Cinnaire Launches Jumpstart Martindale Brightwood to Empower Community Members as Developers to Revitalize Neighborhoods

Indiana Based Jumpstart Program Builds on Cinnaire’s Commitment to Expand Access to Economic Opportunity Cinnaire and Martindale Brightwood Community Development Corporation (MBCDC) recently joined forces to launch Jumpstart Martindale Brightwood, a program designed to help Martindale Brightwood residents become developers of their own neighborhoods through quality, community-focused real estate development training and financing options. The […]

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Cinnaire Named One of the Coolest Places to Work in Michigan for 9th Consecutive Year

Crain’s Detroit Business Cool Places to Work Program Recognizes Companies with Excellent Workplace Culture, Leadership and Benefits Cinnaire has been named one of Crain’s Detroit Business Cool Places to Work in Michigan for the 9th consecutive year. With Michigan offices in Lansing, Detroit, and Grand Rapids, Cinnaire is ranked #19 overall out of 100 organizations on the

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Cinnaire Comments on CRA Reform

The Community Reinvestment Act (CRA) remains a driving force behind private sector investment in underserved communities, including Cinnaire’s work to raise capital through equity investments and lending. The CRA has fundamentally been successful at increasing the level of bank activity that serves low- to moderate-income (LMI) communities and has been essential to the success of

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Cinnaire Partners with CPC Mortgage Company and NEF To Form Industry’s Only Impact-Driven Multifamily Mortgage Lender

Sector-Defining Partnership of Nonprofit Companies Bring Social Responsibility Lens to Mortgage Lending With Focus on Affordable, Workforce Housing  Today, Cinnaire, The Community Preservation Corporation (CPC) and National Equity Fund (NEF) announced a joint partnership in CPC Mortgage Company, a national mortgage lending company specializing in multifamily Agency finance products. This first-of-its-kind cooperative leverages the resources and

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Two Cinnaire Projects Named Affordable Housing Finance Readers’ Choice Finalists

Two of Cinnaire’s investments have been selected as finalists for the 2022 Affordable Housing Finance (AHF) Readers’ Choice Awards. Kinser Flats, a 50-unit supportive housing project in Bloomington, IN, is a finalist in the Special Needs category and 1300 Residences, a 50-unit senior and veterans housing project in River Falls, WI, is a finalist in the Green

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Marygrove Early Education Center Selected as Honorable Mention for National Metro QLICI of the Year Award

Announcement of Marygrove recognized as a Novogradac community development of the year, with photos of early education building and ribbon cutting

Early Childhood Center Financed by NMTC Provides Transformative Cradle-to-Career Educational Opportunities for Detroit Families  Cinnaire is pleased to announce its NMTC development, Marygrove Early Education Center, has been selected as honorable mention for the 2022 Novogradac Journal of Tax Credits Metro QLICI of the Year Award. The award program recognizes organizations that have made exceptional qualified

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Cinnaire Joins Michigan Business Network to Present Results for Q2 2022 Michigan Future Business Index Survey

In a recent statewide survey of 536 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated inflation is the number one challenge to doing business in Michigan, knocking acquiring talent out of the top spot for the first time in nearly a decade. The semi-annual MFBI was commissioned

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CDFI Fund Awards Cinnaire $10 Million in Capital Magnet Fund Grants to Support Affordable Housing

The U.S. Department of Treasury’s CDFI Fund has awarded Cinnaire $10 million through the Capital Magnet Fund, a competitive grant program designed to support the creation and preservation of affordable housing. The CDFI Fund Fiscal Year 2021 awards total $336.4 million to 59 organizations, marking the largest award round since the creation of the Capital

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Juneteenth: More Than Just a Day

On June 17, 2021, President Biden signed legislation making Juneteenth a federal holiday, the first national holiday to be established since Martin Luther King Day in 1983. Juneteenth commemorates the end of slavery in the United States. At Cinnaire, we understand the incredible significance of this historic moment, and view Juneteenth not just as a

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Cinnaire NMTC Development Recognized with National Real Estate QLICI of the Year Award

Ivy Tech Automotive Technology Center One of Five Businesses Receiving 2022 Novogradac Journal of Tax Credits Award Cinnaire has announced its NMTC development, Ivy Tech Automotive Technology Center in Indianapolis, has been recognized with a prestigious 2022 Novogradac Journal of Tax Credits Real Estate QLICI of the Year Award. The Novogradac Journal of Tax Credits Community Development QLICIs

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Cinnaire Cares – Gaylord Strong

Gaylord, a small community in Northern Michigan, was recently devastated by a tornado. The 150-MPH EF-3 storm wreaked havoc across the region, destroying businesses and neighborhoods, and displacing individuals and families. Following the storm, the Boys and Girls Club of Alpena sprang into action, opening their gym as a local drop site for donations to

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