In The News

Cinnaire’s Peter Giles and Sherita Smith recently joined Detroit Mayor Mike Duggan, City Council President Mary Sheffield, the Preservation of Affordable Housing (POAH), and Develop Detroit to celebrate the grand opening for The Freelon at Sugar Hill, a new mixed-use and mixed-income development located in Midtown Detroit’s Sugar Hill Arts District. Cinnaire provided $5 million […]

Two of Cinnaire’s investments have been awarded the prestigious Charles L. Edson Tax Credit Excellence Award (Edson Award). 1300 Residences, a 50-unit senior and veterans housing projects in River Falls, WI, has been selected as the recipient in the Green and Healthy Housing category, and Rauner Family Veterans Apartments by A Safe Haven Foundation, a

Indiana Based Jumpstart Program Builds on Cinnaire’s Commitment to Expand Access to Economic Opportunity Cinnaire and Martindale Brightwood Community Development Corporation (MBCDC) recently joined forces to launch Jumpstart Martindale Brightwood, a program designed to help Martindale Brightwood residents become developers of their own neighborhoods through quality, community-focused real estate development training and financing options. The

Crain’s Detroit Business Cool Places to Work Program Recognizes Companies with Excellent Workplace Culture, Leadership and Benefits Cinnaire has been named one of Crain’s Detroit Business Cool Places to Work in Michigan for the 9th consecutive year. With Michigan offices in Lansing, Detroit, and Grand Rapids, Cinnaire is ranked #19 overall out of 100 organizations on the

Two of Cinnaire’s investments have been selected as finalists for the 2022 Affordable Housing Finance (AHF) Readers’ Choice Awards. Kinser Flats, a 50-unit supportive housing project in Bloomington, IN, is a finalist in the Special Needs category and 1300 Residences, a 50-unit senior and veterans housing project in River Falls, WI, is a finalist in the Green

Early Childhood Center Financed by NMTC Provides Transformative Cradle-to-Career Educational Opportunities for Detroit Families  Cinnaire is pleased to announce its NMTC development, Marygrove Early Education Center, has been selected as honorable mention for the 2022 Novogradac Journal of Tax Credits Metro QLICI of the Year Award. The award program recognizes organizations that have made exceptional qualified

In a recent statewide survey of 536 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated inflation is the number one challenge to doing business in Michigan, knocking acquiring talent out of the top spot for the first time in nearly a decade. The semi-annual MFBI was commissioned

The U.S. Department of Treasury’s CDFI Fund has awarded Cinnaire $10 million through the Capital Magnet Fund, a competitive grant program designed to support the creation and preservation of affordable housing. The CDFI Fund Fiscal Year 2021 awards total $336.4 million to 59 organizations, marking the largest award round since the creation of the Capital