To Date DMI has Financed Projects with $248 Million of Total Development Costs Develop Michigan, Inc. (DMI) is a key financing partner for commercial real estate developers committed to fostering economic development and the revitalization of the Michigan economy. DMI Provides $1 Million Loan to Support Renovation of Historic North Channel Furniture Store in Manistee, […]
Develop Michigan Closes its 17th Michigan Investment Read More »
The latest issue of Avenues to Affordability is online now. Click here to read the latest issue!
Avenues to Affordability: Making Great Impact Read More »
Project Will Provide Educational Opportunities and Revitalization in Downtown Flint, Michigan Cinnaire recently provided $9 million in New Markets Tax Credits (NMTC) allocation to support the development of the Mott Community College Culinary Arts Facility. Chase, as the NMTC investor, joined Cinnaire in the financing of this project. Uptown Reinvestment Corporation, a non-profit development organization,
Cinnaire Invests in Mott Community College Culinary Arts Facility Read More »
We have an unwavering belief that all people deserve the opportunities provided by living in healthy communities. The Cinnaire team put that message into action by helping families in need with our annual food drive this holiday season. This year, we extended our food drive efforts throughout our footprint, donating a total of 11,314 pounds of
Holiday Food Drive Read More »
Building Your Bench Strategies for developing future leaders “Being identified as a future leader excites me about working for Cinnaire,” said Stephanie Stoll. As a specific, she cited the regular CEO lunches, in which president & CEO Mark McDaniel takes a group of young leaders to lunch and poses questions that are important topics he’s
Stephanie Stoll Featured in Tax Credit Advisor Read More »
Total Project Costs of $244 Million Develop Michigan, Inc. (DMI) is a key financing partner for commercial real estate developers committed to fostering economic development and the revitalization of the Michigan economy. DMI has announced the closing of a $1 million pre-development loan to support the renovation of the historic Woolworth Building in Detroit, MI.
Develop Michigan Closes its 16th Michigan Investment Read More »
Cinnaire recently joined our partners from the Ministry of Caring, Inc., Mayor Mike Purzycki, Delaware State Housing Authority (DSHA) Director Anas Ben Addi, Senator Harris B. McDowell, Representative Charles Potter, local officials and community leaders to celebrate the start of construction for the Village of St. John. Located on Market Street in Wilmington, DE, the Village
Village of St. John Groundbreaking Read More »
Dionna Sargent Recognized for her Significant Contribution of Technical Expertise Supporting Award Application The Central Baptist Community Development Corporation (CDC) recently received a Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) Affordable Housing Program (AHP) award. The grant will support the Eastside Rising Lacy Redevelopment Project, providing affordable housing to two very low-income families in
Cinnaire was awarded $3.8 million from the Federal Home Loan Bank of Chicago (FHLBank Chicago) competitive Affordable Housing Program (AHP). The FHLBank Chicago announced more than $24.1 million in AHP awards to help finance 42 affordable housing projects located primarily in Illinois and Wisconsin. Cinnaire received six awards that will assist in the new construction,
Grants will Support Cinnaire’s Community Development and Revitalization Efforts in Wilmington, DE      Cinnaire recently received grants from Discover Bank and TD Bank to support our significant investment and focused revitalization initiative in Wilmington. The grants will enable us to provide critical capacity building and on-the-ground support to our local partners that will
Cinnaire Receives Grants from Discover Bank and TD Bank Read More »
Project will Support Healthy Living, Education and Youth Development in Marshfield, WI Cinnaire recently provided a $7.2 million New Market Tax Credit (NMTC) allocation to support the expansion and rehabilitation of the Marshfield Area YMCA. Forward Community Investments (FCI) is providing a $7.8 million NMTC allocation. Chase, as the NMTC investor, facilitated the financing of
Cinnaire Invests in Marshfield Area YMCA Read More »
The latest issue of Avenues to Affordability is online now. Click here to read the latest issue.
Avenues to Affordability: An In-Depth Look at Federal Home Loan Banks Read More »
