Chris Neary, Cinnaire’s Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better Plan, the Community Reinvestment Act, and the busy agenda at the FHFA in the latest issue of Policy Pulse. Click here to see the January 2022 edition of Cinnaire’s Policy Pulse https://conta.cc/3tveuxd
Cinnaire’s Policy Pulse – January 2022 Read More »
The Dr. Martin Luther King Jr. Commission of Mid-Michigan will host the 37th Annual Dr. Martin Luther King Jr. Day of Celebration virtually on WILX-10 on Monday, January 17th, at 7:00 p.m. Cinnaire has been a longtime supporter of the Mid-Michigan MLK Commission, a nonprofit dedicated to preserving the legacy and teachings of Dr. King,
New Markets Tax Credit Provides Investment to Support New Headquarters & Manufacturing Facility for Tommy Car Wash Systems Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13 million in New Markets Tax Credit (NMTC) allocation. Cinnaire, in partnership with Michigan Community Capital (MCC), Huntington Bank,
Cinnaire & Partners Invest in Tommy Car Wash Systems Expansion Read More »
Cinnaire CEO Mark McDaniel Serves Up Pancakes to Support Homeless Families The 8th annual Haven House Pancake Palooza will be held virtually via zoom on February 12th at 9:00 a.m. Cinnaire CEO Mark McDaniel will join his fellow star servers Yvette Collins, Whitney Anderson-Harrell, Jeff Monroe, Sister Pat Newhouse, Jim Patterson, and Terry Stevens for
8th Annual Haven House Pancake Palooza Read More »
In a recent statewide survey of 609 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated while businesses are seeing a rebound in sales and profits compared to the June survey, talent shortages, supply chain challenges, and inflation are creating uncertainty for future projects. While past surveys revealed
Marquette Housing Commission Revitalizes 265 Affordable Apartments Cinnaire recently joined the Marquette Housing Commission, the Michigan State Housing Development Authority (MSHDA), Range Bank, Huntington Bank, First Contracting, Inc., and MCSA Group Inc. to celebrate the grand opening for Pine Ridge Marquette and Lake Superior Village Apartments in Marquette, MI. Developed by the Marquette Housing Commission,
Cinnaire & Partners Celebrate Grand Openings in Northern Michigan Read More »
Far too many veterans in the United States struggle to find an affordable place to call home. More than 37,000 veterans are homeless. At Cinnaire, we are committed to creating safe, affordable places to call home for all who have served our country. But we cannot solve this problem alone. The federal Low Income Housing
Meeting the Urgent Need for Safe and Affordable Housing for Our Heroes Read More »
Cinnaire has announced the promotion of Josh Ghena to Senior Vice President, Equity Business Funding. Mike Witt has been promoted to Senior Vice President of Asset Management. In these leadership positions, Josh and Mike will play a key role in supporting Cinnaire’s strategic plan and providing executive oversight for the organization’s $4.9 billion asset portfolio.
Cinnaire launched Jumpstart Wilmington to help Wilmington residents and people committed to revitalizing Wilmington to become developers of their own neighborhoods through quality, community-focused real estate development training and finance options. The Jumpstart Wilmington Loan Program provides financing for the acquisition and construction of residential, commercial, and mixed-use properties in Wilmington neighborhoods. The loan program
Jumpstart Wilmington Receives Grants Supporting Loan Program Read More »
“Working with MRI has been a great experience. We’re at the leading edge of real estate technology because of our work with MRI, and it’s had a meaningful impact on our business.” – Josh Ghena, Cinnaire Senior Vice President, Equity Business Funding Founded in 1971, MRI Software is a leading provider of innovative real estate
MRI Analytix: Business Intelligence Read More »
Recently, the Federal Housing Finance Agency (FHFA) announced that it would be requiring Fannie Mae and Freddie Mac to prepare Equitable Housing Finance Plans to advance equity in housing finance. In September, the FHFA issued a Request for Input on these plans, including its intention to require Fannie and Freddie to take actions within their power to
Cinnaire Comments on New Equitable Housing Plans for Fannie Mae and Freddie Mac Read More »
The Federal Home Loan Bank of Chicago (FHLBank Chicago) is granting $29.2 million through its Affordable Housing Program (AHP) General Fund to help finance 49 housing projects located primarily in Illinois and Wisconsin. These funds will support the acquisition, rehabilitation, and new construction of over 2,315 housing units. Cinnaire received a $5.3 million award to
