National civil rights center gets financial boost

Generic - Money
Posted at 11:04 AM, Mar 07, 2013
and last updated 2019-05-22 18:13:07-04

ATLANTA (AP) - PNC Bank and Invest Atlanta are providing $24 million in funding to support the first phase of construction for the National Center for Civil and Human Rights.

PNC officials say the center has received an $11 million New Markets Tax Credit from PNC and an additional $13 million tax credit from Invest Atlanta - formerly known as the Atlanta Development Authority.

David Gibson, of the PNC Bank Tax Credit Investment Group, says the bank partnered with Invest Atlanta to support the center about nine months ago.

The three-story, 42,000 square foot museum is slated to be built in Atlanta's Pemberton Place neighborhood, near the Georgia Aquarium and the World of Coca-Cola.

The first phase of construction - set to begin in March - is expected to create 700 jobs.