In The News

Cinnaire Podcast: How to Flourish as an Emerging Developer

Cover slide showing title and speakers for Cinnaire podcast

What it Takes to go from the First Deal to a Lasting Development Career Join us for this episode of Cinnaire’s Advancing Communities Podcast, moderated by Alice Mwinzi, Loan Officer for Cinnaire Lending, and featuring guest speakers Keith Broadnax, Senior Vice President, Market Lead for Indiana/Illinois and Monty Childs, Senior Vice President, Business Development at […]

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Three Cinnaire Projects Named Affordable Housing Finance Readers’ Choice Awards Finalists

Cinnaire is proud to announce that three developments it supported with financing have been named finalists in the 2026 Affordable Housing Finance (AHF) Readers’ Choice Awards, one of the affordable housing industry’s most recognized honors. The McDaniel Apartments in Jackson, Michigan, Oshki-Gakeyaa in Minneapolis, Minnesota, and Harken in St. Paul, Minnesota were selected for their

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Michigan Future Business Index Sees Sales Growth but Rising Costs and Uncertainty Temper Optimism

Graphic for the Michigan Future Business Index survey

Michigan’s small and medium-sized businesses are reporting stronger sales and renewed optimism for future growth, but persistent inflation, rising healthcare costs, tariffs and economic uncertainty continue to weigh heavily on profitability, according to the latest Michigan Future Business Index (MFBI) released by Cinnaire and Michigan Business Network. Conducted by ROI Insight, the Q2 2026 survey

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Jennifer Calery Named Executive Director of NASLEF, Continues Role with Cinnaire

The National Association of State and Local Equity Funds (NASLEF) has appointed Jennifer Calery as Executive Director. In this role, Jen will lead the association’s advocacy, member engagement, and strategic initiatives, advancing NASLEF’s efforts to strengthen mission-driven equity funds and expand affordable housing opportunities nationwide.  As she assumes her new role with NASLEF, Jen will continue

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Grand Opening of Aurora Place Brings Affordable, Energy-Efficient Homes to WI

Cinnaire staff members condut ribbon cutting in from of Aurora Place sign

Community leaders, partners and residents gathered July 8,2026, to celebrate the grand opening of Aurora Place, a new affordable housing community that brings 40 newly constructed, energy-efficient cottage-style homes to Washburn, Wisconsin. Developed through a partnership between Cinnaire Solutions, the City of Washburn and Bayfield County, Aurora Place was created to address the growing need

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CARH Scholarship Named in Honor of Cinnaire CEO Mark McDaniel Celebrates the Power of Housing, Education, and Opportunity

Opportunity was at the center of a special recognition during this year’s Council for Affordable and Rural Housing (CARH) Annual Meeting and Legislative Conference, where the CARH Scholarship Foundation named one of its 2026 scholarships in honor of Cinnaire CEO Mark McDaniel. The recognition celebrates a career dedicated to expanding access to affordable housing and

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Policy Post – June 2026

This edition of Policy Pulse provides updates on the passing of the ROAD to Housing Act, Federal appropriations process, states affordable housing/community development budgets, and state and federal legislation updates. Click here to see Cinnaire’s June 2065 Policy Pulse enewsletter – ttps://conta.cc/4uDODir  

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Jumpstart Wilmington Transitioning from Cinnaire to Destiny Community Development Corporation

Cinnaire is excited to share an important milestone in the evolution of Jumpstart Wilmington. Effective July 1, 2026, leadership and administration of the program will transition from Cinnaire to Destiny Community Development Corporation (Destiny CDC), a Wilmington-based nonprofit organization with a long-standing commitment to economic development, workforce advancement, housing initiatives, youth empowerment, and community revitalization.

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Minock Park Place Brings New Mixed-use Development, Senior Housing to Detroit

Developers, community partners and neighborhood residents celebrated a new chapter of investment on Grand River Avenue with the completion of Minock Park Place, a mixed-use development bringing affordable senior housing and commercial space to Detroit’s Grandmont Rosedale neighborhood. The ribbon cutting marked a milestone for senior housing, corridor revitalization and continued neighborhood growth.  Developed by Cinnaire Solutions

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Kingwood Community Center Named Novogradac Metro QLICI of the Year

Cinnaire is proud to celebrate the Kingwood Community Center in Wilmington, DE, as the 2026 recipient of the prestigious Novogradac Qualified-Low Income Community Investment (QLICI) of the Year Award, a recognition honoring CDEs who strive for excellence in community development. The new 80,600 square foot Kingswood Community Center represents a significant milestone in the revitalization

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Grand Vista Place and Riverview 220 Open Doors in Michigan’s Capital City

Community leaders, partners, and residents came together this week to celebrate the grand opening of Riverview 220 and Grand Vista Place, two significant housing developments that expand access to affordable homes in Lansing and contribute to the overall growth of the area. Together, the projects represent a nearly $42 million investment. The event brought together

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Cinnaire Closes $307M LIHTC Equity Fund, Expanding Affordable Housing Across 10 States

Infographic with impact data on number of people, housing projects and states benefiting from Fund 45 investments

Cinnaire announced the closing of a $307 million Low-Income Housing Tax Credit (LIHTC) equity fund— the second largest investment in the organization’s history. Cinnaire’s Fund for Housing Limited Partnership 45 (Fund 45) will finance the creation and preservation of 2,259 affordable housing units across 27 properties in ten states, directly benefiting 5,196 residents. Fund 45

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