U.S. Bank has donated $250,000 in the Little Rock area as part of its $15 million U.S. Bank Foundation Rebuild and Transform Fund.
The fund aims to rebuild corridors affected by social unrest and systemic racial inequities in small business, housing and workforce advancement, the company said. It's also part of the bank’s previously announced $116 million commitment to address social and economic inequities.
The donations in Little Rock will go to the University District Development Corp. at the University of Arkansas at Little Rock and Positive Atmosphere Reaches Kids.
UDDC will use the funds to support programs that provide affordable housing options, and PARK will use its grant to support youth and mentorship initiatives.