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 […]

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.

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

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

From the Treasury.gov blog:  Today, President Obama delivered remarks on our growing economy and steady job growth at Ivy Tech Community College’s Corporate College and Culinary Arts Training Center in Indianapolis. The President’s visit underscores what is possible if we continue to make investments that increase opportunities for all Americans. The Corporate College and Culinary

Please follow the link to download a copy of Capital Fund Services Rate Sheet: Current Rates Updated February 2015 For more information please call 877-FOR-Cinnaire and ask to speak with someone from the CFS team.

Cinnaire proudly sponsors the Greater Lansing’s MLK Essay Contest and College Scholarship Fund for Third Year in a Row Today, Cinnaire is honored to partner with community institutions to applaud and support Greater Lansing’s Dr. Martin Luther King, Jr. Holiday Commision. Year after year, the MLK Commission puts on one of the largest and longest-running

CapFund New Markets has closed and financed a $9 million allocation of federal New Markets Tax Credits to support a new, leading edge, facility with more than 72,000 square feet, to meet the growing needs of the Warsaw, Indiana community. Kosciusko County YMCA partnered with Cinnaire-family company, CapFund New Markets LLC, to combine with funds

Cinnaire (Cinnaire) is pleased to announce the promotion of Fred Hash to Senior Vice President of Business Development. He has led business development for Cinnaire for the past fifteen years, and has worked in the community development industry for over thirty years. Previously, he served as Vice President/Director of Business Development for Cinnaire. He has

CapFund New Markets has closed and financed a $9 million allocation of federal New Markets Tax Credits to support an emergency shelter and counseling center for victims of domestic and sexual violence. HAVEN, the development sponsor, has served the Pontiac community for nearly 40 years, working to eliminate domestic violence and sexual assault across Oakland

Chicago-based Capital Fund Services (CFS), a related company of Cinnaire, arranged financing for a six apartment-home multifamily asset on the Southside of Chicago, Illinois. “The borrower is new to Chicago and we were pleased to help fund this smaller loan request as well as arrange a development line of credit,” said Loan Originator Paul De Kruiff, of