UB Community Development's $12.5 Million Investment in DeFuniak Springs Healthcare Facility Advancement

Revitalizing Healthcare in DeFuniak Springs with UB Community Development

In April 2025, UB Community Development, LLC (UBCD), celebrated the successful closure of a permanent financing deal valued at $12.5 million. This significant investment is set to transform North Walton Doctors Hospital, an essential healthcare facility located in DeFuniak Springs, Florida. The project is supported by a New Markets Tax Credit (NMTC) allocation, aiming to bolster healthcare services in the rapidly developing region of northern Walton County.

North Walton Doctors Hospital spans an impressive 80,000 square feet and is positioned to be the cornerstone of medical care in this area. The state-of-the-art facility will offer a range of essential services, including an emergency department, fully equipped operating rooms, laboratory services, and radiology departments. Designed to cater to both emergencies and specialized procedures, the hospital will host treatments spanning Orthopedics, Spinal surgery, and several other medical domains. The array of services ensures that residents have access to high-quality care right in their community.

Alex Jones, President of UB Community Development, emphasized the importance of this milestone by stating, “Assisting North Walton Doctors Hospital in serving the City of DeFuniak Springs and the entire north end of Walton County is why UB Community Development was established.” Jones added, “We truly appreciate the confidence that the North Walton team placed in UBCD during the closing of this transaction.”

The NMTC allocation is pivotal, as it provides substantial upgrades in the quality of healthcare services for the citizens of Walton County. The revitalization project is anticipated to create 88 full-time jobs and will accommodate care for up to 12,000 patients annually. The healthcare professionals involved are dedicated to prioritizing patient well-being, with a mission to deliver compassionate and top-tier emergency and surgical care.

As UBCD continues its commitment to improving local communities, it aims to leverage such successful partnerships to impact various sectors, from healthcare to education and beyond. Their expertise in NMTC transactions positions them as a leading financial partner fostering economic and community development.

Based in Atmore, Alabama, UB Community Development thrives on its long-standing commitment to enhancing community welfare through strategic investments. Their NMTC projects reflect a robust focus on healthcare, education, affordable housing, and comprehensive community improvement efforts.

In conclusion, the renovation and upgrading of North Walton Doctors Hospital not only promises to advance healthcare accessibility in DeFuniak Springs but signifies a model of how community investment can lead to tangible benefits in health and well-being for residents. The strategic allocation of resources marks a bright future for this growing community, underscoring the essential role of public-private partnerships in fostering regional development.

For more detailed information about UB Community Development and its initiatives, visit www.UBCommunityDevelopment.com.