Attainable housing momentum builds in Mount Pleasant with latest community partner

Housing For All – Mount Pleasant (HFA) a 501(c)(3) nonprofit committed to fostering attainable housing in South Carolina’s fourth largest and most expensive municipality, continues to build momentum with a generous $2,500 commitment from Pinnacle Financial Partners (PNFP).

“We’re grateful for this commitment from Pinnacle Financial Partners and are excited to welcome them as a community partner,” said Melissa Moore, director of operations for HFA. “Our community partners understand that a commuter community is not sustainable and is detrimental to the town’s long term viability. Pinnacle’s knowledge and resources in the financial and lending industry are an incredible asset to our efforts to bring about practical solutions to make housing for all a reality in Mount Pleasant.”

The donation by PNFP makes them a “Roof Level” sponsor and demonstrates the understanding by the Mount Pleasant business community of the urgent need to address this critical issue. The $2,500 will be applied toward the $50,000 matching grant from the Town of Mount Pleasant, doubling its impact.

“Supporting and investing in our community is a foundational part of who we are at Pinnacle,” said Mary Garcia, Pinnacle’s regional president on the coast. “Partners like Housing for All help develop important resources and solutions for our neighbors. It’s an honor to support their work as we all band together to build a better quality of life for our community. When that happens, everyone wins.”

More than seven in ten workers in Mount Pleasant are forced to live elsewhere, often due to a lack of attainable housing options. HFA is committed to bringing real solutions to address this crisis and create a closer, stronger community for all.

ABOUT HOUSING FOR ALL – MOUNT PLEASANT

Through fundraising, advocacy and awareness building, Housing For All – Mount Pleasant, a registered 501(c)(3) organization, seeks to create, encourage and support the development of attainable housing for those who work, live, or hope to live, in Mount Pleasant. For more information, visit www.housingforallmtp.com.

About Pinnacle Financial Partners

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. Pinnacle earned a spot on FORTUNE’s 2019 list of the 100 Best Companies to Work For® in the U.S., its third consecutive appearance. American Banker recognized Pinnacle as one of America’s Best Banks to Work For six years in a row.

Pinnacle entered the South Carolina market in 2017 when it acquired BNC Bancorp. Pinnacle continues BNC’s practice of offering community bank service with the resources and sophistication of a larger firm.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $25.6 billion in assets as of March 31, 2019. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 11 primarily urban markets in Tennessee, the Carolinas and Virginia.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.