LISC, INHP, Fifth Third Bank, the City of Indianapolis and University of Indianapolis have partnered to bring a quality of life plan to the south side of the city. The focus area is bound by 1-65 and I-465 and Raymond and Meridian streets.
Revitalization efforts will seek to decrease high rates of unemployment and poverty, reduce the amount of abandoned and vacant homes and storefronts, and spur community development and neighborhood engagement. Fifth Third Bank has pledged a $100,000 Strengthening Our Communities grant and LISC and UIndy have committed to raise $70,000 to support an intense study and launch the 18-month quality of life planning process.
“This grant will strengthen our community partnership and support the ongoing progress on the Southside,” said Steven Alonso, president and CEO of Fifth Third Bank, Greater Indiana. “Fifth Third is proud to contribute to the comprehensive community and economic development strategy to improve the quality of life for residents and business owners in the area.”
On January 29th, UIndy President Robert Manuel, LISC Executive Director Bill Taft, Department of Metropolitan Development Director Adam Thies, and Fifth Third Bank Indiana Regional President Steven Alonso gathered at the university to announce the partnership and pledges and host a bus tour of the focus area.
“We know that neighborhoods can be revitalized when they have sufficient capital, technical expertise, and political will to support their unique agendas. Quality of Life plans have proven to be a great vehicle for attracting these resources,” said Bill Taft, executive director of LISC.