Fifth Third’s Neighborhood Program

Fifth Third has a proven track record of success in community development through its neighborhood program, which creates and implements innovative place-based strategies to effect positive change in nine historically disinvested neighborhoods across the Bank’s 11-state footprint.  The program is pioneering a new way to do community development by partnering with local organizations to build ecosystems that drive real change through both financial and social investments. This collective ecosystem approach is focused on identifying solutions to key challenges in partnership with the community, with the goal of creating lasting, transformative change. Fifth Third has invested more than $200 million in the program since 2021.

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Sustainable Finance & Socially Responsible Investment

Avondale Home Repairs Pave Way for a Brighter Future
The community of Avondale is a beneficiary of Fifth Third’s $180 million Empowering Black Futures Neighborhood Investment Program. Launched in 2021, the program is flourishing and has begun creating the kind of fundamental change that helps communities thrive long-term.

Research, Reports & Publications

Fifth Third’s Community Impact Report Shares Transformative Community Progress
Fifth Third Bancorp (Nasdaq: FITB) published its inaugural Community Impact Report.

Research, Reports & Publications

Fifth Third Exceeds $180 Million Commitment to Empowering Black Futures Program, Publishes Inaugural Community Impact Report
Fifth Third Bank, National Association, today announced that its Empowering Black Futures Neighborhood Program has in two years already exceeded the program’s $180 million, three-year commitment.

Philanthropy & Cause Initiatives

Fifth Third Teams Up With New Directions Repair Affair To Make Positive Impact for Russell Homeowners
Fifth Third is proud to team up with New Directions Repair Affair program by funding free home renovations for elderly and disabled low-income homeowners in West Louisville’s Russell neighborhood.

Sustainable Finance & Socially Responsible Investment

LISC Launches Second Charlotte Affordable Housing Fund
As the affordable housing gap continues to widen in Charlotte, the Charlotte office of Local Initiatives Support Corporation (LISC Charlotte) announces the launch of the second iteration of the Charlotte Housing Opportunity Investment Fund (CHOIF II).

Philanthropy & Cause Initiatives

Preparing for 30 New Homes in Buckeye Neighborhood of Cleveland
On Sept. 20, a ribbon-cutting ceremony was held for Larchmere Homes, the new construction of 30 affordable lease-to-purchase homes in the Buckeye neighborhood of Cleveland, Ohio. Buckeye is one of Fifth Third’s Empowering Black Futures nine neighborhoods.

Diversity & Inclusion

Creating More Affordable Housing in Kentucky
Louisville’s Russell neighborhood, one of the nine communities of Fifth Third’s Empowering Black Futures program, will soon have a new affordable housing complex called The Eclipse, which is slated to welcome families in late 2024.

Philanthropy & Cause Initiatives

Fifth Third Bank eBus Featured at Avondale Empowerment Day in Cincinnati
The Fifth Third Bank Financial Empowerment Mobile (eBus) continued its tour in Southwest Ohio in the Cincinnati neighborhood of Avondale, one of its nine Empowering Black Futures neighborhoods on Friday, April 21, 2023 from 3-7 p.m.

Diversity & Inclusion

Two Cincinnati Business Owners Selected as Fifth Third Bank Empowering Black Futures Capital Readiness Grant Recipients
The two business owners were among 20 selected as part of a capital readiness program in 10 neighborhoods that have received significant investment from Fifth Third Bank.

Diversity & Inclusion

Two Columbus Business Owners Receive Capital Readiness Grants through Fifth Third Bank’s Empowering Black Futures Neighborhood Program
Fifth Third Bank presented capital readiness grant awards this week to two Columbus, Ohio-based business owners.
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