- link Copy URL - [ Share on X ](https://twitter.com/intent/tweet?text=PNC Community Benefits Plan https://www.3blmedia.com/markdownify/node/1210351?absolute=1&via=3blnews "Share on X") - [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/1210351?absolute=1 "Share on Linkedin") - [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/1210351?absolute=1 "Share on Facebook") - [ email Share via email ](mailto:?subject=PNC Community Benefits Plan&body=News from PNC Financial Services Group https://www.3blmedia.com/markdownify/node/1210351?absolute=1 "Share via email") [Philanthropy](/categories/philanthropy) # PNC Community Benefits Plan ##### One Year Into the Community Benefits Plan, PNC Sees Strong Homeownership, Small Biz Lending Gains Mar 24, 2023 8:45 AM ET ![PNC logo over 2D abstract image of buildings on a hillside. "$88 Billion PNC Community benefits plan"](https://3blcdn.com/styles/carousel_2x/s3/2026-08/PNC%20Community%20Benefits%20Plan_2023_0_1786589627.png) [Download the full PNC Annual Community Benefits Plan Progress Report here. ](https://pnc.mediaroom.com/download/PNC+Annual+Community+Benefits+Plan+Progress+Report.pdf) As a national main street bank, we recognize that our success is directly proportional to the success of those we serve. Launched Jan. 1, 2022, PNC’s Community Benefits Plan pledges to provide $88 billion in loans, investments and other financial support to bolster economic opportunity for low- and moderate-income (LMI) individuals, communities and people of color. The one-year report ([see documents to view full report](https://pnc.mediaroom.com/pnc-community-benefit-plan#assets_35158_1266-135)) provides an overview of PNC’s first year (Jan. 2022-Jan. 2023) of performance, approach and progress in supporting affordable homeownership, small business, neighborhood revitalization and charitable giving. By leveraging PNC’s national scale, we’re driving patient capital into local communities and building a more inclusive financial system. One year into its four-year Plan, PNC has deployed $35.1\* billion to bring this commitment to life. “In our first year under the plan, PNC delivered more than $35.1 billion\*--that’s transformational lending and investing that is expanding access to affordable housing, creating generational wealth, advancing small business and minority entrepreneurs, and supporting community development and revitalization,” said Richard Bynum, chief corporate responsibility officer for PNC. “I’m proud of the very real impact we are making in communities across our footprint.” ***Key Highlights*** **Supporting Home Lending and Affordable Homeownership:** Building on our efforts to drive meaningful homeownership growth, affordability and wealth creation in the communities where our customers live, work and play, PNC is investing in down-payment and closing cost assistance as well as other home-buying resources to advance home ownership and to reduce the wealth gap in low to moderate income (LMI) and majority-minority census tracts. **Expanded Access to Capital for Entrepreneurs and Small Businesses:** Consistent with PNC’s efforts to reduce barriers to banking and increase access to credit, we have deepened our commitment to small business by collaborating enterprise-wide to help deliver financial solutions that position LMI, minority-owned and micro (less than $1 million in annual revenues) businesses for effective growth, development, and sustainability. **Lending and Investing in Impactful Community Development Initiatives**: Investments in affordable rental housing, workforce development, and economic revitalization in LMI neighborhoods and communities of color continues to be a priority for PNC as we continue the work to move all forward financially. **Purpose-Driven Philanthropy:** PNC’s commitment to building stronger communities goes beyond loans and investments. Through our national main street bank model, PNC employees deliver time, talent and financial resources to local community organizations and nonprofits dedicated to engaging and empowering people and communities in need. **Closing Gaps in Community Wealth With Clear Solutions**: Many communities lack access to traditional banking services that often are the catalyst for financial stability and community wealth-building. PNC has continued to make significant strides in delivering responsible retail banking products to help build a more inclusive financial services system. [Download the full PNC Annual Community Benefits Plan Progress Report here. ](https://pnc.mediaroom.com/download/PNC+Annual+Community+Benefits+Plan+Progress+Report.pdf) [![PNC logo](/sites/default/files/Clients/PNC_Logo.JPG)](/profiles/pnc-financial-services-group) ### More from PNC Financial Services Group ###### [Driving Growth, Increasing Impact: PNC Latest Corporate Responsibility Report Underscores Investments That Matter](/news/driving-growth-increasing-impact-pnc-latest-corporate-responsibility-report) Jul 6, 2026 10:00 AM ET ###### [A Message From PNC’s CCRO to Our Stakeholders](/news/message-pncs-ccro-our-stakeholders) Jul 2, 2026 12:15 PM ET ###### [The Howard University & PNC National Center for Entrepreneurship Convenes Entrepreneurs, Investors, HBCU Leaders for Fourth Annual Summit in Washington, D.C.](/news/howard-university-pnc-national-center-entrepreneurship-convenes-entrepreneurs-investors-hbcu) Jun 22, 2026 1:05 PM ET ###### [Inside PNC’s Bilingual Approach to Early Learning](/news/pnc-bilingual-approach-to-early-learning) May 13, 2026 10:30 AM ET ###### [PNC Surpasses Community Benefits Plan Commitment With $119 Billion in Community Investments](/news/pnc-surpasses-community-benefits-plan-commitment-119-billion-community-investments) Apr 8, 2026 11:05 AM ET ###### [PNC Announces New Initiatives to Inspire Outdoor Learning, Classroom Innovation Through PNC Grow Up Great](/news/pnc-announces-new-initiatives-inspire-outdoor-learning-classroom-innovation-through-pnc-grow) Mar 31, 2026 10:00 AM ET ###### [Beyond the End Zone: Jerry Rice on Winning in Life and Business](/news/beyond-end-zone-jerry-rice-winning-life-and-business) Feb 4, 2026 11:15 AM ET ###### [PNC Foundation Contributes $2M for New Snow Removal Equipment to City of Pittsburgh](/news/pnc-foundation-contributes-2m-new-snow-removal-equipment-city-pittsburgh) Jan 30, 2026 10:35 AM ET