SOURCE: Fifth Third BancorpDESCRIPTION:
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.
KEYWORDS: NASDAQ:FITB, Fifth Third Bank, East Tampa, Neighborhood investment program