7,000 Satsuma residents within 10 square miles. [...]

Satsuma Fire Department 2020-08-20T21:40:48+00:00

Atmore Sanitation Department

Project Address 412 East Ridgeley Street Atmore, AL 36502 Project Name Atmore Sanitation Department Atmore, Alabama Amount of Community Facilities Lending Funds $1 Million Community Profiles Population: 9,354 Unemployment: 4.6% Median Household Income: $25,955 Poverty Rate: 23.5% Community Impact Improved sanitation efforts will enhance the city’s environmental health and provide for a greener, cleaner city. [...]

Atmore Sanitation Department 2020-06-30T17:34:18+00:00
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