UB Offers $65M in New Market Tax Credit Funding

UB Community Development, a partner of Atmore-based United Bank, has received $65 million in New Market Tax Credit authority, which it will allocate to projects throughout its Alabama and Florida service area. UB Community Development was the only Alabama-headquartered institution to receive the federal allotment. In three previous allocations, UBCD has received $185 million, which…

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