Sustainable Finance & Socially Responsible Investment

Fifth Third Bank Pledges $20M for East Tampa Neighborhood Development

By Kathy Steele
Oct 20, 2021 5:40 PM ET
Campaign: Fifth Third Bank's Empowering Black Futures $180 Million Neighborhood Investment Program
Fifth Third Bank Neighborhood Investment Program Tampa Bay group photo
Hillsborough Commissioner Gwen Myers; Cary Putrino and Jada Grandy-Mock of Fifth Third; Chloe Coney, founder of the CDC of Tampa; U.S. Rep. Kathy Castor; Esther Marshall of Fifth Third; and Ernest Coney, Jr., president and CEO of the CDC. (Photo by Kathy Steele)

Originally published by 83 Degrees Media

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.

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