News from your City of Detroit Central District Neighborhood City Hall Manager, Lori Cunningham...
Fifth Third Bank’s Neighborhood Impact Program
Fifth Third Bank’s Neighborhood Impact Program provides grants to eligible families at a 4:1 match, up to $10,000. For every $1.00 the homeowner has toward minor home repairs, Fifth Third Bank will grant $4.00. For example: if a homeowner needs a new roof costing $5,000.00, the homeowner will pay $1,000 and Fifth Third NIP will pay $4,000.The grant is available to low-to-moderate income homeowners who need structural alterations, elimination of health and safety hazards, such as lead-based paint remediation, energy conservation improvements, improvements for easier accessibility for the handicapped, and other ‘quality of life’ repairs.Fifth Third Bank is currently accepting applications for its Neighborhood Impact Program (NIP). The NIP provides grants to eligible applicants on a first-come, first-served basis with Fifth Third Bank customers having first priority, until funds are depleted. Since 2006 Fifth Third Bank has awarded more than $600,000 in grant money for NIP residents across southeastern Michigan.The program’s new cycle of funding began in May and will run until the funds are depleted. If you need home repairs and are interested in getting more information about the Fifth Third Bank NIP, you can pick up a NIP application at any of the banking centers or contact Ms. Brenda Massey at (800) 246-5372.
The grant is available to low-to-moderate income homeowners who need structural alterations, elimination of health and safety hazards, such as lead-based paint remediation, energy conservation improvements.
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