By: KDKA-TV News Staff
PITTSBURGH (KDKA) – First National Bank has said they want to invest $5 million to promote economic development in the Hill District.READ MORE: Just Hanging Out: Butler County Man Twice Catches Bear On Camera In His Yard
They’re calling it the “Hill District Gap Lending Program” and it will help business owners who want to develop or redevelop.READ MORE: Pennsylvania Ending Extended Jobless Benefits, Unemployment Rate Falls Below 5%
Business owners will be able to get $400,000 and will have flexible lending to support their development projects.MORE NEWS: Hundreds March Through Pittsburgh In Solidarity With Palestine
It’s all part of the company’s commitment to the area which will one day be the home of First National Bank’s headquarters as it moves to the old Civic Arena site.