#USA #Workforce Development #UB Community Development #EARTH Hub #Sylacauga

East Alabama Rural Innovation and Training Hub (EARTH)

The East Alabama Rural Innovation and Training Hub, known as EARTH, is set to transform workforce development in the region with substantial financial support from the UB Community Development, LLC (UBCD). Recently, EARTH secured a remarkable $7 million New Markets Tax Credit (NMTC) allocation, aimed at converting a 125,000-square-foot facility into a multifunctional community center. This initiative comes at a crucial time for East Alabama as it seeks to rejuvenate its workforce and economy.

The building, once renovated, will not only serve as the operational base for the Sylacauga Alliance for Family Enhancement (SAFE) but also provide vital services such as small business incubation and a venue for performing arts and community events. This holistic approach is designed to foster entrepreneurship and community spirit while addressing pressing employment needs in the area.

A Mission to Revitalize

EARTH's core mission is clear: to create an efficient workforce development system tailored to the evolving needs of both individuals and businesses. With the aim of serving approximately 11,000 people annually, the facility will be pivotal in preparing the local workforce for diverse job sectors including healthcare, hospitality, transportation, manufacturing, technology, early education, and agriculture.

Alex Jones, President of UB Community Development, emphasized the importance of this project, especially in light of the historical challenges faced by the community: "In 2006, the closure of Avondale Mills resulted in significant job losses, impacting over 4,000 workers in Alabama. Our commitment is to revive such textile communities and bring jobs back to the region. Supporting EARTH and SAFE reflects a step forward in countering the effects of job offshoring."

Community Collaboration

The financing provided through the NMTC initiative represents a concerted effort towards local economic improvement. The collaboration involves various regional leaders and reflects strong support from the local community. The project plans to introduce training programs in aviation, cybersecurity, business incubation, and research and development, responding directly to the job market's demands.

In addition to its immediate goals, EARTH has been recognized as Alabama's Region 2 STEM Ecosystem Network Hub. This designation will further enhance training and educational opportunities, positioning the community as a center for innovation and technology skills development.

About UB Community Development

Founded with a mission to uplift communities, UB Community Development operates from its headquarters in Atmore, Alabama. With a rich history in New Markets Tax Credit transactions, UBCD strives to improve the economic landscape of Alabama. The firm provides financing solutions targeting various sectors such as healthcare, education, and manufacturing, contributing to sustainable community growth. For further information, you can visit UB Community Development's website.

Conclusion

The renovation of the EARTH facility marks a significant milestone for East Alabama's workforce and economic revitalization. By bridging funding with community needs, this initiative promises to lay down the groundwork for a brighter and more prosperous future for countless individuals and families in the region. The convergence of innovation, education, and community support at EARTH stands as a beacon of hope and progress, effectively addressing the challenges posed by historical economic downturns and setting a course for recovery and growth.