Grand Opening Celebration for The McDaniel Apartments at Andy’s Place II

Andy’s Place Phase II expands nation-leading recovery housing model to support expectant families in recovery. Community leaders, recovery advocates, and public officials gathered in Jackson, Michigan, to celebrate the grand opening of The McDaniel Apartments at Andy’s Place II, a major expansion of Michigan’s first Permanent Recovery Supportive Housing (PRSH) initiative. The newly completed development […]

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Cinnaire Provides $38+ Million to Preserve Affordable Housing at Countryside Townhouses in Kentwood, MI

Graphic announcing funding for Coountryside Townhomes project

Cinnaire has announced the closing of a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with their partners CPC Mortgage Company to support the preservation and rehabilitation of Countryside Townhouses, a 146-unit affordable housing community in Kentwood, Michigan. The financing package also included a nearly $3 million equity

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Cinnaire Equity Partners Announces Ryan Robinson Retirement; Josh Ghena Named Interim President

Cinnaire is pleased to announce that Josh Ghena has been named Interim President of Cinnaire Equity Partners. Josh succeeds Ryan Robinson, who will be retiring from his role as President on August 31, 2025 after an impactful career with Cinnaire.  Over the past decade, Josh Ghena has been a driving force within our Equity business

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Building Trust, Structuring Returns: The New Standard in LIHTC Investment

Investor appetite, evolving expectations and the importance of strong partnerships are reshaping the standards in LIHTC investment. In the latest Novogradac Journal of Tax Credits, Josh Ghena, Senior Vice President of Equity Management at Cinnaire, examines how trust, transparency and thoughtful structuring are driving today’s investor engagement strategies. The article includes perspectives from Mark McDaniel,

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Latest Michigan Future Business Index Shows Economic Outlook Weakening Amid Rising Concerns Over Tariffs and Inflation

According to the latest Michigan Future Business Index (MFBI) survey, conducted among 644 small to medium-sized businesses statewide (with 514 completing the survey), concerns over inflation and tariffs are on the rise, while optimism about the economy and business growth is fading. The once-upward trajectory in key performance indicators such as sales, profits, hiring, wages,

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Two Cinnaire Projects Named Affordable Housing Finance Readers’ Choice Awards Finalists

Each year, Affordable Housing Finance (AHF) honors the best in affordable housing development through its AHF Readers’ Choice Awards, recognizing outstanding projects that demonstrate innovation, impact and a strong commitment to expanding access to high-quality, affordable homes. Each project is unique and highlights the diverse range of affordable housing for families, seniors, formerly homeless individuals

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Detroit Celebrates Groundbreaking of Preston Townhomes in Islandview Neighborhood

New 31-Unit Development Will Bring Affordable, Family-Focused Housing to Historic Community City officials, community leaders, and development partners gathered yesterday to break ground on Preston Townhomes, a transformative housing development that will deliver 31 new two- and three-bedroom townhomes to Detroit’s historic Islandview neighborhood. The project is being developed on the former site of Detroit

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Cinnaire Lending Supports Groundbreaking for Passive Living Development in Chicago’s West Humboldt Park

Dignitaries seated listening to a speaker in a construction site.

Cinnaire Lending recently joined 548 Development and City of Chicago leadership to celebrate the groundbreaking of West Humboldt Park Passive Living, a transformational affordable housing project on Chicago’s West Side. Cinnaire Lending provided $2 million in flexible financing to support this project and another innovative development by 548 Development, a rising Black-owned real estate firm committed

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Construction Begins on Aurora Place, a 40-Unit Affordable Housing Project in Washburn, WI

Dignitaries shovel dirt at Aurora Place's groundbreaking event

Community leaders, partners, and residents gathered at 318 N Superior Avenue to celebrate the groundbreaking of Aurora Place, a transformative affordable housing development that will bring 40 newly constructed, energy-efficient cottage-style homes to Washburn, Wisconsin. This visionary project is a partnership between Cinnaire Solutions, the City of Washburn, and Bayfield County, and aims to address

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Cinnaire Raises $340 Million for Affordable Housing Development and Preservation

Infographic showing the 11 states Cinnaire's Fund 43 is supporting and it's audience who benefits

 Low-Income Housing Tax Credit Fund – Largest in Organization’s History – will provide affordable housing for 5,400 people across 11 states. Cinnaire announced the closing of a $340 million Low-Income Housing Tax Credit (LIHTC) multi-investor fund (Fund 43)—the largest investment fund in the organization’s 32-year history. Designed to create housing that provides people a safe,

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