Cinnaire Awarded $6.5 Million in CDFI Fund Grants

Cinnaire was awarded $6.5 million in grants from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to further its mission of supporting community stabilization and economic development. On Wednesday, September 21st, Cinnaire was awarded $5.5 million in grants through the CDFI Fund Capital Magnet Fund (CMF) program. The CDFI Fund received

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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. Volunteers from

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Crain’s Detroit Business Recognizes Cinnaire as a Cool Place to Work!

Cinnaire recently received the honor of being named #33 out of the 75 Michigan companies to be recognized as a Crain’s Detroit Business Cool Place to Work. This is the third time Cinnaire has been included on this prestigious list of outstanding companies. Crain’s hired Best Companies Group to gather data on employers and survey

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Cinnaire Closes $150M LIHTC Fund

Cinnaire has closed its most recent fund, Cinnaire Fund for Housing Limited Partnership 31, a low income housing tax credit fund that raised $150M of investment to support affordable, multifamily housing throughout the Midwest. The capital for Cinnaire Fund 31 came from a total of 14 investors, including two new investors. Cinnaire Fund 31 will help

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A MUST-READ! Immersion Mexico: Eye Opener in Nogales…Chaos, Sadness, and Hope

“I had a moment by myself and sat in the chapel. I was feeling very overwhelmed and humbled by everything I was seeing and hearing. I was amazed again at how passionate, committed people can make a difference in this world.” Read on to hear Cinnaire’s CEO and President, Mark McDaniel’s first-hand experience at the United States – Mexico

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Cinnaire Staff Events: Group Awesome Trip to Indianapolis

Cinnaire staff are assigned to teams which participate in small group outings from time to time throughout the year. The purpose for these employee events is to strengthen relationships among all Cinnaire employees, resulting in a strong and efficient team focused on improving communities and providing best-in-class services. Group Awesome, one of the Cinnaire teams,

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Cinnaire Celebrates Ribbon Cutting Ceremony for Mercantile Lofts

Last week Cinnaire joined Keystone Development LLC, Alliance Housing Development LLC, Milwaukee Mayor Tom Barrett, the Wisconsin Housing and Economic Development Authority (WHEDA) Executive Director Wyman Winston, Lieutenant Governor Rebecca Kleefisch, and other community members to celebrate the ribbon cutting ceremony for Mercantile Lofts. Located in the Walkers Point neighborhood in Milwaukee, the brand new

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Cinnaire Celebrates Stonebrook Townhomes Open House

The renovation of Stonebrook Townhomes (Phase I & II) is now complete. Last week, the development team including Ginosko Development Company (GDC), KMG Prestige, Hooker DeJong, DePadua Construction, Cinnaire and the Michigan State Housing Development Authority (MSHDA) joined local elected officials, including Mayor Rosalynn Bliss, to celebrate the open house. Stonebrook Townhomes is a 150-unit

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Cinnaire President & CEO wins 2016 Children’s Advocate Award

Community development leader and Cinnaire CEO wins 2016 Children’s Advocate Award Award includes specially designed art by Michigan sculptor LANSING, Mich. – The Michigan Children’s Trust Fund announced that it is awarding its 2016 Children’s Advocate Award to Mark McDaniel of Kalamazoo, president and CEO of Cinnaire, a community development financial institution in Lansing. As

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