PNC Bank Invests $20 Million in LISC to Fuel Growth in Under-Resourced Communities
March 29, 2024
March 29, 2024
NEW YORK, March 29 -- The Local Initiatives Support Corp. issued the following news release:
PNC Bank has invested $20 million in the Local Initiatives Support Corporation (LISC) to expand the organization's efforts to boost economic opportunity and growth in thousands of rural counties as well as across 38 metro areas in the United States.
PNC Bank's funding includes both a 10-year, $10 million Equity Equivalent (EQ2) investment as well as a more flexible $10 million t . . .
PNC Bank has invested $20 million in the Local Initiatives Support Corporation (LISC) to expand the organization's efforts to boost economic opportunity and growth in thousands of rural counties as well as across 38 metro areas in the United States.
PNC Bank's funding includes both a 10-year, $10 million Equity Equivalent (EQ2) investment as well as a more flexible $10 million t . . .