UB Community Development, LLC (UBCD), a community development partner of United Bank, provided $7.5 million in New Markets Tax Credit funds for Dadeville Pole Company, LLC (DPC) to construct a utility pole manufacturing facility in Tallapoosa County, Alabama. PB Community Impact Fund, LLC of Mendenhall, Mississippi provided a $7.5 million federal NMTC allocation and UBCD […] Birmingham YMCA used NMTC allocation to renovate their existing sq. ft. Northeast Youth Center Magic City Acceptance Academy (MCAA), the first LGBTQ+ affirming school in the Southeast, partnered with Farrismarie Properties, a local multi-family and commercial developer, to develop a facility for their Title I, non-profit public charter school for grades 6-12. MCAA provides a brave and positive learning environment for students who often have a history of isolation […] Alabama School of Math and Science (ASMS), founded in 1989 by the state legislature, is the state’s only free, fully public, and residential high school for sophomores, juniors, and seniors seeking advanced studies in math, science, computer science, and the humanities. The school’s mission is to give students across Alabama access to a research-focused, college-level, […] Colormasters Inc., a key player in flexible packaging since 1986, has seen remarkable growth, expanding from a 10,000 sq. ft. facility with one bag machine to over a million sq. ft. of manufacturing and warehousing space. Housing over 24 machines, they provide packaging and film solutions to the market. Their extrusion facility, established in 2012 […] The UB Community Development LLC (UBCD) community development subsidiary of Altmore, Alabama-based United Bancorporation of Alabama (United Bank) will provide a $10 million Federal NMTC allocation to Ecore International Inc. Lancaster, Pennsylvania-based Ecore is repurposing and equipping a 225,000-sq. ft. manufacturing facility in Ozark, Alabama, to recycle end-of-life truck tires to make flooring and surfacing […] Opened in 2018, UCS is a non-profit PreK-12 charter school in Livingston, Alabama. This small town is anchored by the University of Western Alabama (UWA), and the school currently shares a facility and programming with UWA’s Department of Education. Livingston has a poverty rate of 51.4% and an unemployment rate of 19.2% (2.31 times the […] Renovation and restoration of the vacant 47,000 sq. ft. 90-year old historic Edwards Motor Company building. This transaction will provide additional benefit to a multi-tenant health care and wellness facility serving low-income, uninsured, and under-insured people living with HIV/AIDS in Birmingham, AL. The 80,000 s.f. facility was specifically designed for patient use and provides its tenants with desperately needed space to expand operations and serve more patients at the highest standard […] The project at Fairfield will include the removal of antiquated equipment and installation of new, modernized manufacturing equipment. The current plant configuration and equipment are not setup for use in manufactuing magnesia carbon refractrories. The initial plant facility was closed in 2019 and approximately 100 jobs were lost when HWI made the entrepreneurial decision to […] This project supported a company which assembles and produces manufactured homes for sale throughout the Southern U.S. $13.5 million in New Markets Tax Credit allocations toward the silicon metal manufacturing facility in Selma, Alabama R & B Machine is a leading manufacturer of highly engineered aerospace components and assemblies, specializing in the precision machining, fabrication and EDM of complex, tight tolerance, mission critical metal alloy components for the satellite, aerospace, defense, energy,medical device and other high-tech related sectors. This LEED Certified project consists of a new 2-story, approximately 42,000 square feet detached educational & administration building for Faulkner State Community College (now Coastal Alabama Community College). This building is situated at the North East corner of the Bay Minette campus adjacent to the dorms. This building includes student services (Registrar, Admissions, Financial Aid, […] Construction of 122 affordable single-family homes for Habitat for Humanity in an area that suffered from extensive damage from Katrina. Federally Qualified Health Center has expands its mission with new facility. The building of the world's largest wood pellet plant in Epes, Alabama. Enviva is the largest producer of industrial wood pellets, a renewable energy alternative to fossil fuels. Enviva's sustainable wood pellets are designed to provide consistent, reliable results for a wide range of heat- and power-generating customers. Countries in Europe, Asia and the Caribbean […] Precision Engineering, Inc., has positioned itself as a regional leader in the industrial automation field. Founded in 1994 and headquartered in Mobile, Alabama, PEI has registered professional engineers in Alabama, Mississippi, Georgia, Florida, Louisiana, and South Carolina. PEI has a proven history of creating jobs in the Mobile community spanning over 22 years. Beginning with The Building Hope project is a new construction of a 