Affordable Housing

Affordable Housing

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 496 new affordable single-family units, 76 new affordable rental units and 143 rehabilitated rental units since 2003.
  • Provided down payment assistance for 288 affordable single-family homes.
  • Helped more than 79 families remain in their homes using grant funding and counseling services; also assisted 43 additional families with funding from the Tennessee Housing Development Agency

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.