UB COMMUNITY DEVELOPMENT:
BUILDING A BETTER COMMUNITY FOR EVERYONE
UB Community Development is a subsidiary of United Bancorporation of Alabama and a community development partner of United Bank. Our designation as a Community Development Entity (CDE), which we received in 2016, allows us to use New Markets Tax Credits, Community Facilities Lending, Community Housing Capital and Capital Magnet Funds to bring investment dollars that create good jobs, build affordable housing and improve infrastructure and public services to rural, low income and underserved communities in our region.
What has now become an integral part of our overall mission and strategy, our work as a CDE has enabled us to bring together federal financing programs, private investment, businesses large and small, municipalities, towns, nonprofit organizations, and developers — all with the goal of increasing opportunity, facilitating growth, and improving the quality of life for everyone who lives or works in the communities we serve.