In The News

Cinnaire Invests $7 Million in NMTC to Support Tillamook Decatur Creamery Expansion

picture of Tillamook Creamery factory and information about cinnaire's investment funding

Cinnaire is proud to announce a $7 million investment in New Markets Tax Credits to support the rehabilitation and expansion of the former Prairie Farms dairy plant into the Tillamook Decatur Creamery. The facility, located at 757 N Morgan St. in Decatur, is being transformed into a modern, 79,000-square-foot creamery to enhance Tillamook County Creamery […]

Cinnaire Invests $7 Million in NMTC to Support Tillamook Decatur Creamery Expansion Read More »

Cinnaire Closes $190 Million Low-Income Housing Tax Credit Fund

Artist rendering of the Riverview 4-story apartment complex

Cinnaire has announced the closing of the Cinnaire Fund for Housing Partnership 42, a $190 million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. This significant milestone will support the creation or preservation of 1,478 affordable multifamily homes across 21 properties, serving over 3,400 individuals. Notably, for the first time in its history, Cinnaire is investing

Cinnaire Closes $190 Million Low-Income Housing Tax Credit Fund Read More »

La Joya Gardens Grand Opening Brings New Affordable Housing & Retail Space to Southwest Detroit

Chris Laurent, Cinnaire Solutions, and other dignitaries standing inside La Joya Gardens

New $25 million mixed-use development offers 53 residential units, including 42 affordable and 11 market-rate apartments, with vibrant community and retail spaces In January, co-developers Southwest Detroit Business Association (SDBA) and Cinnaire Solutions celebrated the grand opening of La Joya Gardens, a transformative mixed-use, mixed-income development located at 4000 W. Vernor Highway. The event highlighted

La Joya Gardens Grand Opening Brings New Affordable Housing & Retail Space to Southwest Detroit Read More »

Cinnaire Solutions Celebrates Two Affordable Housing Projects in Detroit

Cinnaire Solutions and the Grandmont Rosedale Development Corporation (GRDC) celebrated the grand opening of one affordable housing development, and broke ground on a second development in Northwest Detroit. The joint event celebrated the grand opening of The Residence at West Outer Drive, and the groundbreaking of Minock Park Place, to show and celebrate increasing investments

Cinnaire Solutions Celebrates Two Affordable Housing Projects in Detroit Read More »

Empowering Communities: Cinnaire Cares Raises $78,000 to Fuel Mission-Driven Initiatives

At Cinnaire, giving back is woven into the fabric of who we are. Cinnaire Cares, our companywide, staff-funded charitable giving initiative, exemplifies our commitment to supporting mission-driven organizations in the communities where we live, work and serve. Developed by our employees through the Staff Engagement Committee, Cinnaire Cares highlights the strength of collaboration and compassion.

Empowering Communities: Cinnaire Cares Raises $78,000 to Fuel Mission-Driven Initiatives Read More »

Cinnaire Joins Michigan Business Network to Present Results for Q4 2024 Michigan Future Business Index Survey

According to the latest Michigan Future Business Index (MFBI) survey, which included responses from 406 small to medium-sized businesses across the state, concerns regarding inflation, interest rates, and a weak economy are easing as businesses evaluate their challenges in Michigan. Acquiring and retaining talent continues to be the most significant challenge for these businesses. Notably,

Cinnaire Joins Michigan Business Network to Present Results for Q4 2024 Michigan Future Business Index Survey Read More »

Policy Pulse – Post Election Edition

The recent election results at the federal level have set off a cascade of developments in Washington, offering a preview of an unpredictable few years ahead. Potential policy changes – especially the upcoming “Tax Super Bowl” – could be consequential for affordable housing and community development. This edition of Policy Pulse describes the balance of power in

Policy Pulse – Post Election Edition Read More »

Advancing Communities Podcast: Asset Management with A&M – Women in Asset Management

Coverslide for A&M podcast with pictures of Moderators

Episode 6: Women in Asset Management Join us for this month’s episode of Cinnaire’s Advancing Communities Podcast, featuring the asset management series AM With A&M. Hosted by April Priebe and Miranda Bialk, this series dives into strategies, insights, and resources for professionals working in the field of asset management. In the US, only 12% of

Advancing Communities Podcast: Asset Management with A&M – Women in Asset Management Read More »

Cinnaire Hosts Groundbreaking Ceremony for Chapel Branch Apartments

Cinnaire, Delaware State Housing Authority (DSHA), Sussex County, Volker Development, Inc., and Stearns Bank hosted a groundbreaking ceremony on December 12, for Chapel Branch Apartments, an affordable housing development in Lewes, Delaware. Speakers included DSHA Director Cynthia Karnai; Jake Stern, Senior Vice President, Business Development at Cinnaire; Amy Walls, Senior Principal, Community Reinvestment at Discover;

Cinnaire Hosts Groundbreaking Ceremony for Chapel Branch Apartments Read More »

Cinnaire Receives $6 Million in AHP Awards from FHLBank Chicago

Graphic with picture of construction workers and text stating Cinnaire received $6 million in AHP Awards

Cinnaire has been awarded $6 million in Affordable Housing Program (AHP) subsidies by the Federal Home Loan Bank of Chicago (FHLBank Chicago) to support three transformational housing projects in Illinois and Wisconsin. These awards will help finance the renovation, adaptive reuse, and new construction of 233 affordable housing units, advancing Cinnaire’s mission to provide equitable

Cinnaire Receives $6 Million in AHP Awards from FHLBank Chicago Read More »

Scroll to Top