In The News

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 […]

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Cinnaire Recognized as Best Nonprofit to Work For by the Nonprofit Times

Graphic for Best Nonprofit award

Cinnaire has been recognized as one of the 2022 Best Nonprofits to Work For by the Nonprofit Times, the leading business publication for Nonprofit Management. This is the eighth time Cinnaire has been honored as one of the nation’s best nonprofit to work for. The Nonprofit Times partners with Best Companies Group to conduct a survey

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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

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Cinnaire Names Deborah Toby Chief Human Resources Officer & Chief Diversity Officer

Cinnaire has announced the appointment of Deborah Toby to Chief Human Resources Officer and Chief Diversity Officer for the organization. Deborah brings more than 25 years of experience to the role, serving most recently as Executive Vice President, Human Resources, where she played a key role in implementing best practices for the integration of Cinnaire’s

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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

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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

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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

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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

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Mayor Duggan helps open former Transfiguration School after $7.2 million conversion to affordable housing

Brick school building renovated for affordable housing

Cinnaire Solutions joined Mayor Mike Duggan, Councilman Scott Benson, and Ethos Development today to officially open Transfiguration Place Apartments following a $7.2 million renovation of a historic former Catholic school building in the city’s Campau/Banglatown neighborhood. Beyond the addition of much-needed affordable housing, the transformation of Transfiguration Place Apartments is notable because it was borne

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