In The News

Cinnaire Closes $175 Million Equity Fund 41 to Provide Housing in 4 Midwest States

Infographic with charts showing States' investments and audiences the housing will serve

Low-Income Housing Tax Credit fund will create or preserve more than 1200 affordable homes across the Midwest Cinnaire announced the closing of the Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor Low-Income Housing Tax Credit (Housing Credit) fund. The fund comprises 14 investors and will support the creation or preservation of 1,228 affordable […]

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Cinnaire Advances Economic Equity Through Youth Development Initiatives

Cinnaire is dedicated to advancing economic equity and actively supports organizations that empower the next generation and foster economic success. Junior Achievement (JA) is a global youth-serving organization that plays a vital role in preparing young people for future job opportunities. By providing innovative and hands-on learning experiences in financial literacy, work readiness and entrepreneurship,

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Cinnaire Celebrates the Grand Opening of Two New Affordable & Supportive Housing Developments in St. Paul, MN

Cinnaire joined our partners from Project for Pride in Living and Emma Norton Services to celebrate the grand opening for Restoring Waters and Nellie Francis Court, two new affordable housing developments in St. Paul’s Highland Bridge development. Project for Pride in Living (PPL), an equitable and inclusive organization committed to elevating the voices of the

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Advancing Communities Podcast: Asset Management With A&M – Troubled Assets

Coverslide of asset management podcast with Kristin bolan

Cinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bring together thought leaders, policy makers, and others to discuss issues, share strategies and provide resources to professionals working in the field of asset management (AM). In this month’s podcast, Identifying and Managing Troubled/Special Assets,

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Cinnaire Holds Groundbreaking for The Collective on Fourth In La Crosse

Exterior of The Collective on 4th Apartment complex

Cinnaire Solutions and Northernstar Companies Development to Provide 62 Units of Mixed-Income Housing  On May 8, 2024, Cinnaire Solutions and the Northernstar Companies broke ground on a $16 million new construction multi-family housing development in La Crosse, WI. The Collective on 4th will offer 62 mixed-income residences in partnership with the City of La Crosse, reactivating a

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Cinnaire Recognized With DEI+B Excellence Award

Cinnaire has been named the 2024 recipient of the prestigious Lansing Regional Chamber of Commerce (LRCC) Diversity Star award. The award honors organizations that demonstrate a solid commitment to advancing equity and creating inclusive environments, champion efforts for diversity and equitable practices in the workplace and beyond, support underserved and underrepresented employees and communities and

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Advancing Communities Podcast: Asset Management With A&M – The Developer’s Perspective

Graphic for Podcast episode 3 of AM with A&M

Cinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bring together thought leaders, policy makers, and others to discuss issues, share strategies and provide resources to professionals working in the field of asset management (AM). In this month’s podcast, April

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Cinnaire Announces Key Leadership Promotions

Headshots of J. Everhart, D. Strong Hill and R Robinson

Jennifer Everhart Named Chief Impact Officer; Donsia Strong Hill Named Executive Vice President of Equitable Engagement & Impact Strategies; and Ryan Robinson, President, Cinnaire Syndication Cinnaire announced the promotion of several team members to key new leadership positions in alignment with the organization’s long term strategic plan. These new executive level positions will support Cinnaire’s

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Ubuntu Fund Secures $55 Million Investment from Prominent Financial Institutions to Create Pathways for Equitable Access

Cinnaire has announced the closing of the $55 million Ubuntu Fund, an equitable access fund developed to support affordable housing development with underinvested developers in the Midwest region. The creation of this fund was made possible through the investments of leading financial institutions – JPMorgan Chase, PNC Bank, KeyBank, and Fifth Third Bank. The fund

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Cinnaire Supports CARH Scholarship Foundation

Cinnaire staff at CARH presentation

The Council for Affordable and Rural Housing (CARH) serves stakeholders in the affordable housing industry and works to ensure low-income residents of rural America have access to safe, reliable and affordable housing. Cinnaire recently announced a $20,000 donation supporting the CARH Scholarship Foundation, a program providing college scholarships to students who reside in CARH-member properties.

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Cinnaire Celebrates MLK Day with Dr. Martin Luther King Jr. Commission of Mid-Michigan

Cinnaire was proud to join our partners from the Dr. Martin Luther King Jr. Commission of Mid-Michigan to host the 39th Annual MLK Day of Celebration at the Lansing Center. The event, one of the largest and longest running celebrations in the country, featured keynote speaker Ruby Bridges, a civil rights advocate, along with gospel

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Fifth Third Bank Loan Opens Doors for Cinnaire’s Community Development Work in IL, MI

Cinnaire Lending Corporation (CLC), a certified Community Development Financial Institution has been awarded a $5 million Equity Equivalent investment, or EQ2, from Fifth Third Bank. Cinnaire Lending will leverage Fifth Third’s $5 million commitment to provide financing to developers for the rehabilitation and construction of affordable for-sale homes, multifamily housing and community facilities in Illinois

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