That’s how the idea of the Affordable Housing Program got its start. He understands that without a community, without people, banks and other businesses close their doors. “Unfortunately, a good segment of High Point was dying, and the vast majority of the ownership in these areas and on these streets was becoming landlord ownership,” says Rick. But Rick’s vision and commitment to invest in the city of High Point originated back in 2015. Rick became chairman of the Carolinas and Virginia region of Pinnacle Financial Partners, after PFP acquired the Bank of North Carolina in 2017. “Communities either die or they thrive and they grow,” explains Rick Callicutt, former CEO of BNC Bancorp and Bank of North Carolina. From a woman who needed a handicap accessible home, to a UNCG graduate relocating from Philadelphia, to a single mom who for the first time knows what she will pass down to her kids – the Pinnacle homes are providing more than shelter they’re providing hope. McBee’s of thrilled, first-time homeowners thanks to the Affordable Housing Program. With 25 homes built and filled, Pinnacle has no shortage of stories like Mrs. They collect no profit on the homes, and instead, take every penny earned from the program to turn around and invest in new properties, more homes, and more families. They build sustainable houses on the properties and sell them to qualifying home buyers at cost. The program’s goal is to revitalize the Core City area, through purchasing blighted properties, as well as foreclosed or vacant land plots at market value. Through their one-of-a-kind Affordable Housing Program, Pinnacle is changing the landscape of High Point and the opportunities for first-time homeowners. But when it comes to PFP, many people in High Point, including Mrs. When people think of banks, they often think of money. “You’re why we do what we do,” says Kim Graham, the Community Development Manager at Pinnacle Financial Partners. But another unexpected group also served Mrs. Her daughter, her family, her church, and her pastor all rallied behind her to support her in her journey of healing. McBee didn’t even expect to be alive after fighting a battle with addiction. McBee admits she never expected to be standing on property she owned with people who don’t all look like her or share her background. “I never thought I’d be standing here,” Mrs. “She’s kept the faith,” says Caroline McKinley, real estate broker and owner of Triad Lifestyle Realty. McBee about her family, her daughter, and her job. The unlikely group all nod together, sharing smiles and questions, asking Mrs. “I’ve been through a lot,” she admits wryly, wearing the teal scrubs she dons for her job as a home health aide. McBee had never owned a home and didn’t think she ever would. First-time homeowner, Deborah McBee stands in the front yard of her house, surrounded by a bank chairman, a developer, a real estate agent, and a bank community partnership manager.
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