Community Facilities Program

X-Caliber Rural Capital Awarded Top USDA Lender by Volume for Fiscal Year 2023

Retrieved on: 
Tuesday, November 7, 2023
Commercial Building & Real Estate, Agriculture, Construction & Property, Natural Resources, Finance, Banking, Small Business, Professional Services, Water, Top, Chain, ACC Capital Holdings, Creditor, USDA, Entrepreneurship, United States Department of Agriculture, Multimedia, Community Facilities Program, Commercial property, Business, Food, U.S. Department of Agriculture Cotton Annex, Capital, Real estate, Video game

X-Caliber Rural Capital , an affiliate of X-Caliber Capital Holdings and a U.S. Department of Agriculture (USDA)-licensed lender for rural business and economic development projects, today announced it has been named the Top USDA OneRD Lender by volume for fiscal year 2023 by the United States Department of Agriculture.

Key Points: 
  • X-Caliber Rural Capital , an affiliate of X-Caliber Capital Holdings and a U.S. Department of Agriculture (USDA)-licensed lender for rural business and economic development projects, today announced it has been named the Top USDA OneRD Lender by volume for fiscal year 2023 by the United States Department of Agriculture.
  • X-Caliber Rural Capital also received the USDA OneRD Lender of the Year award in recognition of being the only lender to have received agency approval for each of the four USDA OneRD loan programs.
  • X-Caliber Rural Capital achieved the Top Lender and Lender of the Year recognitions just two years after announcing their first loan closing as a company in October 2021.
  • “Product pairing and capital stacking that combines USDA financing with various other capital sources yields strong results,” continued Blanchard.

CoStar Group Sponsored Successful Keep Virginia Beautiful Tree Planting Event

Retrieved on: 
Monday, October 30, 2023
Environment, Commercial Building & Real Estate, Construction & Property, Professional Services, Sustainability, Data Analytics, Other Construction & Property, Recycling, Residential Building & Real Estate, Philadelphia Parks & Recreation, LEED, CoStar Group, Pachira glabra, Tree, Global Operations, Commonwealth, Volunteering, City, Community Facilities Program, LOVE, PRCF, Urban forestry, Platinum, Park, Recreation

This year’s event is a part of CoStar Group's presenting sponsorship of Keep Virginia Beautiful's fall "LOVE VA" campaign to encourage community beautification, litter prevention, and recycling activities in communities throughout the Commonwealth.

Key Points: 
  • This year’s event is a part of CoStar Group's presenting sponsorship of Keep Virginia Beautiful's fall "LOVE VA" campaign to encourage community beautification, litter prevention, and recycling activities in communities throughout the Commonwealth.
  • The planting involved dozens of volunteers from CoStar Group, eager to foster beautiful public spaces in the city they call home.
  • The City of Richmond has been key to CoStar Group’s success and expansion, attracting top-tier talent and a vibrant community.
  • CoStar Group looks forward to finding new opportunities to give back to the community; building a bigger, brighter, and more sustainable Richmond in the months and years to come.

BANKFIRST CAPITAL CORPORATION Reports Third Quarter 2023 Earnings of $8.4 Million

Retrieved on: 
Friday, October 27, 2023
Sale, FRB, Bank, Federal Home Loan Banks, Microenterprise Education Initiative, OTCQX, Acquisition, Bank First, Sycamore Bank, Federal Reserve Bank of St. Louis, Equitable, Community Development Financial Institutions Fund, Federal Reserve Bank, Environment, Community development financial institution, Mechanics Bank, Community development, Risk, Mechanics, Tate, CDFI, Community Facilities Program, Total, Visa requirements for Turkish citizens, ERP, Video game, Cryptocurrency, Rare-earth element, Basel

Net interest income increased 26% to $21.6 million in the third quarter of 2023 from $17.1 million in the third quarter of 2022.

Key Points: 
  • Net interest income increased 26% to $21.6 million in the third quarter of 2023 from $17.1 million in the third quarter of 2022.
  • Net interest income was $21.6 million for the third quarter of 2023, compared to $22.7 million for the second quarter of 2023, a decrease of 5%, and compared to $17.1 million for the third quarter of 2022, an increase of 26%.
  • Noninterest income was $10.1 million for the third quarter of 2023, compared to $6.1 million for the second quarter of 2023, an increase of 65%, and compared to $5.4 million for the third quarter of 2022, an increase of 87%.
  • Noninterest expense was $20.0 million for the third quarter of 2023, compared to $20.5 million for the second quarter of 2023 and $15.2 million for the third quarter of 2022, an decrease of 2.1% and an increase of 32.0%, respectively.

