UB Community Development, LLC

About UB Community Development, LLC

UB Community Development (UBCD), a subsidiary of United Bancorporation of Alabama and a community development partner of United Bank, is dedicated to enhancing social and economic conditions in communities across the Southeast and beyond. UBCD provides funding solutions to stimulate commercial investment, job creation, and access to goods and services through initiatives like New Markets Tax Credits, Community Facilities Lending, and Community Housing Capital, focusing on rural economic development and community support.

Products & Services

New Markets Tax Credit:A program providing funding solutions for community development projects in qualifying census tracts, aimed at stimulating commercial investment and job creation.

Community Facilities Lending Program:A lending option to improve essential community facilities such as healthcare, public works, and municipal facilities.

Loan & Investment Fund:Funding solutions to support business expansion and community projects in rural areas.

Community Housing Capital:Financing for affordable housing projects and multi-family community housing initiatives.

Specialties

New Markets Tax Credits Community Facilities Lending Affordable Housing Financing Rural Economic Development Community Housing Capital Small Business Funding

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: New Markets Tax Credit T: - FT: New Markets Tax Credit	A: 11000000 MR: - FA: $11 million FAN: 11000000	D: 2026-01-12 FD: 2026-01-12	1 investors
2	RT: New Markets Tax Credit T: - FT: New Markets Tax Credit	A: 10500000 MR: - FA: 10.5 million FAN: 10500000	D: 2025-05-07 FD: 2025-05-07	2 investors
3	RT: Grant T: - FT: Grant	A: 9000000 MR: - FA: $9 million FAN: 9000000	D: 2024-10-28 FD: 2024-10-28	1 investors

New Markets Tax Credit Latest

2026-01-12

$11.0M

1 investor (Pro only)

New Markets Tax Credit 2025-05-07

$10.5M

Grant 2024-10-28

$9.0M

View 2 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

S

Stacy Harris

Author at UB Community Development

A

Alex Jones

Senior Managing Director and President

LinkedIn (Pro only)

J

Joe Raines

Managing Director

LinkedIn (Pro only)

J

Jeff Keenum

Director New Markets Tax Credits

K

Kristina Stone

Director, Community Housing Capital

View 2 more team members with Pro

Unlock Full Team Directory

Recent News