Citizens Bank, headquartered in Batesville, recently announced its $5,000 donation to the University District Development Corporation (UDDC) as part of its new partnership to provide affordable housing in the Little Rock area.
The UDDC is a 501(c)(3) non-profit organization under the University District Partnership at UA Little Rock, which exists to redevelop the areas around the university’s campus that will serve as a dynamic urban community and improve the quality of life for all who live, learn, work and play in the area.
“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. “We are dedicated to impacting our state by going Beyond Banking, and this partnership is a true example of that.”
Citizens Bank will also aid in loan provision for the proposed housing and community improvement projects, in addition to its monetary donation.
“At Citizens Bank, we have made a commitment to put People First,” said Lisa Davis, SVP, managing director of enterprise risk management at Citizens Bank. “Providing loan aid to an equitable project that not only increases community value but meets the needs of community members is an exciting development as we continue to consider innovative ways to go Beyond Banking.”
The University District community includes the homes, workplaces and schools for thousands of families, workers, business owners, teachers and students. The vision for the University District emphasizes the following seven themes: distinctive district identity, commercial vitality, strong and diverse neighborhoods, safe and attractive streets, excellent schools, ample open space and clear pedestrian and transit links.
“We are so grateful to have an invested community partner like Citizens Bank on our team,” said Barrett Allen, director of the University District Partnership. “Our ability to provide for needs in the community has exponentially increased with this partnership, and we look forward to our continued work with them.”