Supportive Housing Project to Provide 75 Affordable Apartments in St. Paul, MN  Cinnaire recently joined our partners from Emma Norton, Project for Pride in Living, St. Paul Mayor Melvin Carter, Council member Chris Tolbert, and Northern Division of Ryan Companies to celebrate the groundbreaking for Restoring Waters and Nellie Francis Court in St. Paul, MN. […]

Cinnaire was honored to join our partners from the Dr. Martin Luther King Jr. Commission of Mid-Michigan to host the 38th Annual MLK Day of Celebration at the Lansing Center on January 16th. Mark McDaniel, Cinnaire President and CEO, once again served as Honorary Chairperson for the celebration which featured special guest Fred Gray, a

In a recent study of 750 small to medium-sized businesses, respondents to the latest Michigan Future Business Index (MFBI) indicated inflation remains the number one challenge to doing business, but wage inflation is climbing the list, impacting profits and hiring. The semi-annual MFBI was commissioned by the Michigan Business Network. The survey is sponsored by

The Dr. Martin Luther King Jr. Commission of Mid-Michigan will host the 38th Annual Dr. Martin Luther King Jr. Day of Celebration on Monday, January 16th, at the Lansing Center. Cinnaire is a longtime supporter of the Mid-Michigan MLK Commission, a nonprofit dedicated to preserving the legacy and teachings of Dr. King, supporting community agencies,

Largest MidAtlantic Fund in Cinnaire’s History Will Bring 691 Homes in Three States Cinnaire has announced the closing of the largest MidAtlantic Low Income Housing Tax Credit (LIHTC) Fund in the organization’s history. The $86.3 million fund will bring more than 691 units of affordable housing to the region. Since 2013, Cinnaire has partnered with

Largest Fund in Cinnaire’s History Targets Support of 1,900 Affordable Homes  Cinnaire announced the closing of a $211 million Low Income Housing Tax Credit (LIHTC) Equity Fund with capital raised from fifteen institutional investors. The fund is the largest single equity fund in Cinnaire’s 29-year history and will infuse capital investments into 25 affordable housing

Companywide Charitable Giving Program Supports Diverse Organizations and Missions Across Cinnaire’s Footprint Cinnaire Cares, our companywide staff-funded charitable giving program, was developed by our employees through the Staff Engagement Committee to support our mission-driven partners in the communities where we live, work, and serve. Our employees contribute twice monthly to a fund established to support

Award Will Support Education, Vocational Training and Job Opportunities in Areas of Disinvestment  The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $55 million New Markets Tax Credit (NMTC) Allocation. The NMTC award supports Cinnaire’s mission to advance healthy communities and will focus on projects supporting education, including

DE Catalyst Fund Will Create Affordable Homeownership Opportunities Across Delaware The WSFS Cares Foundation, the charitable giving arm of WSFS Bank, announced Cinnaire will receive a $150,000 grant to support the DE Catalyst Fund, a partnership between Cinnaire and the Delaware State Housing Authority (DSHA) advancing equitable, affordable homeownership opportunities. Through the DE Catalyst Fund, both