The centerpiece of Pinnacle's community involvement is helping provide affordable housing in our communities. Together with local housing partners, Pinnacle has:
- Provided financing and assisted our partners in obtaining over $13.6 million in grant money for 378 new affordable single-family units, 52 new affordable rental units and 112 rehabilitated rental units since 2003.
- Provided down payment assistance for 244 affordable single-family homes.
- Helped 150 families remain in their homes using grant funding and counseling services to catch the families up on late payments and to re-work their loans to make them more affordable.
Pinnacle associates also help build Habitat for Humanity® homes in the counties we serve. We also service these mortgages at no cost to the borrower or the entity. We are servicing more than 971 Habitat loans with a total value of more than $38.4 million.
The Federal Home Loan Bank of Cincinnati has recognized Pinnacle's contributions in this area with its prestigious Community Partnership Award.