Fifth Third Bank is committing $20 million in loans, investments and grants to two east-side Detroit neighborhoods, with plans to support small businesses, home repairs and new housing.
The investment will target the Gratiot/Seven Mile, known as G7, and Denby/Whittier neighborhoods through the Fifth Third Neighborhood Program.
The bank announced the commitment Wednesday, Sept. 2, alongside Detroit Mayor Mary Sheffield and community organizations at Matrix Human Services.