In The News

Advancing Communities Podcast: Jumpstart Wilmington – Program Graduates Jumpstart Development in Wilmington

Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer, Jim Peffley, with thought leaders, policy makers, and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by […]

Advancing Communities Podcast: Jumpstart Wilmington – Program Graduates Jumpstart Development in Wilmington Read More »

Cinnaire Partners with Property Bros & CDFI Friendly South Bend to Develop Affordable Homes for South Bend Families

Cinnaire’s Keith Broadnax and Lucius Vassar recently joined Mayor James Mueller, City Council members, community leaders, Property Bros LLC and CDFI Friendly South Bend to announce $500,000 in financing to bring safe, high quality, and affordable homes to South Bend, IN. At a time when more than one in four households struggle to pay rent,

Cinnaire Partners with Property Bros & CDFI Friendly South Bend to Develop Affordable Homes for South Bend Families Read More »

Cinnaire Partners with Project Destined & Detroit Public Schools Community District to Launch Second NextGenNow Cohort

For the second consecutive year, Cinnaire is partnering with the Detroit Public Schools Community District (DPSCD) to offer a six-week paid internship program to 20 Detroit high school students through Project Destined, a social impact program empowering the next generation of real estate owners and developers. An estimated 100 million Americans lack financial or investment

Cinnaire Partners with Project Destined & Detroit Public Schools Community District to Launch Second NextGenNow Cohort Read More »

Cinnaire’s Resident Rental Relief Fund Provides Support to 450 Families

Woman on sofa with three young children

In January 2021, Cinnaire established the COVID-19 Resident Rental Relief Fund to provide support to renters throughout our footprint suffering from financial hardship due to the pandemic. Cinnaire contributed $250,000 and Delta Dental, the nation’s largest provider of dental benefits, provided a $250,000 contribution to support the COVID-19 Resident Rental Relief Fund. While eviction moratoria

Cinnaire’s Resident Rental Relief Fund Provides Support to 450 Families Read More »

Cinnaire Closes $145 Million in Committed Capital for Development of Affordable Housing in Five States

Cinnaire has announced the closing of a $145 million Low Income Housing Tax Credit (LIHTC) equity fund that will finance the development or preservation of more than 1,600 affordable homes in five states. Nineteen investors, many of them repeat investors, are participating in the fund. “Our LIHTC equity funds bring together public and private partners

Cinnaire Closes $145 Million in Committed Capital for Development of Affordable Housing in Five States Read More »

Advancing Communities Podcast: Jumpstart Wilmington Training Program Provides Aspiring Developers Skills & Resources to Build Wealth & Revitalize Neighborhoods

Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer, Jim Peffley, with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by

Advancing Communities Podcast: Jumpstart Wilmington Training Program Provides Aspiring Developers Skills & Resources to Build Wealth & Revitalize Neighborhoods Read More »

Cinnaire Joins Partners to Celebrate Grand Opening for Broadway Lofts in Mt. Pleasant, MI

Yesterday Cinnaire joined Michigan Community Capital, the City of Mt. Pleasant, community leaders, and project partners to celebrate the grand opening for Broadway Lofts, a new mixed-use, four-story building. The project marks the largest development in downtown Mt. Pleasant in 40 years. Cinnaire provided an $11 million New Markets Tax Credit (NMTC) investment to support

Cinnaire Joins Partners to Celebrate Grand Opening for Broadway Lofts in Mt. Pleasant, MI Read More »

Cinnaire Cares Generates $25,224 to Support Mission-Driven Organizations

Cinnaire Cares was established to provide our staff with an opportunity to collectively make an impact and support the communities we serve. It is a 100% employee driven initiative that gives our team members an opportunity to support communities and community organizations financially and through direct service activities. Since Cinnaire Cares launched in 2017, our

Cinnaire Cares Generates $25,224 to Support Mission-Driven Organizations Read More »

Cinnaire & Wisconsin Bankers Association Launch Affordable Housing Community Fund

New LIHTC Equity Opportunity to Provide Safe, Affordable Housing for Wisconsin Families and Seniors  Cinnaire has partnered with the Wisconsin Bankers Association (WBA) to launch a $10 million Low Income Housing Tax Credit (LIHTC) equity fund to support the financing of the new construction or rehabilitation of affordable housing communities across Wisconsin. The fund, which

Cinnaire & Wisconsin Bankers Association Launch Affordable Housing Community Fund Read More »

Dr. Martin Luther King Commission of Mid-Michigan Mark McDaniel Legacy Scholarship Recipients

The Dr. Martin Luther King Jr. Commission of Mid-Michigan recently announced the recipients of the 2022 Mark McDaniel Legacy Scholarship, a competitive scholarship program designed to inspire and empower high school students from all backgrounds to achieve higher education. Since it began, the program has provided over $225,000 in scholarships. Cinnaire serves as a monumental

Dr. Martin Luther King Commission of Mid-Michigan Mark McDaniel Legacy Scholarship Recipients Read More »