In The News

Cinnaire Granted Five Affordable Housing Program (AHP) Awards totaling $3.2 Million by the Federal Home Loan Bank of Chicago

Cinnaire announced today the award of $3,225,000 Affordable Housing Program (AHP) grants from the Federal Home Loan Bank of Chicago (FHLBank Chicago). The award will support five affordable housing developments with a total of 238 housing units. The AHP grants will support the acquisition, construction and/or rehabilitation of multifamily housing projects in Virden, IL; Barron, WI; […]

Cinnaire Granted Five Affordable Housing Program (AHP) Awards totaling $3.2 Million by the Federal Home Loan Bank of Chicago Read More »

Cinnaire Awarded $55 Million New Markets Tax Credit Allocation from CDFI Fund

Award Will Support Education, Vocational Training and Job Opportunities in Areas of Disinvestment  The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $55 million New Markets Tax Credit (NMTC) Allocation. The NMTC award supports Cinnaire’s mission to advance healthy communities and will focus on projects supporting education, including

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SWCAP, Cinnaire & Partners Celebrate Grand Opening for The Meadows in Darlington, WI

Cinnaire Solutions & SWCAP Partner to Develop New Affordable Housing Community for Farmworkers Cinnaire recently joined our partners at Southwestern Wisconsin Community Action Program (SWCAP) and Wisconsin Management Company to celebrate the grand opening for The Meadows, a 32-unit new construction affordable housing community in Darlington, WI, designed exclusively to support agriculture and farmworkers and their

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WSFS Cares Foundation Awards Cinnaire $150,000 to Support DE Catalyst Fund

DE Catalyst Fund Will Create Affordable Homeownership Opportunities Across Delaware The WSFS Cares Foundation, the charitable giving arm of WSFS Bank, announced Cinnaire will receive a $150,000 grant to support the DE Catalyst Fund, a partnership between Cinnaire and the Delaware State Housing Authority (DSHA) advancing equitable, affordable homeownership opportunities. Through the DE Catalyst Fund, both

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Cinnaire Solutions Launches My New Wilmington Home

New Program Guides Wilmington Residents to Homeownership Cinnaire Solutions has partnered with Stand By Me Delaware to help Wilmington, DE, residents achieve the dream of homeownership. The program offers free, private, one-on-one financial coaching from trained professionals who help potential homeowners achieve their goals. With support from a financial coach, participants in the program will

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Cinnaire’s NMTC Investment Brings Equitable Mixed-Use Housing & Social Entrepreneurship Incubator to the Heart of Detroit’s Midtown

Mixed use housing project in Detroit

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

Cinnaire’s NMTC Investment Brings Equitable Mixed-Use Housing & Social Entrepreneurship Incubator to the Heart of Detroit’s Midtown Read More »

Cinnaire Investments Capture Prestigious Charles L. Edson Tax Credit Excellence Awards

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

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Sarah Greenberg Appointed President, Cinnaire Lending

Sarah's headshot

Cinnaire has announced Sarah Greenberg has been appointed President, Cinnaire Lending. Sarah brings more than 19 years of experience to the role, serving most recently as Cinnaire’s Senior Vice President, Affordable Housing and Lending where she oversaw real estate lending and played a key role in structuring the lending department to support Cinnaire’s continued growth.

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Cinnaire Launches Jumpstart Martindale Brightwood to Empower Community Members as Developers to Revitalize Neighborhoods

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

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Cinnaire Named One of the Coolest Places to Work in Michigan for 9th Consecutive Year

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

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Cinnaire Comments on CRA Reform

The Community Reinvestment Act (CRA) remains a driving force behind private sector investment in underserved communities, including Cinnaire’s work to raise capital through equity investments and lending. The CRA has fundamentally been successful at increasing the level of bank activity that serves low- to moderate-income (LMI) communities and has been essential to the success of

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