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PNC Announces $208 Million Affordable Housing Fund

PNC Announces $208 Million Affordable Housing Fund

by Phil Hall | Jun 18, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pittsburgh-based PNC Bank, a member of The PNC Financial Services Group Inc. (NYSE: PNC), announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than $208 million in the development and rehabilitation of affordable rental...
PNC Announces $128 Million Affordable Housing Fund

PNC Announces $128 Million Affordable Housing Fund

by Phil Hall | Dec 26, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

PNC Bank N.A. announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 96, which is investing $128 million in the development and rehabilitation of affordable rental housing. According to the bank, the fund includes investments from PNC and four other banks...
PNC Announces $208 Million Affordable Housing Fund

PNC Bank to Double Branch Expansion Plans

by Phil Hall | Nov 8, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

PNC Bank, a member of The PNC Financial Services Group Inc. (NYSE: PNC), announced a $500 million increase to its branch investment with the goal of opening more than 100 additional new branches and renovating 200 more existing locations across the country. According...
Michael P. Lyons Named President at PNC

Michael P. Lyons Named President at PNC

by Phil Hall | Feb 20, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The PNC Financial Services Group (NYSE: PNC) announced the appointment of Michael P. Lyons as president of the corporation and its subsidiary PNC Bank. Lyons succeeds William S. Demchak, who will continue in his current roles as chairman and CEO of the corporation....
PNC Announces $208 Million Affordable Housing Fund

PNC Bank to Spend $1 Billion to Open 100 New Locations

by Phil Hall | Feb 14, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Pittsburgh-headquartered PNC Bank (NYSE:PNC) announced it will invest approximately $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations through 2028. According to the company, PNC will build and open new branches in key...

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