Latest News

Cinnaire Recognized as Diversity Focused Company

Cinnaire has been honored with a Salute to Diversity Award for Diversity Focused Company at Corp! Magazine’s Annual Salute to Diversity Awards and Conference. The program recognizes businesses, organizations, and leaders who champion diversity, equity, inclusion and belonging initiatives and ...
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Cinnaire Awarded $60 Million New Markets Tax Credit Allocation

  Award Will Spur Projects that Support Education, Vocational Training and Job Opportunities in Underserved Communities The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $60 million New Markets Tax Credit (NMTC) Allocation. ...
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Cinnaire Announces $8.5M NMTC Investment to Support Expansion of West Side Chicago School

Cinnaire announced the closing of an $8.5 million investment in New Markets Tax Credits (NMTC) to support the expansion of The Field School, a pre-K-8 private, nonprofit Christian school serving Chicago's Austin neighborhood. This investment will enable The Field School ...
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Three Cinnaire Projects Named Affordable Housing Finance Readers’ Choice Award Winners

  The Affordable Housing Finance (AHF) annual Readers’ Choice Awards honor and recognize outstanding affordable housing developments nationally in ten categories. Each project is unique and highlights the diverse range of affordable housing for families, seniors, formerly homeless individuals and ...
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Policy Pulse – September 2024

This edition of Policy Pulse provides updates on potential legislation developments leading up to November's election, the presidential candidates' housing plans, state budget appropriations for affordable housing and policy legislation throughout Cinnaire's footprint, and comments submitted by Cinnaire on rulemakings ...
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Development partners digging shovels in dirt for Henry St groundbreaking

Cinnaire Solutions and Olympia Development Begin Restoration on Detroit’s Historic Henry Street Apartments

Detroit's Henry Street Restoration Includes Seven Buildings, 170 Units and a Full City Block Marking a momentous day in The District Detroit, Cinnaire Solutions and Olympia Development of Michigan were joined on August 28 by Mayor Mike Duggan, Michigan State ...
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Keith Broadnax Honored with IAHC Leadership Award for Excellence in Affordable Housing Industry

  Cinnaire is proud to announce Keith Broadnax has been honored with the prestigious Indiana Affordable Housing Council (IAHC) Award for Leadership in Affordable Housing, recognizing his outstanding contributions and unwavering commitment to the industry. The award celebrates individuals who ...
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New State-of-the-Art McClellan Early Childhood Center Opens on Detroit’s East Side, Offering Education to Over 90 Children

  $8.75 million, state-of-the-art facility will provide education to over 90 children Yesterday, a celebration took place to mark the opening of the new McClellan Early Childhood Center (McClellan) in the Gratiot Woods neighborhood on the East Side of Detroit. ...
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Affordable Housing Finance Announces Readers’ Choice Finalists

Affordable Housing Finance (AHF) has announced thirty-eight inspiring developments have been named finalists in the 2024 Readers’ Choice Awards. The awards recognize the best affordable housing developments nationally in 10 categories. Each project is unique and highlights the diverse range ...
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Legislation Introduced to Clarify Fannie Mae and Freddie Mac’s Ability to Invest in Multi-Investor Funds

On August 1, a bipartisan group of legislators introduced the Preserving Rural Housing Investments Act, a bill in the U.S. Senate and House of Representatives that would clarify the ability of Fannie Mae and Freddie Mac to invest in multi-investor ...
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Cinnaire Joins Michigan Business Network to Present Results for Q2 2024 Michigan Future Business Index Survey

  In a recent statewide survey of 691 small to medium size businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated that while inflation is the biggest challenge for small businesses, finding customers and acquiring talent are ...
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Honoring the Career and Legacy of Jim Logue: Affordable Housing Legend Retires

Forty-Year Career Shaped Affordable Housing Industry Jim Logue, Cinnaire’s longtime Chief Operating Officer and most recently, Chief Policy and Advocacy Officer, is retiring this month after 21 years of dedicated service to our organization. Jim's career in the affordable housing ...
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Dignitaries at ribbon cutting in front of EV car and River Crest Apartments

Electric Vehicle Carshare Program Launched at Detroit’s River Crest Apartments

Residents of River Crest Apartments in Detroit’s east side—as well as the local community—have access to a new affordable, environmentally friendly transportation option with the launch of an electric vehicle carsharing system through the national Affordable Mobility Platform (AMP) program. A kickoff event ...
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Cinnaire Provides $5M Pre-Development Line of Credit to Michaels for 700+ Homes

Cinnaire Lending has announced the closing of a $5 million revolving pre-development line of credit to The Michaels Organization, a national leader in residential real estate with full-service capabilities in development, property management, construction and investment. The line of credit will ...
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Policy Pulse – June 2024

This edition of Policy Pulse provides updates on major developments at the federal level that could have significant impacts on affordable housing and community development.  Read about state budget and policy legislation throughout Cinnaire's footprint, steps the Biden Administration is ...
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Webinars to Update Partners on Next Steps for Climate United: Multifamily Approach

Cinnaire is pleased to share two upcoming webinars to inform partners on accessing National Clean Investment Funds to support greener multi-family housing. The sessions are hosted by our multifamily agency lending partner, CPC Mortgage, a member of the Climate United collaborative recently awarded $6.97 billion in ...
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Infographic with charts showing States' investments and audiences the housing will serve

Cinnaire Closes $175 Million Equity Fund 41 to Provide Housing in 4 Midwest States

Low-Income Housing Tax Credit fund will create or preserve more than 1200 affordable homes across the Midwest Cinnaire announced the closing of the Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor Low-Income Housing Tax Credit (Housing Credit) fund. ...
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Cinnaire Advances Economic Equity Through Youth Development Initiatives

Cinnaire is dedicated to advancing economic equity and actively supports organizations that empower the next generation and foster economic success. Junior Achievement (JA) is a global youth-serving organization that plays a vital role in preparing young people for future job ...
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Media Inquiries

Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here

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Cinnaire In Action

Silver Star Apartments is an 85-unit permanent supportive housing facility, providing veterans a safe, secure, and supportive place to call home. Located in Battle Creek, Michigan, Silver Star is adjacent to the Battle Creek VA Medical Center and serviced in-house by Zero Day. Zero Day offers veterans accredited vocational training, apprenticeship opportunities, supportive services, life skills mentoring, career coaching, and job placement. Cinnaire invested $16.7 million in Low-Income Housing Tax Credits.

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Home Office - Lansing
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Lansing MI, 48910

Indianapolis
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Indianapolis IN, 46204

Wilmington
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Wilmington, DE 19801

Chicago
225 West Washington, Suite 1350
Chicago, IL 60606

Madison
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Madison, WI 53703

Grand Rapids
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Grand Rapids, MI 49503

Detroit
2111 Woodward Avenue, Suite 600
Detroit, MI 48201

Milwaukee
231 E. Buffalo Street, Suite 302
Milwaukee, WI 53202

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