Pinnacle Financial Partners has committed to a $10 million investment in The Housing Fund for the organization’s shared equity program of affordable housing.
According to a release, the money will fund home loans made to low- to moderate-income individuals and families in Nashville and Middle Tennessee.
kAm%9:D :D E96 D64@?5 :?G6DE>6?E !:??24=6 92D >256 :? E96 AC@8C2>[ 27E6C 2? :?:E:2= Se]d >:==:@? 4@>>:E>6?E 96=A65 DE2CE E96 AC@8C2> :? pF8FDE a_``] %96 S`_ >:==:@? 7F?5 H:== 8@ E@H2C5D 96=A:?8 %96 w@FD:?8 uF?5 249:6G6 :ED F=E:>2E6 8@2= @7 @G6C `__ 9@>6@H?6CD :? E96 AC@8C2>]k^Am
kAm“%9:D :D 2 G6CJ 6I4:E:?8 52J :? E96 =@?8\DE2?5:?8 A2CE?6CD9:A 36EH66? %96 w@FD:?8 uF?5 2?5 !:??24=6 u:?2?4:2= !2CE?6CD[” |2CD92== rC2H7@C5 WA:4EFC65X[ AC6D:56?E 2?5 rt~ @7 %96 w@FD:?8 uF?5[ D2:5 :? E96 C6=62D6] “%9:D 42A:E2= H:== 96=A FD 8C62E=J :?4C62D6 9@>6@H?6CD9:A @AA@CEF?:E:6D 7@C p7C:42? p>6C:42?D 2?5 =@H\ 2?5 >@56C2E6\:?4@>6 :?5:G:5F2=D ?@E ;FDE :? }2D9G:==6[ 3FE 24C@DD |:55=6 %6??6DD66] %@@ @7E6?[ ‘277@C523=6 9@FD:?8’ 6I4=FD:G6=J C676CD E@ 2A2CE>6?E C6?E2= F?:ED[ 2?5 E92E ?665D E@ 492?86]”k^Am
kAmr2C=2 y2CC6==[ !:??24=6’D 4@>>F?:EJ C6:?G6DE>6?E @77:46C[ D2:5 9@>63FJ6CD :? E96 AC@8C2> 2C6 C6BF:C65 E@ AC@G:56 @?=J ` A6C46?E @7 E96 AFC492D6 AC:46[ H:E9 ad A6C46?E 4@?EC:3FE65 3J %96 w@FD:?8 uF?5 2?5 E96 @E96C fc A6C46?E 4@>:?8 7C@> 2 !:??24=6 =@2?] ~?46 E96 9@>6@H?6C :D C625J E@ >@G6 @?[ D96 @C 96 42? D6== :E @?=J E@ 2?@E96C BF2=:7:65 =@H\ E@ >@56C2E6\:?4@>6 3FJ6C 277:=:2E65 H:E9 %96 w@FD:?8 uF?5]k^Am
kAmpE 4=@D:?8[ %96 w@FD:?8 uF?5 86ED 324< :ED ad A6C46?E 4@?EC:3FE:@? 2E _ A6C46?E :?E6C6DE] p?J 2AAC64:2E:@? :? G2=F6 :D DA=:E 36EH66? E96 D6==6C 2?5 %96 w@FD:?8 uF?5[ H9@ E96? C6:?G6DED E92E >@?6J 324< :?E@ E96 9@>6 3J 96=A:?8 E96 ?6IE 3FJ6C H:E9 2 ad A6C46?E 4@?EC:3FE:@? E@H2C5 E96:C AFC492D6]k^Am
kAmkDEC@?8m#:492C5D U2>Aj #:492C5D 9@?@C65k^DEC@?8mk^Am
kAm}2D9G:==6\32D65 #:492C5D U2>Aj #:492C5D $64FC6 $9C655:?8 92D C646:G65 E96 }2E:@?2= pDD@4:2E:@? 7@C x?7@C>2E:@? s6DECF4E:@? ppp r6CE:7:42E:@? 7@C 52E2 56DECF4E:@? D6CG:46D]k^Am
kAmp44@C5:?8 E@ 2 C6=62D6[ E96 4@>A2?J C6>2:?:?8 E96 @?=J =@42==J @H?65 }pxs ppp r6CE:7:65 52E2 56DECF4E:@? 4@>A2?J :? |:55=6 %6??6DD66]k^Am
kAm}pxs :D 2 5:G:D:@? @7 E96 x?E6C?2E:@?2= $64FC6 x?7@C>2E:@? v@G6C?2?46 U2>Aj |2?286>6?E pDD@4:2E:@?[ H9:49 6?7@C46D DE2?52C5D 2?5 6E9:42= 4@>A=:2?46 7@C D64FC6 52E2 56DECF4E:@? 2?5 C64@C5D 2?5 :?7@C>2E:@? >2?286>6?E D6CG:46 AC@G:56CD]k^Am
