Cinnaire staff volunteer to clean up Lansing neighborhood

Capital Area Housing Partnership (CAHP) recently purchased homes at 316 Madison and 231 Lathrop in Lansing with plans to fully renovate the homes for qualified first time homebuyers. The Michigan State Housing Development Authority (MSHDA) and the City of Lansing’s Department of Development/Planning provided financing to allow the substantial renovation of these homes. “Our staff […]

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Cinnaire and Michigan Certified Development Corporation provide $90,000 Grant Funding to support small businesses in Flint and Saginaw

Recently, Cinnaire joined the Michigan Certified Development Corporation (MCDC) to provide grant funding to support the Metro Community Development Fund (Metro). In partnership with the Michigan Economic Development Corporation (MEDC) and Huntington Bank, Metro has established a $2M loan fund to provide capital to micro and small businesses. The loans will be in the range

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Cinnaire Receives Affordable Housing Program Grants from the Federal Home Loan Bank of Chicago

Cinnaire was awarded over $3.9 million from the Federal Home Loan Bank of Chicago (FHLBC) Affordable Housing Program (AHP). In their second year of submitting applications for the AHP awards, Cinnaire received the highest allocation of awards for all rental projects. Out of the 44 awards that were made, Cinnaire received seven awards, two of

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Cinnaire joins Discover Bank and the State of Delaware to support Urban Acres Produce

Cinnaire is proud to support the Urban Acres Produce (UAP) workforce development initiative.  UAP is a component of the East Side Rising’s Blueprint Community Program, a Federal Home Loan Bank-sponsored community revitalization effort.  Their mission is to create job and entrepreneurship opportunities in the food industry through retail and wholesale produce distribution networks that utilize

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Cinnaire celebrates building of new satellite outpatient clinic in Calumet

Cinnaire recently joined Portage Health and Upper Great Lakes Family Health Center to celebrate the building of a brand new, satellite outpatient clinic facility in Calumet, located in the Keweenaw Peninsula of Michigan. The clinic will primarily house Upper Great Lakes Family Health Center, a Federally Qualified Health Center (FQHC), as well as health services

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Michigan Banks Generate $12.5 Million for the Development of Affordable Housing

Cinnaire and Michigan Bankers Association established an equity fund for low-income seniors, families and residents with disabilities Cinnaire  and  Michigan Bankers Association Service Corporation (MBASC) recently closed its fourth housing equity fund, generating $12.5 million to support the development and rehabilitation of 10 different apartment communities across the state, providing 669 units of quality, safe

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Cinnaire Annual Meeting – Delaware

Cinnaire’s Wilmington, Delaware location held our Annual Meeting on Monday, October 31st at the Hotel du Pont in downtown Wilmington.  We are immensely grateful to our sponsors, JP Morgan Chase, TD Bank and Discover Bank for supporting this event, which hosted over 75 guests including investors, partners and developers.  Featured speaker, Mark Pinsky, gave a

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