George Floyd, dead at the hands of the police. Breonna Taylor, dead at the hands of the police. Ahmaud Arbery, dead at the hands of vigilantes. I say their names to etch them into my heart and mind, to come to grips with the horror of it, the inhumanity of it. These names, these lives […]
A Message from our CEO: Cinnaire Stands in Solidarity Read More »
Cinnaire has announced the promotion of Ryan Robinson to Executive Vice President, Operations and Corporate Risk Management. Affordable housing industry veteran Mike Witt has joined Cinnaire as Vice President, Asset Management. In these leadership positions, Ryan and Mike will each play a key role in supporting Cinnaire’s strategic plan while building on the organization’s strong
Content provided courtesy of the Delaware Bankers Association The Small Business Administration’s Paycheck Protection Program (SBA PPP) is an unprecedented government initiative to provide desperately needed financial assistance to the small business community in response to the coronavirus pandemic. Banks and other financial institutions have been asked by the government to serve as the delivery
SBA Paycheck Protection Program (PPP) Funds Available Read More »
The Bloomington Housing Authority announced today the closing of $17.8 million in funding for the preservation and renovation of 116 units at their Reverend E.D. Butler and Walnut Woods Communities in Bloomington, Indiana. Thanks to an allocation of $11 million in Tax Exempt Bond Volume Cap and a low-income housing tax credit allocation from the
Cinnaire Announces Closing of Funding for CDFI Friendly Bloomington Developments Read More »
Cinnaire’s Policy Pulse is an evolving update on policy developments, reports and trends designed to keep us informed on how federal issues and policies affect the affordable housing and community development industries. In this issue, Chris provides an update on the Paycheck Protection Program (PPP), what’s ahead for Congress in the coming weeks, and shares opportunities
Cinnaire’s Policy Pulse: The Federal COVID-19 Policy Response Read More »
As the COVID-19 situation has unfolded over the past few months, businesses across the real estate industry have been faced with the need to swiftly respond to a rapidly evolving set of circumstances. Given the face-to-face nature of the industry, many organizations struggled to adopt work-from-home policies while still effectively serving their clients, constituents and
MRI Software Features Cinnaire’s COVID-19 Response as Best Practices Read More »
Over the past 12 years, Cinnaire has partnered with the MBA Service Corporation to create five LIHTC equity funds. These five funds totaling $58 million were supported by 27 community banks to help finance the new construction or rehabilitation of 44 apartment communities creating 3,363 affordable housing units in 32 cities and small towns across
Cinnaire and Michigan Bankers Association Announce New LIHTC Equity Fund Read More »
In this COVID-19 Special Series episode of Advancing Communities Podcast, Cinnaire CSO Jim Peffley talks with Steve Spears, CFO of Mercy Housing, a national nonprofit developer, manager, and lender of affordable housing properties. Jim and Steve discuss the challenges diverse organizations like Mercy Housing face and how they are navigating through the COVID-19 crisis. This timely
Navigating and Learning through Uncharted Territory Panel In this Special Series Episode of the Advancing Communities Podcast, Cinnaire CSO Jim Peffley digs deep into the impact of COVID-19 on CDFIs and the partners we serve. Five experienced CDFI leaders candidly share their strategies, best practices and experience on navigating and learning through COVID-19 and beyond. The
Special Series Podcast: CDFI Continuity & COVID-19 Read More »
In this informative CDFI Continuity & COVID-19 Webinar, five experienced CDFI leaders candidly share their strategies, best practices and experience on navigating and learning through COVID-19. View the webinar and learn their front line perspectives on: Experiences they are addressing with the crisis as leaders in the industry Perspectives on what they each learned from
CDFI Continuity & COVID-19: Watch the Webinar Recording Read More »
COVID-19 has created many challenges for affordable housing owners, managers, and tenants. In this Special Series episode of Advancing Communities Podcast, Cinnaire CSO Jim Peffley digs deep into some of these challenges with Paul Spencer, President & CEO, KMG Prestige and Dana Hanchin, President & CEO, HDC MidAtlantic, who each lead companies managing affordable apartment communities.
CDFI Continuity & COVID-19 Navigating & Learning this Uncharted Territory CDFIs are resilient, with decades of experience lending in all economic conditions. Our experience navigating the economic repercussions of the 2008 recession make CDFIs uniquely positioned to provide leadership and expertise to the communities we serve. In the face of the COVID-19 crisis and all
Cinnaire/CDFI Friendly America – Free Webinar, Thursday, April 16 Read More »
