PNC BANK INVESTS $20 MILLION IN LOCAL INITIATIVES SUPPORT CORPORATION TO FUEL GROWTH IN UNDER-RESOURCED COMMUNITIES NATIONWIDE

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Innovative Equity-Like Funding Will Support Long-term Community Investment Strategies NEW YORK, March 28, 2024 /PRNewswire/ — PNC Bank has invested $20 million in the Local Initiatives Support Corporation (LISC) to expand the organization’s efforts to boost economic opportunity and…