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Fifth Third, Enterprise Partner on Community Revitalization
Fifth Third Bank and Enterprise Community Partners launched a $180-million neighborhood program to accelerate revitalization in nine key majority-Black communities across seven states that have experienced disinvestment. Over a three-year period, the program will focus on organizations that create cross-sector partnerships to serve communities within Fifth Third’s retail banking footprint.
The recipient neighborhoods and lead organizations that will drive each community’s efforts are:
- Avondale, Cincinnati: Avondale Development Corp.
- South Chicago, Chicago: Claretian Associates.
- Buckeye, Cleveland: Cleveland Neighborhood Progress.
- East Tampa, Tampa: Corporation to Develop Communities of Tampa, Inc.
- Grove Park, Atlanta: Grove Park Foundation.
- Arlington Woods, Indianapolis: Jewell Human Services Corp.
- Historic West End, Charlotte, NC: LISC.
- Near East Side, Columbus: Partners Achieving Community Transformation.
- Russell, Louisville: Russell: A Place of Promise.
“This opportunity allows Fifth Third to invest in a unique way by taking a thoughtfully structured approach to solve real-world systemic issues,” said Greg Carmichael, Fifth Third CEO.
- ◦Financing
- ◦People
