In The News

Partner Profile – Dara Kraay Grady, Property Manager, Continental Management

Continental Management, a longtime partner of Cinnaire, believes in investing in people first and fostering a community where employees and residents can grow personally and professionally. Continental’s on-site professionals provide daily service to residents and demonstrate the company’s commitment to quality through their dedicated management of the properties. Dara Kraay Grady, Property Manager at NWI […]

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Cinnaire Cares Generates $23,406 to Support Mission-Driven Organizations

Companywide Charitable Giving Program Supports Diverse Nonprofit Organizations Across Cinnaire’s Footprint  Cinnaire Cares, our companywide staff-funded charitable giving program, was developed by our employees through the Staff Engagement Committee to support our mission-driven partners in the communities where we live, work and serve. Our employees contribute twice monthly to a fund established to support staff

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Prosperity Indiana Leader Member Highlight Featuring Keith Broadnax

Keith Broadnax, Cinnaire Senior Vice President, Business Development, was recently featured in the Prosperity Indiana newsletter Leader Highlight. Prosperity Indiana is a statewide membership organization for the individuals and organizations strengthening Hoosier communities. Since its founding in 1986, Prosperity Indiana has grown to approximately 200 members, currently representing 900 community economic development practitioners from public,

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Affordable Housing Finance Announces Readers’ Choice Finalists

Award Honors Top Affordable Housing Developments Nationally Affordable Housing Finance (AFH) recently announced 36 inspiring developments have been named finalists in this year’s AHF Magazine Readers’ Choice Awards. Each project is unique and showcases the range of housing provided for families, seniors, formerly homeless persons, and those with special needs. The projects must have been

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Cinnaire Joins Statewide Leaders to Present Results for Q2 2021 Michigan Future Business Index Survey

Report Shows Optimism for Future Business Growth, But Challenges Remain In a recent statewide survey of 617 small to medium-sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated business is on the rebound with optimism for the future, but it will be next year before most are fully recovered. Small business

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Cinnaire Solutions & Olympia Development of Michigan Henry Street Proposal Earns LIHTC Support

Cinnaire Solutions and Olympia Development of Michigan’s Henry Street redevelopment proposal has received a Low-Income Housing Tax Credit (LIHTC) from the Michigan State Housing Development Authority (MSHDA). The LIHTC will support the affordable housing aspects of the Henry Street proposal. The Henry Street proposal would revitalize all seven 1920s-era historic buildings which sit on a

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Jumpstart Wilmington Completes First Four Development Training Sessions

Jumpstart graduates at table

More than 150 aspiring developers apply for training program benefiting Wilmington residents  Since the Jumpstart Wilmington program was first launched in October 2020, 39 emerging developers have completed the intensive four-week training program through five sessions. The purpose of Jumpstart Wilmington is to promote the growth of local developer capacity through training and development to support neighborhood

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Cinnaire and Partners Launch Project Destined Real Estate Program in Detroit Public Schools

The Commercial Real Estate Diversity Report, released in 2013, found the industry to be one of the least diverse in the U.S. To help affect change on a local level, Cinnaire Solutions, Olympia Development of Michigan and the Detroit Public Schools Community District have partnered with Project Destined, a social impact program, to offer a

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Cinnaire Captures Novogradac QLICI of the Year Award

Novogradac Award graphic with exterior view of Paul's Place Groundwork Kitchen

Paul’s Place-Groundwork Kitchen Honored as Small Business QLICI of the Year  Ten community development entities (CDEs) that made qualified low-income community investments (QLICIs) into five businesses are the winners of the Novogradac Journal of Tax Credit QLICIs of the Year Awards. The awards honor CDEs who strive for excellence in community development. Cinnaire received the Small

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Cinnaire Awarded $1.8 Million to Support Economic Relief in Underserved Communities Affected by COVID

U.S. Department of Treasury’s CDFI Fund Announced the Awards with Vice President Harris, Treasury Secretary Janet Yellen, Senator Mark Warren and Representative Waters The U.S. Department of Treasury has awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs) through the departments CDFI Rapid Response Program (CDFI RRP). The grants will be

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Grand Opening for Ivy Tech Automotive Technology Training Center

Front of new Ivy Tech Auto Center

Cinnaire’s New Markets Tax Credit Funding Provides Financial Support for  Workforce Development Center in Indianapolis, IN Cinnaire joined Ivy Tech Community College, PNC Community Partners Inc., Indianapolis Redevelopment CDE and community leaders this week to celebrate the grand opening of the Ivy Tech Automotive Technology Center. The $14 million project is one of the $176 million in

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Homeownership and Development Policies to Reverse the Legacy of Discrimination and Disinvestment in Wilmington

Rowhouses in Wilmington

In the City of Wilmington, the challenges posed by systemic racism are nothing new. Wilmington’s neighborhoods have been particularly harmed by the legacy of racist policies that have fueled segregation and a vicious cycle of disinvestment, leading to the devaluation of assets and a large number of vacant properties that contribute to crime and instability

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