Joseph Raines

UB Community Development (UBCD) is dedicated to meeting the needs of communities with a mission stimulating commercial investment and job creation in targeted communities. UBCD, a community development partner of United Bank, was recently certified by the U.S. Department of Treasury as a Community Development Entity (CDE). Founded in 1904, United Bank, has a history of providing exceptional customer service and innovative technology to our customers, which has endured the test of time and is at the heart of our continued expansion into new markets. UBCD’s New Market Tax Credit program and Community Facilities Loan Program options provide funding solutions for community development projects located in qualifying census tracts. We bring a knowledgeable management team with the experience and ability to lend. Our New Market Tax Credits and Community Facilities Loan Program loans are being used to help to fund small businesses and finance projects related to education, healthcare, manufacturing, hospitality, non-profits and community centers. The projects funded through UBCD’s new market tax credits and Community Facilities Loan Programs will create jobs in communities, provide goods, services and housing options and ultimately improve access to quality healthcare and affordable food options in low-income areas. Our past performance as an experienced leverage lender in NMTC transactions coupled with our passion for improving the communities around us, make UBCD Alabama’s premier financial partner for rural economic and community development.