In The News

Transfiguration Place Apartments will Provide 19 Affordable Homes for Detroit Residents  Mayor Mike Duggan and the Detroit Housing & Revitalization Department joined developers Ethos Development Partners and Cinnaire Solutions to kick off the $7.2 million renovation of the former Transfiguration School in the Banglatown neighborhood that will see the historic building turned into affordable housing. […]

While most federal races were decided in November, this week’s runoff elections in Georgia will determine control of the U.S. Senate and prospects for the Biden Administration’s legislative agenda. Join Jim Peffley, Bobby Rozen, and Shannon Ross for a discussion about the impact of the 2020 election results on the policy landscape in Washington and

Companywide Charitable Giving Program Supports Organizations Throughout Cinnaire’s Footprint  The Cinnaire Cares giving program is a staff-funded and driven initiative that was developed by our employees. The program gives our team members an opportunity to support our mission-driven partners in the communities we live, work and serve. Our employees contribute twice monthly to a fund

Cinnaire has established the COVID-19 Resident Rental Relief Fund to provide support to renters throughout our footprint that have suffered financial hardship due to the pandemic. Cinnaire has contributed $250,000 to the fund and Delta Dental, the nation’s largest provider of dental benefits, has announced a $250,000 contribution to Cinnaire’s COVID-19 Resident Rental Relief Fund.

The New Markets Tax Credit (NMTC) Coalition has released a new report, NMTC at Work in Communities Across America, featuring updated state statistics sheets on NMTC efficacy and more than 80 tax credit success stories. From business expansions to new healthcare and childcare facilities, the NMTC program is a flexible incentive for economic development that meets

Purpose Built Community Will Bring 74 Units of Affordable & Workforce Housing to Wilmington, DE Cinnaire announced the investment of $9.8 million in Low-Income Housing Tax Credit (LIHTC) equity to support the first phase of construction for Riverside Redevelopment, a community-led master-planned redevelopment of Northeast Wilmington’s Riverside neighborhood. The project is a partnership between REACH,

Cinnaire and MBA Service Corporation 2020 Community Fund is Largest Joint Fund Yet  Cinnaire and the Michigan Bankers Association Service Corporation (MBASC) recently announced the closing of the partnership’s sixth affordable housing investment fund – the largest fund in its joint history – generating $16 million to support the development and rehabilitation of at least eight

Cinnaire Solutions, Olympia Development of Michigan, and the City of Detroit jointly announced today a partnership created to explore new affordable housing options in The District Detroit. Brought together by their shared goal of community-minded development, this public-private collaboration will work to address the need for increased affordable housing in Detroit. “We are optimistic and

Veterans Day is a holiday honoring those who have served our country. Celebrated on November 11th in honor of the eleventh hour of the eleventh day of the eleventh month of 1918 that signified the end of World War I, the holiday provides an opportunity to pay tribute to all American veterans. At Cinnaire, we

The Federal Home Loan Bank of Chicago (FHLBank Chicago) has announced $24.8 million has been granted through its competitive Affordable Housing Program (AHP) to help finance 44 housing projects located in Illinois and Wisconsin. With these awards, FHLBank Chicago is investing in the acquisition, rehabilitation, and new construction of over 2,000 units of affordable housing.

Cinnaire recently joined our partners to celebrate the groundbreaking for the Allen Place Project in Lansing, MI After more than 21 years of providing food and health related services to Lansing residents, the Allen Neighborhood Center (ANC) has partnered with Cinnaire Solutions to undertake a major rebuild. The organizations have joined forces to raise a

Each year, we honor Veterans Day as a national day for reflection and due respect to those courageous individuals who have served our country in the military. This year more than ever, I feel an even more intense gratitude for the sacrifices and commitment our service members have made so that we can experience the