Synovus Supports Affordable Housing in Columbia, South Carolina

Pinnacle Financial Partners and legacy Synovus continue their commitment to community development across the Southeast.

Synovus recently joined community leaders to celebrate the grand opening of Addison Pointe, an 80-unit affordable housing community in Columbia, located on Percival Road in Richland County.

The Connelly Builders’ development was financed through a Low-Income Housing Tax Credit investment totaling $16.3 million, along with a $2.4 million construction loan and a $13.1 million bridge loan. The project reflects Synovus’ continued focus on public welfare investments that expand access to quality housing.

John Griggs, regional president for central South Carolina, attended the event and spoke to the impact of the development.
“Expanding access to quality, affordable housing in Richland County creates not only long-term value for our neighbors who will live at Addison Pointe but for the entire community,” Griggs said.

Addison Pointe is designed to serve residents across a range of income levels, with units designated for households earning between 20 percent and 70 percent of area median income, ensuring accessibility for individuals and families with the greatest need.

The development also supports Community Reinvestment Act objectives by increasing the supply of affordable housing and strengthening the economic stability of the surrounding community.

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc. (“Pinnacle”) is a $119.1 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus Financial Corp. in 2026, bringing together more than 160 years of combined banking service. Pinnacle is the largest bank headquartered in Tennessee and the largest bank holding company headquartered in Georgia. The firm is No. 1 in deposit market share* in the Nashville MSA and No. 4 in the Atlanta MSA with offices in Tennessee, Georgia, Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia and Maryland.

Pinnacle is an employer of choice for financial services professionals. The firm is No. 12 in FORTUNE magazine’s 2026 list of 100 Best Companies to Work For® in the U.S., its ninth consecutive appearance. Pinnacle was also recognized by American Banker as No. 4 among America’s Best Banks to Work For in 2025, its 13th consecutive year on the list, and No. 1 among banks with more than $10 billion in assets. Learn more about Pinnacle at PNFP.com.

 

*As of June 30, 2025, according to FDIC data.