Fund Management
Cinnaire Low Income Housing Tax Credit funds have been used to create tens of thousands of affordable housing units to date.
Why Invest in Cinnaire?
For more than 30 years, Cinnaire has built relationships with a strong base of investors and developers across our nine-state geography. Our professionals are experts at balancing expectations of each party and creating the best transaction for everyone. We’re dedicated to matching investors with product and doing it effectively even under rapidly changing market conditions. This is our Culture of Why.
A Double Bottom Line Opportunity: Doing Well by Doing Good
Cinnaire Low-Income Housing Tax Credit funds have been used to create tens of thousands of affordable housing units to date. Additionally, we leverage New Markets Tax Credits to stimulate investments specifically to bring jobs and much-needed services to distressed communities. And investments we make using the Historic Tax Credit program transform historic buildings – often iconic landmarks in their neighborhoods – into full up-to-date housing, commercial, and community spaces.
Since our inception in 1993, we have directed more than $6.3 billion to more than 1,100 development projects. Those investor dollars have helped build 69,000 units of affordable housing. We’ve created or retained more than 98,000 jobs While leveraging more than $11.7 billion in overall community impact. We invest in a range of developments that include affordable housing for families, homeless individuals and veterans, the elderly and disabled. We currently have 78 tax credit equity funds under management. We are serious about the business of providing all people the opportunities of living in healthy communities.
By investing with Cinnaire, you can have a tangible impact on communities-in-need by financing positive change. You’ll quickly realize our entire team–from analysts to senior staff–are committed to devising the best possible deal to meet the needs of our developers, investors and the people who will call the final product home.
Investor Information
Fund Reporting Deadlines
Cinnaire Fund reporting is provided to Investors on a quarterly basis and published to the Investor Portal on or before the following quarterly due dates.
Funds Reports (Due 45 Days After Quarter End)
- Q4 – February 15
- Q1 – May 15
- Q2 – August 15
- Q3 – November 15
Investor Specific Reports (Due 60 Days After Quarter End)
- Q4 – May 31 (post lower-tier tax return filing deadline)
- Q1 – May 31
- Q2 – August 30
- Q3 – November 30
Link to Investor Portal
Published information for the Investor can be found on the Investor Portal. Published information includes Fund reporting, benefit schedules, fund-level audits and tax returns, Investor specific K-1’s, and more.
Meet the Fund Management Team
Jenn
Tony
Jillian
30 Years of Community Impact
Cinnaire In Action
In 2013, Colony and Fisher Arms Apartments, one of the most problematic buildings in Detroit’s history, embarked on a multi-million dollar rehabilitation and restoration process. Renamed River Crest Apartments, the century-old brick building features 161 affordable, modern units, with a restored lobby featuring a marble stairway and elegant panel walls.
A successful and committed partnership between Cinnaire, Chesapeake Community Advisors, Inc., Building Blocks Non-Profit, and the City of Detroit allowed for unique financing, a new and improved management approach, and wide-spread community impact.
