Alabama Facts and Stories

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Alabama Stories

Gordon Rebounds
Rural Alabama Town Finds Its Footing After Years of Struggle
Sixth Avenue Baptist FCU Helps a Member Rebuild with Grace
A Birmingham Family Finds Hope and Housing Stability Through Faith-Rooted Financial Support
Rural Grocery Store Revitalization
OPAL’s CGA program recruited new owner and introduced two CDFIs to upgrade equipment and facades of Market Place in Livingston.
OZ‑Invested Industrial Development
OPAL helped structure Opportunity Zone investment via OPAL Fund into REAL Park, bringing industrial jobs and investment to Tuskegee area.
Downtown Historic Revitalization
OPAL helped InVictus Development with capital stack strategy and CDFI lending to launch two revitalization projects near Edmund Pettus Bridge.
Downtown Revitalization & Workforce Housing
Market Lofts on 3rd brings 192 workforce housing units to Birmingham’s Loft District via OPAL Fund and a historic rehab tax credit.
Grant‑Funded Revolving Loan Fund
OPAL helped create a grant‑funded revolving small business loan fund for downtown Marion, launching first loans in 2024.
United Bank
Dedicated to meeting the needs of economically disadvantaged and underserved communities.
Inclusiv Story – Sixth Avenue Baptist FCU
Sixth Avenue Baptist FCU’s mission is to create quality financial relationships for a lifetime by providing valuable financial products and Christian-based financial services to our membership. We are a member-focused organization committed to exceeding expectations in everything we do and improving the lives of others.
Embroidery Business Sews a Missing Thread in Alabama
Alabama-based Epiphanys recently received a $350,000 acquisition loan from LISC to expand its capacity to serve federal agencies and fuel growth through new contracts. The loan was supported by Truist, Mackenzie Scott, and the Wells Fargo Open for Business Fund.
Hueytown Fire Department
UB Community Development, LLC, a community development partner of United Bank, has announced $1,000,000 in Community Facilities Lending funds designated to the Hueytown Fire Department for the purchase of a new fire engine.
Jackson Village Apartments Success Story
United Bank and UB Community Development provided $3,300,000 in construction financing to The Bennett Group for the renovation of Jackson Johnson Townhomes, a 42-unit affordable multifamily project in Marion, Alabama. United Bank also provided a $350,000 permanent loan to the development upon construction completion. Funding for this loan was made possible due to the bank’s Capital Magnet Fund award.
Map of CDFI Branches in Alabama