Building Steeped in Grand Rapids History Secures Necessary Financing to Finish Renovations

Building Steeped in Grand Rapids History Secures Necessary Financing to Finish Renovations Downtown’s Harris Building, home to ArtPrize exhibits, will soon complete second and third floor venue space The iconic Harris Building in Grand Rapids’ Heartside district is almost finished renovating its multi-faceted, loft-style venue. However, up until just a few months ago, financing obstacles […]

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Capfund New Markets Awarded $55 Million in New Markets Tax Credits to Continue Community Development Investments

Capfund New Markets One of 76 Community Development Entities to Receive New Markets Tax Credits from $3.5 Billion Funding Round The U.S. Department of Treasury awarded Capfund New Markets $55 million in the most recent round of New Markets Tax Credit (NMTC) allocations, the largest award Capfund New Markets has received to date. New Markets

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Thank You to GLCF University of Affordability Conference Sponsors

A BIG THANK YOU TO ALL OF OUR ATTENDEES AND SPONSORS! Cinnaire would like to recognize the following companies for their sponsorship of the University of Affordability Conference: Indiana Association for Community Economic Development (IACED) Plante Moran Medallion Management Community Reseach Services Sloniker & Woodgate FHLBI Arthur J. Gallagher & Co. Crestline Communities Baker Tilly

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Develop Michigan Delivers $23 Million in Statewide Project Financing

Develop Michigan Inc. (DMI) closed eight loans totaling over $23 million in the last year. This investment in the Comeback State brings critical financing to commercial real estate developments in Michigan and leverages total investment of $58 million. DMI was formed as a collaboration between the Cinnaire, the Development Finance Group and the Michigan Economic

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Thank you to GLCF’s University of Affordability Sponsors!

A BIG THANK YOU TO ALL OF OUR SPONSORS! Cinnaire would like to recognize the following companies for their sponsorship of the University of Affordability Conference: IACED Plante Moran Medallion Management Community Reseach Services Sloniker & Woodgate FHLBI Arthur J. Gallagher & Co. Crestline Communities Baker Tilly Millennia Housing Continental Management Michigan Asset Group DOZ-Dauby,

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University of Affordability Preview: Blue Chip Casino Information & Rocky Bleier and Kurt David to be Featured Speakers

We are very pleased to announce that we will be hosting our annual University of Affordability Conference in Michigan City, Indiana at the Blue Chip Casino Hotel & Spa. Blue Chip is nestled in the heart of Northwest Indiana and just 40 minutes east of the Chicago City Limits overlooking beautiful Lake Michigan. Cinnaire University of Affordable Housing

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Great Lakes Capital Fund’s Detroit office moves to the heart of Woodward Avenue

Community Development Finance Institution relocates its Detroit office to the Palms Building on Woodward Ave., across from Comerica Park Today, Cinnaire relocates its Detroit office from 25th Avenue in Southwest Detroit to 2111 Woodward Avenue, Suite 600, in the historic Palms Office Building, above the Fillmore Theatre. The move puts Cinnaire (Cinnaire), a full-service community

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HDC MidAtlantic to honor Delaware housing exec as Housing Advocate of the Year

James Peffley is the first recipient of the award from outside Pennsylvania.  Housing Development Corporation MidAtlantic President Michael R. Carper announced today that the nonprofit will name James Peffley its 2015 Housing Advocate of the Year at HDC’s Faces of Affordable Housing banquet in April. The banquet will be held from 5 to 9 p.m.

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New Delaware Capital Fund Brings $9M to Market Street Apartments Development in Wilmington

Delaware Community Investment Corp. Makes its First Investment From $23 Million Fund to Support Community Development Market Street Apartments has officially broken ground and construction is underway to renovate three historic commercial buildings to provide 76 quality, affordable apartment homes to downtown residents. The development represents almost $27 million of investment in the heart of

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GLCF Delivers the Whole Package in Elgin RAD Housing Development

There are groundbreakings, and there are heartfelt groundbreakings — like the one that took place for new affordable housing for seniors in Elgin, Illinois. “We appreciate every one of you,” Housing Authority of Elgin resident Elizabeth Odumuyiwa, who serves as association president for Central Park Tower, told a crowd of dignitaries during Tuesday’s ceremony. “(We

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