Category: Community Published on Wednesday, 25 September 2013 15:57 Written by Loretta Humphrey-Cruz
The Fifth Third Bank Neighborhood Impact Program (NIP) grant assists eligible homeowners who are in need of minor home repairs. The grant is available to low-to-moderate income homeowners in the city of Detroit who may need windows, roof repair or replacement, siding, water heater repair or replacement, replacement or reconditioned HVAC, weather stripping, calking or insulation, or exterior doors.
Fifth Third Bank is accepting applications until October 31, 2013 for its NIP grant. NIP grants are available to all eligible homeowners 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 $1 million in grant funds for NIP eligible homeowners across southeastern Michigan.
The bank’s goal is to reach families who may be eligible for the NIP grant to ensure they are aware of the program. Families living in structurally compromised housing are more often than not at risk of physical danger because needed repairs may have been put on the back burner at the expense of a more immediate basic need until some extra money comes in. In many families there’s no such thing as extra money. The chance of a minor repair becoming a major problem can be mitigated just by the homeowner taking advantage of available resources.
While the NIP is not a panacea, it goes a long way to help meet the needs of families that need an emergency roof repair, for instance, or would like to install insulated windows in order to help bring down the cost of their monthly utility bill.
Our investment in Detroit assists individual homeowners to improve the safety and comfort of their own space and take ownership in the viability of the neighborhoods where they live.
Our program cycle began in April targeting 48202 and 48211. Additional funding has been made available that will allow us to offer the grant to City of Detroit proper and will run until the funds are depleted.
Funds are only available for owner-occupied homeowners in the city of Detroit. The cutoff date for accepting applications is October 31, 2013.
If you or someone you know is in need of home repairs and interested in getting more information about the Fifth Third Bank NIP, call 313 736-4338 to make an appointment to pick up an application at our new financial center in the Northwest Activities Center located at 18100 Meyers Road in Detroit during the following office hours:
2 pm to 6 pm
9 am to 1 pm
2 pm to 6 pm
9 am to 1 pm
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