Corinne Hyzny

Following catastrophic flooding during Hurricane Ida, building underwent $3 million renovation When Hurricane Ida hit Delaware on September 1, 2021, the neighborhood where Claymont Street Apartments is located was among the most impacted by flooding. Many residents were evacuated on boats and the building’s basement and first floor flooded completely under water. The building was …

Claymont Apartments Reopen Providing 29-Units of Affordable Housing in Wilmington Read More »

  Cinnaire is proud to announce that Dionna J. Sargent has been recognized with the esteemed Leon N. Weiner Award by Housing Opportunities of Northern Delaware, Inc. (HOND). The award was presented at the 39th Annual Fair Housing Observance and Awards Ceremony – “A View at Fair Housing Law: Creating Wealth for the Future” on …

Cinnaire’s Dionna Sargent Receives Prestigious Leon N. Weiner Award Read More »

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 »

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 »

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 »