Fifth Third Bank and Enterprise Community Partners recently announced a major investment of up to $20 million over three years to redevelop East Tampa. The largely Black community will be the beneficiary of loans, private equity, and philanthropic support to transform East Tampa.
Enterprise Community Partners is a national nonprofit that will aid in developing and implementing action plans in partnership with the bank and the nonprofit Corporation to Develop Communities of Tampa, Inc., which is nearing its 30-year anniversary.
COLUMBUS, October 19, 2021 /3BL Media/ - Fifth Third and Enterprise Community Partners today announced the establishment of a neighborhood program to support and continue revitalization efforts on the Near East Side of Columbus. The Neighborhood Investment Program will focus over three years on the PACT geography and cross-sector collaborations. PACT, which stands for Partners Achieving Community Transformation, is a partnership initiated in 2010 by the City of Columbus, The Ohio State University, the Columbus Metropolitan Housing Authority (CMHA) and Near East Side stakeholders.
Here’s hoping Fifth Third bank’s investment sparks a major rejuvenation of this long-struggling Chicago neighborhood.
Article
By CST Editorial Board
The South Chicago community literally helped make Chicago.
For most of the 20th century, many of our city’s skyscrapers, expressways and bridges were built with steel that the neighborhood’s mills — namely the giant U.S. Steel South Works plant — churned out around the clock and by the freightload, providing thousands of good-paying jobs along the way.
And it’s good news for a South Chicago neighborhood. It’s about to get a $20 million shot in the arm, thanks to an investment from Fifth Third Bank.
The bank will actually be pouring $180 million into nine neighborhoods across the nation. CBS 2 Morning Insider Tim McNicholas takes us to the South Side to see the very spots about to be spruced up.
CHICAGO, October 14, 2021 /3BL Media/ - Fifth Third Bank and Enterprise Community Partners today announced the establishment of a neighborhood program to support and revitalize the South Chicago neighborhood. The Neighborhood Investment Program will focus over three years on the Claretian Associates and cross-sector collaborations.
Leaders will focus on post-pandemic recovery for entrepreneurs of color
Press Release
CINCINNATI, October 14, 2021 /3BL Media/ - Fifth Third Bank and Accion Opportunity Fund (AOF), one of the nation's leading nonprofit organizations providing small business owners with access to capital, networks, and coaching, will host a fireside chat on Oct. 27 on the state of small business – specifically for entrepreneurs of color – and actions that can be taken to help ensure a successful recovery after the pandemic.
Commitment will create transformational impact across footprint
Press Release
CINCINNATI, October 13, 2021 /3BL Media/ – Fifth Third Bank, National Association, and Enterprise Community Partners today announced the launch of 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 the communities within Fifth Third’s retail banking footprint.
Employees of Fifth Third Bank recycled nearly 8,000 pounds of materials at two employee electronics waste events in September. The annual events were hosted by Fifth Third and local waste recycling companies to give employees an easy way to recycle their electronics and avoid disposal in a landfill.
Fifth Third Bank actively promotes inclusion and diversity through 65 regional business resource groups overseen by inclusion councils in each of the Bank’s 13 regions and through eight virtual Enterprise Business Resource Groups led by Enterprise committee executives.
All of Fifth Third’s BRGs are focused on the following three pillars: employee development, community involvement and business innovation. BRGs are open to all Fifth Third employees, whether they’re members of the group’s constituency or allies.
The more individuals, families and small businesses are empowered to achieve their best lives, the more communities thrive. Fifth Third Bank wants to help people reach their full potential. We believe this will have a long-lasting, generational impact in the neighborhoods, towns and cities we serve, especially among low- and moderate-income Americans, by reversing negative cycles and building strong foundations for the future.
