Mike Rogers (R-AL03)

Impact in the District

Between 2005 and 2023, there was $268.2 million in total lending from CDFI Fund award recipients, including $129.1 million in loans to businesses and entrepreneurs, $62.8 million in housing development and mortgage lending, $20.5 million in consumer lending, $51.2 million in lending to commercial real estate and community facilities, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
Auburn Research Park
UB Community Development, LLC, a community development partner of United Bank, has announced $6.8 million in funds to the Auburn Research and Technology Foundation to build and develop the Research and Innovation Center.
Carillon Oaks Assisted Living Memory Care
UB Community Development, LLC, a community development partner of United Bank, has provided $7 million funding as part of a $13 million project to transform the historic Cleburne County High School, a National Historic Landmark, into Carillon Oaks, a state-of-the-art senior living facility.
Dadeville Pole Company
$7.5 million in funds for Dadeville Pole Company, LLC (DPC) to construct a utility pole manufacturing facility in Tallapoosa County, Alabama. PB Community Impact Fund, LLC of Mendenhall, Mississippi provided a $7.5 million federal NMTC allocation and UBCD will also manage the investment on behalf of the federal NMTC.
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.
Knauf Insulation Inc
Project will upgrade, expand and operate an insulation manufacturing plant utilizing recycled glass. Knauf, a manufacturer of insulation to increase energy efficiency, expanded their existing manufacturing facility to meet increased demand
Pursell Success Story
For more than a century, Pursell has been a leader in the fertilizer industry, known for developing innovative controlled release fertilizer technologies and micronutrient delivery systems. In October 2017, Pursell launched Pursell Agri-Tech to continue to add to its plant nutrition legacy. Headquartered in Sylacauga, Alabama, Pursell Agri-Tech has developed a new technology to coat fertilizers at very competitive cost levels.
CDFIs with Branches in the District
AOD Federal Credit Union
AOD Federal Credit Union
AOD Federal Credit Union
AOD Federal Credit Union
AOD Federal Credit Union
AOD Federal Credit Union
AOD Federal Credit Union
Guardian Credit Union
Liberty Bank and Trust Company
River Bank & Trust
River Bank & Trust
River Bank & Trust
River Bank & Trust
River Bank & Trust

Map of CDFI Branches and Stories in

Alabama Fact Sheet