Southern Visions

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 of four to five years. It also increased the number of jobs created during construction and once the facility comes online.
• The total cost of the project is $10,915,874 with a $6MM NMTC allocation from UBCD. The total square feet of the real estate that will be leased by the NMTC beneficiary is 111,180 square feet, which includes 106,428 square feet of manufacturing/industrial space and 4,752 square feet of office space.
• Family-owned business with headquarters located in Loxley, AL.
• Rail services near the Bay Minette facility will assist them in growing their granulated sugar business.

City of Satsuma

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 community in Alabama.
• The public safety building was formerly a residential dwelling that currently houses Police & Fire Safety. After several additions it has become antiquated and in desperate need of replacement.
• The new 9,600 square foot building will be located on 7 acres, and will better serve the community and expand the overall quality of the City’s first response capabilities.
• Improvements that will be added to the new facility will include an improved secure area for prisoner housing, decontamination area for personnel and equipment, and an updated dispatch room.