Corinne Hyzny

Cinnaire has announced the promotion of Lucius Vassar to Chief Legal Officer and Corporate Secretary. Lucius joined Cinnaire in 2018 as Detroit Market Lead and was soon promoted to Corporate Counsel and EVP, Equitable Engagement. Lucius has served as a trusted advisor for Cinnaire in both legal services and advancing the organization’s goals of equitable …

Cinnaire Names Lucius Vassar Chief Legal Officer & Corporate Secretary Read More »

Low-Income Housing Tax Credit fund will create nearly 1,500 affordable homes in five states Cinnaire announced today the closing of the Cinnaire Fund for Housing (Fund 39), a $151 million multi-investor Low-Income Housing Tax Credit fund. The fund will support the creation of 1,464 affordable homes across 14 new construction and rehabilitation projects in five …

Cinnaire Closes $151 Million in Committed Capital for Equity Fund Read More »

Cinnaire Solutions and the Grandmont Rosedale Development Corporation joined Detroit Mayor Mike Duggan and Detroit City Council President Pro Tem James Tate today to announce that renovations have begun on Grandmont Rosedale Park Collective II in Detroit’s Grandmont Rosedale neighborhood. The development, at 9710 W. Outer Drive, will renovate two vacant buildings, bringing 35 new …

Cinnaire Solutions Joins Grandmont Rosedale Development Corporation, City of Detroit Breaking Ground on Affordable Housing Read More »

Mel Trotter Ministries (MTM) and its subsidiary, Next Step of West Michigan, have been selected to receive New Markets Tax Credits (NMTC) from Cinnaire, Michigan Community Capital (MCC), Chase, and Consortium America. The tax credits will support a multi-site development which includes two buildings at the Next Step campus on Garden Street SE in Grand …

Mel Trotter Ministries Creating New Opportunities in Grand Rapids Read More »

Cinnaire has announced three new members have joined the organization’s Board of Directors to provide strategic direction supporting continued growth around Cinnaire’s commitment to investing in people and places to transform and create healthy communities. As recognized leaders in the public, business, and nonprofit sectors, Cinnaire’s board members bring a broad base of knowledge, experience …

Cinnaire Welcomes Trio of New Board Members Read More »

FOCUS Magazine is the Lansing Regional Chamber of Commerce’s monthly business publication designed to keep members up-to-date on economic, business and member news, and Chamber events and services while also keeping members informed on legislative and industry happenings. Cinnaire CEO Mark McDaniel recently sat down with the Lansing Chamber to share his expertise and weigh …

FOCUS Magazine – The Impact of the Housing Crisis Read More »

Cinnaire has announced the first funding round for the Delaware Catalyst Fund, a $20 million fund investing in affordable housing in Delaware communities, will open May 15th. The Catalyst Fund is a partnership between Cinnaire and the Delaware State Housing Authority (DSHA) designed to address vacant property in communities in Delaware disproportionately impacted by the …

Delaware Catalyst Fund Will Create Affordable Homeownership Opportunities & Build Equitable Neighborhoods Statewide Read More »

Norman Towers, an affordable housing community in Monroe, MI, features 109 bright and spacious homes offering independent living options for seniors. The historic property was originally constructed in 1918 as a boarding school and later became the only military boarding school in the State of Michigan. The substantial renovations preserved the historic features of the …

Norman Towers Featured in the Monroe News Read More »

Award Will Advance Equitable Development in Underserved Communities Throughout the Midwest & MidAtlantic Regions Cinnaire has announced the organization has received a $4.9 million Equitable Recovery Program (ERP) grant from the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund. The competitive grant program was designed to provide funding to CDFIs to expand lending, …

Cinnaire Awarded $4.9 Million CDFI Fund Equitable Recovery Program Grant Read More »

$24 million project will help more metro Detroiters battle substance use with residential treatment program. In addition to housing, The Anchor will allow for job-training, medical and health clinic, emergency shelter and more. New building will rise on existing campus, doubling its capacity while expanding services. Cinnaire Solutoins joined Mariners Inn, City of Detroit Mayor …

Cinnaire Solutions Joins Mariners Inn, City of Detroit Breaking Ground on Supportive Recovery Housing Read More »

Building Developed by Jumpstart Wilmington Graduate Provides 10-Units of Apartment Homes for Seniors Father/daughter development team Marva Hammond and Charlie Falletta joined with Cinnaire, local officials and community members to celebrate the grand opening for the Southbridge Community Services Building (SBCS) this week. The SBCS is a newly developed, mixed-use project with the first phase …

Jumpstart Wilmington Grad Celebrates Grand Opening of Mixed-Use Affordable Housing Project in Wilmington Read More »