30,230 sq. ft. facility with both shelter and longer-term housing for 64 single adult women and 48 families. The rehabilitation and new construction of a public charter elementary school. The project was for the purchase of a large piece of equipment and the construction of real estate needed to house the new equiment. Construction of a 6,919 sq. ft. office facility that provides convening space for agencies, businesses, and community leaders to meet and address issues. Financing for a multi-use facility that anchors Jones ValleyTeaching Farm and creates an inviting permanent infrastructure that will reach more students, teachers, and surrounding community members—locally, regionally, and nationally. Purchase and installation of new equipment for the expansion of a manufacturing operation in rural Albertville, AL. The $191.6 million facility will produce approximately 250 million board feet of pine lumber annually|taking advantage of the company’s nearby timberland and other facilities. Thomasville Regional Medical Center, LLC, in partnership with the City of Thomasville, constructed a $44.3 million, 68,320 sq. ft. new hospital in rural Thomasville, Alabama. NMTCs Put Major Construction at Iconic Alabama College over the Top Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology. Manufacturer of proprietary 'black' wood pellet. Mar-Jac is a fully integrated poultry production company operating in GA, AL, and MS. An expansion of Camp McDowell, a private retreat and camp that primarily serves people with disabilities and low-income persons. The relocation of a Canadian based company to Alabama where it opened a packaging facility. This project involves the acquisition and rehabilitation of multiple commercial buildings in downtown Monroeville, AL. The project brought a big boost to Monroeville's downtown corridor. The construction for this project includes a new oncology department and renovations to the emergency department. NMTC financing for the Waterfront Rescue Mission, a major expansion project. This project funded construction of a new $13M twin bay airplane paint shop, as part of MAAS’ $22.36M overall investment in the Airbus facility located at Brookley Aeroplex in Mobile, AL. Goodwill Easter Seals of the Gulf Coast is a nonprofit agency serving 12 counties in the Alabama-Florida Gulf Coast area. Goodwill Easter Seals of the Gulf Coast is a nonprofit agency serving 12 counties in the Alabama-Florida Gulf Coast area. Renovation of the historic Barton Academy Building into an internationally focused, public school within the Mobile County Public School System. Financing for a new Southern Visions facility located in Bay Minette, Alabama. Development of feed mill facility creating jobs with benefits including healthcare, retirement, and advancement training. Financing for the addition of a state-of-the-art, 24,000 square foot building to the existing facility as well as installing a new Annealing Furnace, Water Cooling System and Melting Furnace, which raised production capacity to 110 million pounds per year. The 5th phase in a 5-phase commercial development located at the Project site in Foley, AL. A Flomaton-based peanut warehousing facility received $11.6 million in NMTC funds to consolidate ownership among its family farmer members. Financing for Arista Aviation, a FAA-certified Part 145 repair station, providing maintenance, repair and overhaul services for rotary wing platforms, including airframes and avionics. Alabama Aircraft Support, since renamed Arista Aviation, constructed a new 60,000 square foot hanger outfitted with the latest equipment and technology necessary to provide Maintenance Repair and Overhaul services for civilian and military helicopters. A new transitional housing facility combines workforce development, meals, and other educational programs. An old Sears store that lay vacant for over 20 years is the new site of the Entrepreneurial Center located in the heart of Birmingham's Downtown West Urban Redevelopment District. Financing for a business that designs, manufactures, and services seismic equipment. Gulf Coast Agricultural and Seafood Co-Op, is a non-profit first-of-its-kind facility turning seafood processing waste into fertilizer. NMTC equity helped fund the construction of a 105,000-sq. ft. office building at Auburn University in Alabama. Through NMTCs, UB Community Development was able to provide this small business with the adequate funding needed to complete their desired upgrades. A new 475,000-sq. ft. facility sources peanuts within a 200 mile radius from farms in Mississippi, Alabama, Georgia and Florida and creates 130 permanent jobs with training and career advancement opportunities in addition to 95 construction jobs. Brown Precision to Open Facility in Atmore Bringing 100 New Jobs A surgery center expansion that focuses on lower-acuity, out-patient based surgeries. The NMTC helped the Westervelt Company to build a new wood pellet manufacturing facility in Aliceville, Ala. After sitting vacant for more than a decade, the former WestPoint Stevens building in Abbeville is now buzzing with new life and 115 jobs after a $40 million transformation by Great Southern Wood.