UB Community Development (UBCD), a Community Development partner of United Bank, offers Community Housing Capital investments as part of its commitment to strong, inclusive neighborhoods and diverse housing opportunities. Low-income individuals and families across the region experience difficulty finding affordable housing, with many spending over half of their paychecks on rent. This burden leaves little income for other necessities such as food, medical care, transportation, and savings.
United Bank is a designated Community Development Financial Institution (CDFI), and this allows UBCD to access funding which can be strategically leveraged with the bank’s own resources to create catalytic impact in communities throughout the region. Capitalizing on new and emerging industry relationships, UBCD understands the dynamic environment of affordable housing and seeks to be a nimble lender who can provide the critical financing that makes developments possible. Through these financing partnerships, more low and moderate income people will have quality housing options within their financial reach.