Truist Invests $17 Million in the Future of Charlotte and Communities Across North Carolina

Truist Financial Corporation (NYSE: TFC) and Truist Foundation today announced $17 million in commitments to support affordable housing in Charlotte and career development and economic mobility programs across North Carolina.

The Truist commitment consists of three initiatives:

  • $15 million equity investment from Truist Community Capital in the Housing Impact Fund II to combat displacement, secure affordable housing and facilitate critical services for low-to-moderate income families across Mecklenburg County. It is the second such fund formed by Erskine Bowles, former head of the U.S. Small Business Administration and White House Chief of Staff under President Clinton, and Nelson Schwab, a founding partner of Carousel Capital.
  • $1 million Truist Foundation grant to Per Scholas North Carolina to expand technology skills training in rural North Carolina.
  • $1 million Truist Foundation grant to NPower to provide technology skills and employment opportunities for military-connected individuals and underserved young adults in the Raleigh community.

Read the Truist press release here.

Sign up for our Monthly Impact Report

  • This field is for validation purposes and should be left unchanged.

More News

per scholas atlanta

Donate Now

Your support makes a powerful difference in our ability to build a technology talent training solution that creates greater access and equity.

Questions? Contact Us!

Have an admissions question? Ask an admissions team member

Phone: 718-991-8400

Close

Choose a location for
Your Course

This course is only offered at select Per Scholas locations. Choose a location to get the most accurate course information.

Close


Per Scholas Summer Break

To recognize the hard work and commitment of our full Per Scholas team, Per Scholas will be closed from June 30th through July 4, 2025. This break is designed for all staff and learners to recharge and enjoy time off this summer, doing things they love most with family and friends. Communications will be limited during this period.