Alabama Data and Stories

Map of Selected Projects in Alabama

Community Testimonials

We have personally seen the impact that NMTCs can have on providing capital to projects in the rural communities we serve. Without them projects too numerous to mention would have struggled to come to fruition. You can see examples of these projects on our website: www.ubcommunitydevelopment.com.

-Alex Jones, United Bank, Atmore, Alabama

Selected Projects in Alabama

Investment into manufacturer restores lost jobs and helps to revitalize distressed community.
A pipe manufacturing plant expanded operations and brought skilled jobs to Selma, AL
Birmingham YMCA used NMTC allocation to renovate their existing sq. ft. Northeast Youth Center

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

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

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.

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.

$13.5 million in New Markets Tax Credit allocations toward the silicon metal manufacturing facility in Selma, Alabama

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

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

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

Renovation and restoration of the vacant 47,000 sq. ft. 90-year old historic Edwards Motor Company building.

Site visits and recent news related to Alabama NMTC Projects