Fifth Third Awards $16M in New Markets Tax Credits to Community Facilities in Atlanta, Cincinnati

CINCINNATI--(BUSINESS WIRE)--Fifth Third (NASDAQ: FITB) has awarded $16 million in New Markets Tax Credits (NMTCs) to three facilities in Atlanta and Cincinnati that will help spur economic mobility and community revitalization in historically disinvested neighborhoods. “Our approach to community development at Fifth Third is place-based and people-first, and it considers the total wellbeing of all residents who call a neighborhood home,” said Kala Gibson, chief corporate responsibility officer