The recent election results at the federal level have set off a cascade of developments in Washington, offering a preview of an unpredictable few years ahead. Potential policy changes – especially the upcoming “Tax Super Bowl” – could be consequential for affordable housing and community development. This edition of Policy Pulse describes the balance of power in […]
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Episode 6: Women in Asset Management Join us for this month’s episode of Cinnaire’s Advancing Communities Podcast, featuring the asset management series AM With A&M. Hosted by April Priebe and Miranda Bialk, this series dives into strategies, insights, and resources for professionals working in the field of asset management. In the US, only 12% of
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Cinnaire, Delaware State Housing Authority (DSHA), Sussex County, Volker Development, Inc., and Stearns Bank hosted a groundbreaking ceremony on December 12, for Chapel Branch Apartments, an affordable housing development in Lewes, Delaware. Speakers included DSHA Director Cynthia Karnai; Jake Stern, Senior Vice President, Business Development at Cinnaire; Amy Walls, Senior Principal, Community Reinvestment at Discover;
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Cinnaire has been awarded $6 million in Affordable Housing Program (AHP) subsidies by the Federal Home Loan Bank of Chicago (FHLBank Chicago) to support three transformational housing projects in Illinois and Wisconsin. These awards will help finance the renovation, adaptive reuse, and new construction of 233 affordable housing units, advancing Cinnaire’s mission to provide equitable
Cinnaire Receives $6 Million in AHP Awards from FHLBank Chicago Read More »
Cinnaire has been named a Detroit Free Press Top Workplace 2024. For the 17th year, the Detroit Free Press partnered with Energage, a leading employee research and culture technology firm, to identify and honor Michigan’s best workplaces. Cinnaire earned a ranking of #4 out of 69 companies on the 2024 Midsize Top Workplaces. The ranking
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Minnesota Indian Women’s Resource Center Breaks Ground on Renovation to Expand Housing and Support Services for Native American Community On November 20, the Minnesota Indian Women’s Resource Center (MIWRC) broke ground to celebrate the launch of a comprehensive redevelopment at its Minneapolis property. This project will create 24 permanent supportive housing units for individuals with
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Cinnaire Solutions, the nonprofit, mission-driven real estate development company within Cinnaire, is pleased to announce the addition of two distinguished professionals to its Board of Directors. These new members bring a wealth of expertise in banking, real estate, grant funding, and leadership development, further strengthening the organization’s governance and commitment to transparency. Strong governance is
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Redevelopment Project in Detroit’s Eight-Mile-Wyoming Neighborhood to Revitalize Historic School, Creating 100 Units of Affordable Housing On November 19, 2024, officials and community members gathered to break ground for the Higginbotham Art Residences, a transformative project that will convert the historic William E. Higginbotham School into 100 units of affordable housing. Located in Detroit’s Eight-Mile-Wyoming neighborhood, the
Casa Del Rey Apartments to Bring 50 Affordable Homes to Pontiac Coleman Allen LLC, alongside local officials and community partners, officially broke ground on Casa Del Rey Apartments, marking the beginning of a $15.5 million transformation of a century-old Moorish-style building at 111 Oneida Street in Pontiac’s historic Seminole Hills district. The development will create
Developers Break Ground on Vacant Century-old Pontiac Apartment Redevelopment Read More »
In a new initiative to develop future leaders within the affordable housing industry, Cinnaire has partnered with the Housing Partnership Network (HPN) to launch the Next Gen Talent Academy, powered by Project Destined. This multi-week program is designed to fast-track careers in real estate development, asset management, financing, and operations. Through this collaboration, Cinnaire aims
This edition of Policy Pulse provides an overview of the state and federal landscape in advance of the 2024 election, the ramifications of potential legislation, the presidential candidates’ housing plans, and how shifts in party control may impact affordable housing and policy legislation throughout Cinnaire’s footprint. Click here to see Cinnaire’s October 2024 Policy Pulse
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Cinnaire is proud to announce The Meadows has been named the Wisconsin Council for Affordable and Rural Housing (WI-CARH) Property of the Year, an award recognizing outstanding affordable housing developments in Wisconsin. Nicole Solheim, Cinnaire Solutions Vice President, Development, joined our partners from Wisconsin Management Company to accept the award at the 25th Annual WI-CARH
The Meadows Named WI-CARH Property of the Year Read More »
