UACD invests in high-impact, catalytic projects that will not only deliver career-track jobs to low-income communities, but also strengthen overall community outcomes.

31 projects.
6,962 construction jobs created.
6,247 permanent jobs created.
$269 MM in allocation deployed.
$4.43 MM in additional grants and technical support.

Since its creation in 2003, UACD has financed 31 projects nation-wide, creating 6,962 construction jobs and 6,247 permanent jobs. Through its innovative partnership with American Communities Trust, UACD has directed an additional $4.43 MM in grants and technical support to the low-income communities in which these projects are located.


UACD works with its non-profit partner, American Communities Trust (ACT), to build long-term relationships with the communities in which UACD invests. ACT employs a range of strategies, including grants, program-related investment, micro-loans, technical assistance, project partnerships, and relationship building.

Founded in 2008, ACT is dedicated to building social impact in urban and low-income communities across the U.S. ACT carries out this work as a national community development partner that seeks to bring social change through high-impact, targeted investments and innovation, focusing on 4 key areas: workforce development, public health, food systems, and the innovation economy.

To encourage community-engagement and responsiveness, UACD incorporates Community Benefit Agreements (CBAs) into its lending agreements with project developers. ACT assists in negotiating these agreements, which may cover educational and workforce training, permanent and construction employment, and tenancy and procurement objectives, all targeted to the community residents most in need of assistance.


To further leverage UACD’s NMTC allocation, UACD specifies that 3% of its allocation from for-profit project sponsors be contributed to ACT. To date, this commitment has generated $4.43 MM for the sole purpose of maximizing community benefits to Low Income Community residents over the long term. ACT advances community benefits in and around UACD investments and leverages additional resources to sustain and strengthen community outcomes.