Citizens Banks Supports Affordable Housing with $5K Donation to University District Development Corporation
Citizens Bank has donated $5,000 to the University District Development Corporation, based at the University of Arkansas at Little Rock, to fund affordable housing efforts within the University District area.
The University District Development Corporation is a nonprofit organization dedicated to increasing affordable housing and making neighborhood improvements within the University District.
“This donation will help support our affordable housing operations,” said Barrett Allen, director of University District Development Corporation. “It will be used to purchase vacant lots in the city where we will build single family homes or duplexes for people in need of housing to purchase or rent.”
Citizens Bank seeks charitable sponsorships that create valuable, unique, and memorable experiences for its customers, colleagues, and communities. Citizens Bank has a longstanding legacy of making gifts with meaningful and impactful community economic development efforts.
“This donation is a small glimpse into a broader initiative by Citizens Bank to expand our investments in community development projects,” said Vernon Scott, regional president at Citizens Bank. “We are dedicated to impacting our state by going Beyond Banking, and this partnership is a true example of that.”
The University District area includes several urban neighborhoods that surround UA Little Rock, the metropolitan region’s only major university. These neighborhoods include Broadmoor, Fair Park, Four Corners, North Broadmoor, Point O’ Woods, South of Asher, University Park, University West, and War Memorial.
In the upper right photo, Citizens Bank representatives present a $5,000 donation to the University District Development Corporation to help with affordable housing efforts within University District. Pictured from left to right are Lisa Davis of Batesville, community reinvestment act officer and senior vice president, managing director of enterprise risk management, of Citizens Bank; Barrett Allen of Little Rock, executive director of University District Development Corporation; and Vernon Scott of Little Rock, regional president of Citizens Bank.