“Connecting the Dots with Customer Service” From Fort Wayne to Mt. Pleasant to Madison! GLCF Delivers FREE Training and Educational Seminars

Cinnaire proudly offered three educational training seminars, “Connecting the Dots with Customer Service,” aiming to enhance the management and maintenance practices in our industry. The free seminars took place in Fort Wayne, Indiana; Mt. Pleasant, Michigan; Madison, Wisconsin and featured three industry experts as speakers. Many thanks to our speakers, Donna Hickey, Mark Cukro, and […]

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First Michigan-Based Privately Operated Development Finance Organization Launches

Cinnaire is pleased to announce that it has launched a new real estate financing tool, Develop Michigan (DMI), for Michigan-based projects.  Develop Michigan will play a dynamic role in financing commercial real estate projects, thus augmenting current efforts to transform and rehabilitate Michigan communities. Develop Michigan is an innovative nonprofit development finance organization formed through

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GLCF’s Fund 28 Closes – Delivering $109 Million of Capital Across Midwest

Cinnaire (Cinnaire) is pleased to announce the closing of its most recent fund, Cinnaire for Housing Limited Partnership XXVIII, or Fund 28, with $109 million raised to support affordable housing across the Midwest. Seven investors contributed to Fund 28, comprised of 5 banks and 2 insurance companies. One investor is a first time Housing Tax

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Derrick Collins Joins Great Lakes Capital Fund Board of Directors

Derrick Collins, Dean for the College of Business at Chicago State University, Joins Community Development Finance Institution Board  Lansing — Derrick Collins has joined Cinnaire’s Board of Directors. With an extensive career in finance, investment, and most recently, higher education, Derrick currently serves as the Dean for the College of Business at Chicago State University.

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Crawford Apartments Holds Ribbon Cutting Celebrates Permanent Supportive Housing for Bloomington Residents

CRAWFORD APARTMENTS PROVIDES QUALITY, AFFORDABLE APARTMENTS FOR PEOPLE WITH DISABILITIES EXPERIENCING CHRONIC HOMELESSNESS Bloomington – Today, Cinnaire, LIFEDesigns Inc., The Shalom Community Center and other partners celebrate the grand opening of Crawford Apartments. Cinnaire (Cinnaire) provided $5.49 million of Housing Credit equity to build Crawford Apartments. LIFEDesigns’ Crawford Apartments will provide twenty-five apartment homes for

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Green Meadows Will Provide 24 Quality, Affordable Homes to Springport, Michigan Residents

GREAT LAKES CAPITAL FUND INVESTS $1.6 MILLION IN AFFORDABLE FAMILY HOUSING, CREATES 36 JOBS SPRINGPORT – Cinnaire (Cinnaire) recently invested $1.6 million to rehabilitate Green Meadows Apartments in Springport, MI. Green Meadows will provide 24 apartment homes for working families. Through construction and recurring costs of operation, Green Meadows is projected to support 36 of jobs

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Kalamink Creek Will Provide 24 Quality, Affordable Homes to Webberville Residents

WEBBERVILLE – Cinnaire (Cinnaire) recently invested $1.7 million to rehabilitate Kalamink Creek in Webberville. Kalamink Creek Apartments will provide 24 for working families. Through construction and recurring costs of operation, Kalamink Creek is projected to add 36 jobs to the Webberville and the surrounding region. Additionally, the $1.7 million investment of Housing Credit equity will

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