JPMorgan Chase Awards $1.5 Million to Pilot Program of Cinnaire, CHN Housing Partners

Program Designed to Increase Homeownership in Detroit On the heels of yesterday’s announcement from JPMorgan Chase that it had expanded its investment in Detroit’s economic recovery to reach $200 million by the end of 2022, the company today announced the award of $1.5 million to help fund a pilot program designed to transfer the ownership of […]

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Advancing Communities Podcast – The Power of Homeownership: CHN’s Kevin Nowak

Each month, Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer Jim Peffley with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a  range of topics, each supporting the belief that all people deserve the opportunities provided

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Oak Park Community Celebrates Completion of Jefferson Oaks

Ribbon-cutting ceremony and neighborhood celebration mark official opening of new community that includes 60 apartments and townhomes for working individuals and families Community leaders, newly moved-in residents and development partners celebrated the completion of Jefferson Oaks, a new 60-unit mixed-income community that transformed the vacant Thomas Jefferson School in Oak Park into affordable, high-quality residential

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Cinnaire Celebrates Grand Opening of Mott Community College Culinary Arts Facility

New Markets Tax Credit Provides Financing to Support Culinary Arts Education in Flint, MI Cinnaire recently joined Mott Community College Administrators, Congressman Dan Kildee, Celebrity Chef Carla Hall, community leaders and Mott students to celebrate the grand opening of the Mott Community College Culinary Arts Facility. Cinnaire, in partnership with Chase, provided a $9 million

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Cinnaire Launches New Five-Year Strategic Plan

Today Cinnaire unveiled the organization’s 2019-2023 Strategic Plan, a culmination of almost a year’s research and goal setting built with the input of Cinnaire’s staff, board of directors and a group of partners. The comprehensive plan will guide Cinnaire’s growth and amplify the impact the company creates throughout its nine-state geography. “Cinnaire’s 2019-2023 Strategic Plan

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Cinnaire Announces $55 Million Allocation in U.S. Treasury New Markets Tax Credits

Award Will Support Economic Development in Midwest & Mid-Atlantic Region Cinnaire announced today that the organization has received a $55 million New Markets Tax Credit (NMTC) award from the U.S. Department of Treasury’s CDFI Fund. Cinnaire was one of 73 organizations selected from a pool of 214 applicants nationally. In total, the CDFI Fund announced

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Cinnaire Awarded Funding from $3.2 Million Delaware Strong Neighborhoods Housing Fund

Cinnaire was honored this week to be among the organizations awarded grants from the Delaware State Housing Authority’s (DSHA) Delaware Strong Neighborhoods Housing Fund. Seven projects in Delaware, including two Cinnaire supported initiatives, will receive $3.2 million from Delaware’s Strong Neighborhoods Housing Fund to address vacant, abandoned or foreclosed properties, Governor John Carney announced at

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Advancing Communities Podcast: CDFIs: Adina Abramowitz Tells All

Each month, Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer Jim Peffley with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a  range of topics, each supporting the belief that all people deserve the opportunities provided

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Cinnaire Announces First Property Purchased for Indianapolis’ Equitable Transit-Oriented Development Fund

INHP Purchases Property Near Red Line Station for Affordable Housing Cinnaire announced today the closing of a $400,000 loan with the Indianapolis Neighborhood Housing Partnership® (INHP) for land acquisition for development of affordable housing one block from a Red Line bus rapid transit station in Indianapolis. The investment is the first loan from the $15

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Governor Whitmer, Senator Shirkey Join Community Leaders to Celebrate Groundbreaking of Andy’s Place

Nation’s First Model for Permanent Supportive Recovery Housing Breaks Ground in Jackson. MI Andy’s Place, a 50-unit residential facility developed as part of the Michigan Permanent Recovery Supportive Housing (PRSH) initiative in response to Michigan’s opioid crisis, officially broke ground this week in Jackson. The $13 million project is funded through a public-private partnership that

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Cinnaire Invests in First City Modern Building to Open in Detroit

The Flats at 124 Alfred Provide Modern, Affordable Housing Designed Exclusively for Seniors Cinnaire recently joined Bedrock, Mayor Mike Duggan, Detroit City Councilwoman Mary Sheffield, Fifth Third Bank, community leaders and residents to celebrate the grand opening for The Flats at 124 Alfred. Located in Detroit’s historic Brush Park neighborhood, The Flats is the first

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Check out Cinnaire Sessions & Panels at the BMCC Conference

Cinnaire’s team of leaders in the community development and affordable housing industries are featured in sessions and on panels with our partners throughout the conference. Visit us at our booth or check as out at one of these sessions!   Monday, April 29th Building Healthy Michigan Communities Speaker: Mark McDaniel Avoiding Pitfalls During Construction and

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