kAm“(:E9 E96:C DF446DD7F= 4@>A=6E:@? @7 E96 }pxs ppp #646CE:7:42E:@? AC@46DD[ :\$xv|p :D AC@F5 E@ 4@F?E #:492C5D U2>Aj #:492C5D[ {{r 2>@?8 E96 D6CG:46 AC@G:56CD H9@ AFE 52E2 D64FC:EJ 7:CDE[” q@3 y@9?D@?[ rt~ @7 :\$xv|p] “xE :D ?@ DFCAC:D6 E92E E96 =625:?8 52E2 56DECF4E:@? 7:C>D 2C6 @7E6? E96 7:CDE E@ C64@8?:K6 E96 G2=F6 @7 }pxs ppp r6CE:7:42E:@?[ 2?5 #:492C5D U2>Aj #:492C5D :D 2 A6C764E 6I2>A=6]”k^Am
kAmq@H>2? #:492C5D D6CG6D 2D @H?6C 2?5 AC6D:56?E @7 #:492C5D U2>Aj #:492C5D[ H9:49 3682? @A6C2E:@?D :? `hgf]k^Am
kAmkDEC@?8m$E@?6 =2F?496D !2=>:?8@ !@@=Dk^DEC@?8mk^Am
kAm{@42= 6?EC6AC6?6FC 2?5 >2C<6E:?8 :?5FDECJ G6E6C2? p>2?52 $E@?6 @7 pU2>Aj| p86?4J 92D =2F?4965 !2=>:?8@ !@@=D]k^Am
kAm!2=>:?8@ !@@=D DA64:2=:K6D :? A=F?86 A@@= :?DE2==2E:@? AC@46DD 2?5[ D:?46 E96 D@7E =2F?49 @7 D2=6D 62C=:6C E9:D J62C[ 2=C625J 92D 4@?EC24E65 @? `_ A@@=D :? |:55=6 %6??6DD66[ 7@FC @7 H9:49 2C6 :? E96 A6C>:EE:?8 A92D6 2?5 D:I :? E96 56D:8? A92D6]k^Am
kAm“(96? x 7:CDE >@G65 :?E@ >J 9@>6 7:G6 J62CD 28@[ x H2D E@=5 E92E @FC D=@A65 J2C5 H@F=5 >2<6 >J 5C62>D @7 2 A@@= :>A@DD:3=6[ 3FE x 49@D6 E@ D66 ‘H92E :D A@DD:3=6’ :?DE625 @7 @?=J ‘H92E :D[’” $E@?6 D2:5 :? 2 C6=62D6] “~?46 x 42>6 24C@DD 2 A=F?86 A@@=[ H9:49 42? 36 :?DE2==65 :? 6G6? E96 >@DE 492==6?8:?8 D6EE:?8D[ x <?6H x 925 7@F?5 2 D@=FE:@?] s6=:G6C23=6 @? 2 D9@CE6C E:>6E23=6 H:E9 2 >@C6 28C6623=6 AC:46 E28[ 2 A=F?86 A@@= :D 2 >28?6E E92E 5C2HD :? 72>:=J 2?5 7C:6?5D E@ 6?;@J E:>6 E@86E96C] x =@@< 7@CH2C5 E@ D92C:?8 E92E 6IA6C:6?46 H:E9 !2=>:?8@ !@@=D 4FDE@>6CD 24C@DD vC62E6C }2D9G:==6 2?5 36J@?5]”k^Am
kAm$E@?6 D2:5 E92E :? |:55=6 %6??6DD66[ DE2?52C5 @FE5@@C DH:>>:?8 A@@=D E2<6 @? 2G6C286 @G6C 2 J62C E@ 56D:8? 2?5 3F:=5 2?5 42? 4@DE FAH2C5D @7 S`d_[___]k^Am
kAm!=F?86 A@@=D[ H9:49 4@>3:?6 6=6>6?ED @7 2 4@?G6?E:@?2= DH:>>:?8 A@@= 2?5 2 9@E EF3[ 42? 36 :?DE2==65 >F49 >@C6 AC@>AE=J] %96 7F== AC@46DD @7 :?DE2==:?8 2 !2=>:?8@ A=F?86 A@@= — 4C27E65 7C@> AC6723C:42E65 4@?4C6E6[ 4@?G6CE65 D9:AA:?8 4@?E2:?6CD @C DE2:?=6DD DE66= — E2<6D 7:G6 >@?E9D[ H:E9 >F49 @7 E92E E:>67C2>6 2==@42E65 7@C A=2?D[ A6C>:ED 2?5 AC@5F4E:@?] !=F?86 A@@=D 42? 36 :?DE2==65 :? 492==6?8:?8 D6EE:?8D 2?5 A=2465 :?\8C@F?5[ D6>:\6=6G2E65[ 7F==J 6=6G2E65[ @C 6G6? 3F:=E :?E@ 2 564< @C C@@7E@A] %96 8C@F?5 AC6A2C2E:@? C6BF:C6D 2AAC@I:>2E6=J EH@ H66<D[ H9:=6 E96 A@@= A=246>6?E E2<6D A=246 :? 2 D:?8=6 52J]k^Am
kAm!2=>:?8@ !@@=D @776C 2 DE2CE:?8 AC:46 @7 Sf_[___]k^Am
kAmk6>m$6?5 :?7@ E@ k2 9C67lQ>2:=E@iHH:==:2>Do?2D9G:==6A@DE]4@>QmHH:==:2>Do?2D9G:==6A@DE]4@>k^2m]k^6>mk^Am

