In The News

Cinnaire recently joined Hope Network, Grand Rapids Mayor Rosalynn Bliss and community partners to celebrate the groundbreaking for Eastpointe Commons, a $40 million affordable housing development on Fulton Avenue East in Grand Rapids, MI, spearheaded by Hope Network, a leading statewide nonprofit organization committed to transforming and rebuilding lives across Michigan. Eastpointe Commons aims to …

Cinnaire Joins Hope Network & Partners to Celebrate Eastpointe Commons Groundbreaking Read More »

Crain’s Detroit Business Best Places to Work Program Recognizes Companies with Excellent Workplace Culture, Leadership and Benefits Cinnaire has been named one of Crain’s Detroit Business Best Places to Work in Michigan for the 10th consecutive year. With Michigan offices in Lansing, Detroit, and Grand Rapids, Cinnaire is ranked 21 overall of out 100 organizations on …

Cinnaire Named Best Place to Work by Crain’s Detroit Business Read More »

Following catastrophic flooding during Hurricane Ida, building underwent $3 million renovation When Hurricane Ida hit Delaware on September 1, 2021, the neighborhood where Claymont Street Apartments is located was among the most impacted by flooding. Many residents were evacuated on boats and the building’s basement and first floor flooded completely under water. The building was …

Claymont Apartments Reopen Providing 29-Units of Affordable Housing in Wilmington Read More »

Optimism Remains on Improving Economy and Future Opportunities In a recent statewide survey of 615 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated even though the impacts of the weaking economy have emerged on the list of top challenges to doing business in Michigan in the past …

Q2 2023 Michigan Future Business Index: Michigan’s Small Businesses Report Inflation Eating into Their Profits Read More »

  Cinnaire is proud to announce that Dionna J. Sargent has been recognized with the esteemed Leon N. Weiner Award by Housing Opportunities of Northern Delaware, Inc. (HOND). The award was presented at the 39th Annual Fair Housing Observance and Awards Ceremony – “A View at Fair Housing Law: Creating Wealth for the Future” on …

Cinnaire’s Dionna Sargent Receives Prestigious Leon N. Weiner Award Read More »

Cinnaire has announced the promotion of Lucius Vassar to Chief Legal Officer and Corporate Secretary. Lucius joined Cinnaire in 2018 as Detroit Market Lead and was soon promoted to Corporate Counsel and EVP, Equitable Engagement. Lucius has served as a trusted advisor for Cinnaire in both legal services and advancing the organization’s goals of equitable …

Cinnaire Names Lucius Vassar Chief Legal Officer & Corporate Secretary Read More »

Low-Income Housing Tax Credit fund will create nearly 1,500 affordable homes in five states Cinnaire announced today the closing of the Cinnaire Fund for Housing (Fund 39), a $151 million multi-investor Low-Income Housing Tax Credit fund. The fund will support the creation of 1,464 affordable homes across 14 new construction and rehabilitation projects in five …

Cinnaire Closes $151 Million in Committed Capital for Equity Fund Read More »

Cinnaire Solutions and the Grandmont Rosedale Development Corporation joined Detroit Mayor Mike Duggan and Detroit City Council President Pro Tem James Tate today to announce that renovations have begun on Grandmont Rosedale Park Collective II in Detroit’s Grandmont Rosedale neighborhood. The development, at 9710 W. Outer Drive, will renovate two vacant buildings, bringing 35 new …

Cinnaire Solutions Joins Grandmont Rosedale Development Corporation, City of Detroit Breaking Ground on Affordable Housing Read More »

Cinnaire launched Women Empowered to Build (WE Build) in December of 2020 in the Detroit market to provide mentoring and capital to Black- and women-led development firms to accelerate the fundability, stability, and growth of their real estate development business. Throughout the last two years, Cinnaire provided technical assistance to the first cohort of WE …

WE Build Celebrates Inaugural Graduation Read More »

Keith Broadnax, Cinnaire Senior Vice President, Business Development, has been awarded the Coalition for Homelessness Intervention and Prevention (CHIP) Champion Award. The award celebrates an individual who embodies dedication and commitment to CHIP’s mission and champions the work of CHIP in the community. CHIP’s mission is to mobilize, advocate, and empower community collaboration towards ending …

Keith Broadnax Honored as CHIP Champion Read More »