Project Address 3680 AL-81 N Tuskegee, AL 36083 Project Name The Skegee Travel Center in Tuskegee, Alabama Community Profile Poverty Rate: 32.8% Unemployment Rate: 5% Household Median Income: $21,180 Community Impact The 10,000 square foot travel center will help create an estimated 38 full-time and nine part-time jobs as well as six direct construction [...]
Project NameALDICommunity ProfilePoverty Rate: 29.5%Unemployment Rate: 4%Household Median Income: $33,013Job CreationThe construction associated with the development of the project is expected to create up to 250 direct, full-time equivalent jobs. Uponcompletion, the company anticipates creating 120 FTE jobs based on expected operations of the facility.Project HighlightsProviding NMTC allocation to ALDI helps the center achieve internal [...]
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 [...]
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 [...]
Project Name Publix Retail Project Success Story Amount of NMTC Allocation from UBCD $7 Million Community Profile Poverty Rate: 26.1% Unemployment Rate: 15.3% Household Median Income: $42,172 Job Creation 100 full-time and part-time Project Highlights From the project, a charitable contribution in the amount of $35,000 will go to United Bank’s Charitable Foundation which will then be [...]
Project Name Sterling Packaging, Inc. Amount of NMTC Allocation $8.5 Million Community Profile Poverty Rate: 39.9% Unemployment Rate: 27.1% Household Median Income: $32,429 Job Creation 84 Full Time Jobs Project Highlights NMTC was a critical component to the Sterling Project, filling the financing gap From this transaction, Sterling made contributions in the amount of $42,500 to local [...]
Project Name City of Satsuma Public Safety Building Amount of Community Facilities Lending Program Allocation $2 Million Community Profile Poverty Rate: 10.3% Unemployment Rate: 4.2% Household Median Income: $59,311 Project Highlights Satsuma is a relatively small city located in the state of Alabama. With a population of 6,193 people and just one neighborhood, Satsuma is the 98th largest [...]
Project Name Pursell Agri-Tech, LLC Amount of NMTC Allocation $7 Million Community Profile Poverty Rate: 25.7% Unemployment Rate: 5.5% Household Median Income: $34,568 Job Creation 50 full time jobs 10 full time jobs 18 temporary construction jobs Project Highlights Talladega County’s unemployment rate is higher than the state average, but has dropped significantly in the last year. [...]
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