BANKFIRST CAPITAL CORPORATION Reports Second Quarter 2023 Earnings of $6.2 Million

Retrieved on: 
Thursday, July 27, 2023
Federal Home Loan Banks, Uncertainty, Federal Reserve Bank, Federal Reserve Bank of St. Louis, Sycamore Bank, ERP, Sale, Acquisition, The Company, Community Facilities Program, Investment, CDFI, FRB, OTCQX, Mechanics Bank, Community development, Bank, Equitable, Bank First, Community development financial institution, Environment, Tate, Total, Video game, Cryptocurrency, Rare-earth element, Financial adviser, Mechanics

Net interest income increased 50% to $22.7 million in the second quarter of 2023 from $15.1 million in the second quarter of 2022.

Key Points: 
  • Net interest income increased 50% to $22.7 million in the second quarter of 2023 from $15.1 million in the second quarter of 2022.
  • Net interest income was $22.7 million for the second quarter of 2023, compared to $23.5 million for the first quarter of 2023, a decrease of 3%, and compared to $15.1 million for the second quarter of 2022, an increase of 50%.
  • Noninterest income was $6.1 million for the second quarter of 2023, compared to $5.5 million for the first quarter of 2023, an increase of 12%, and compared to $5.0 million for the second quarter of 2022, an increase of 24%.
  • Noninterest expense was $20.5 million for the second quarter of 2023, compared to $19.5 million for the first quarter of 2023 and $11.9 million for the second quarter of 2022, an increase of 5% and 72%, respectively.

BANKFIRST CAPITAL CORPORATION Reports First Quarter 2023 Earnings of $7.1 Million

Retrieved on: 
Thursday, April 27, 2023
External commercial borrowing, Federal Home Loan Banks, Federal Reserve Bank, U.S. Department of the Treasury, Office of Inspector General, Federal Reserve Bank of St. Louis, Sycamore Bank, U.S. Department of Defense Strategy for Operating in Cyberspace, Current Expected Credit Losses, Accounting standard, Finance, Treasury, Financial Accounting Standards Board, Acquisition, Community Facilities Program, CDFI, FRB, CECL, OTCQX, Mechanics Bank, Bank, Growth, Community development, Bank First, Environment, Tate, Total, Video game, Cryptocurrency, Risk management, Mechanics

Net income totaled $7.1 million, or $1.33 per share, in the first quarter of 2023 compared to $4.5 million, or $0.85 per share, in the first quarter of 2022.

Key Points: 
  • Net income totaled $7.1 million, or $1.33 per share, in the first quarter of 2023 compared to $4.5 million, or $0.85 per share, in the first quarter of 2022.
  • Net interest income increased 53% to $23.5 million in the first quarter of 2023 from $15.3 million in the first quarter of 2022.
  • Net interest income was $23.5 million for the first quarter of 2023, compared to $21.3 million for the fourth quarter of 2022, an increase of 10%, and $15.3 million for the first quarter of 2022, an increase of 53%.
  • Noninterest income was $5.5 million for the first quarter of 2023, compared to $4.5 million for the fourth quarter of 2022, an increase of 22% and $5.1 million for the first quarter of 2022, an increase of 9%.

Mori Building to Open Toranomon Hills Station Tower this Coming Autumn

Retrieved on: 
Tuesday, January 24, 2023
Architecture, Restaurant, Bar, Alternative Energy, Energy, Food, Beverage, Commercial Building & Real Estate, Construction & Property, Other Transport, Retail, Urban Planning, Transport, Interior Design, South Station Tower, Life, Privacy, Community Facilities Program, Station, Tokyo Metro Hibiya Line, WELL, Completion, Pedestrian, Azabudai Hills, Building, Toranomon, Creativity, Space Copenhagen, Michelin, Communication, Platinum, LEED, Coffeehouse, Tunnel, Hotel, Mobile telephony, Roppongi Hills, Toranomon Hills, Toranomon Hills Station

Mori Building Co., Ltd., Japan’s leading urban landscape developer, announced today that the 49-story Toranomon Hills Station Tower will open this coming autumn.

Key Points: 
  • Mori Building Co., Ltd., Japan’s leading urban landscape developer, announced today that the 49-story Toranomon Hills Station Tower will open this coming autumn.
  • (Graphic: Business Wire)
    Toranomon Hills Station Tower is a multi-purpose 266-meter high tower with 49 floors above ground and 4 floors underground.
  • By integrating the overall development with Toranomon Hills Station on the Tokyo Metro Hibiya Line, the tower will be complemented by a large and bustling station plaza and a pedestrian deck measuring 20 meters in width above Sakurada-dori Avenue (National Route 1), offering access to Toranomon Hills Mori Tower Oval Square.
  • The Toranomon Hills will be expanded to 7.5ha and total floor space of 800,000m2 with the opening of Toranomon Hills Station Tower in autumn, 2023.

UB Community Development Announces $42.5 Million in New Markets Tax Credit Funds to Enviva Pellets Epes Finance Company, LLC

Retrieved on: 
Friday, July 15, 2022
Coal, History, UB, Cogeneration, New Markets Tax Credit Program, Tennessee–Tombigbee Waterway, CHP, Wood, United Bank, LLC, Community Facilities Program, Plant, NMTC, Tombigbee River, Port, Education, Enviva, Sawmill

ATMORE, Ala., July 15, 2022 /PRNewswire/ -- UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today the closing of a $42.5 million New Markets Tax Credit (NMTC) allocation to support the building of the world's largest wood pellet plant in Epes, Alabama.

Key Points: 
  • ATMORE, Ala., July 15, 2022 /PRNewswire/ -- UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today the closing of a $42.5 million New Markets Tax Credit (NMTC) allocation to support the building of the world's largest wood pellet plant in Epes, Alabama.
  • Enviva is the largest producer of industrial wood pellets, a renewable energy alternative to fossil fuels.
  • Enviva's sustainable wood pellets are designed to provide consistent, reliable results for a wide range of heat- and power-generating customers.
  • UB Community Development's strong history and experience in New Markets Tax Credit transactions, coupled with our passion for improving the communities around us, make UBCD Alabama's premier financial partner for economic and community development.

United Bancorporation of Alabama, Inc. Announces First Quarter Results

Retrieved on: 
Tuesday, April 26, 2022
Community Facilities Program, National bank, EPS, UB, Education, Sale, FDIC, New Markets Tax Credit Program, NMTC, History, United Bank, Summerdale, Income, Pace, Online gambling, Security (finance), Bank, Daphne, United

ATMORE, Ala., April 26, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development announces its financial results for the first quarter ended March 31, 2022.

Key Points: 
  • ATMORE, Ala., April 26, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development announces its financial results for the first quarter ended March 31, 2022.
  • Earnings per share for the three-month period was $0.76 compared to $0.96 for the same period in 2021.
  • United reported total assets of $1.2 billion at March 31, 2022 as compared to $949.0 million at March 31, 2021, an increase of $248.7 million or 26.2%.
  • United Bank is a $1.2 billion financial institution that has enjoyed 117 years of continuous service to Atmore, Alabama and surrounding communities.

The Option Group Releases Free Resource Guides to Help Adult Children Care for Aging Parents

Retrieved on: 
Monday, October 18, 2021
Community Facilities Program, Parent, Disability, Ageing, Master of Education, Time, Adult, Education, Frustration, Health, Dementia, Address space, CCM, CRC, Acquisition, Communication, Quality of life, Pressure, Medicine

A Guide to Caring for Your Aging Parents and Addressing Sensitive Issues: A Helpful Guide to Talking with Your Aging Parents .

Key Points: 
  • A Guide to Caring for Your Aging Parents and Addressing Sensitive Issues: A Helpful Guide to Talking with Your Aging Parents .
  • The Option Group team also includes many aging life care managers who are certified by the Aging Life Care Association.
  • Advisors also benefit from this approach as they can trust The Option Group to take good care of their clients.
  • The Option Group helps families spend quality time with their loved ones, providing clear choices that lead to better care.

UB Community Development LLC Announces Funding for Buc-ee's Store in Auburn, Alabama

Retrieved on: 
Wednesday, October 6, 2021
Community Facilities Program, Health, Program, United Bank (Atlanta metropolitan area), NMTC, Interstate 85, Treasury, Coffee, FDIC, United States Department of the Treasury, Interstate Highway System, Silver Hill, UB, Summerdale, LLC, Pace, Housing, United Bank, History, Investment, New Markets Tax Credit Program, Education, Department, Bank

This will be the fourth Buc-ee's convenience store in Alabama and will create over 175 jobs in the Auburn community.

Key Points: 
  • This will be the fourth Buc-ee's convenience store in Alabama and will create over 175 jobs in the Auburn community.
  • UB Community Development was recently awarded a $65 million New Markets Tax Credit (NMTC) allocation by the Department of the Treasury.
  • For more information about UB Community Development, or for help with planning your next funding project, contact Alex Jones, President, UB Community Development at (251) 446-6017 or email [email protected] .
  • For more information about UB Community Development, visit our website at www.UBCommunityDevelopment.com.