$42 Million Development Provides Mixed-Income Housing and Retail Space Cinnaire recently joined city and state officials, developers and new residents to celebrate the completion of the $42 million Diamond Place, a mixed-use affordable housing and retail development, in Grand Rapids, MI. Cinnaire provided a $16 million Low Income Housing Tax Credit (LIHTC) investment, an $8 […]
Cinnaire Celebrates Diamond Place Completion Read More »
A Path Forward: Chicago’s Salvation Army Freedom Center For over 70 years, the Salvation Army Freedom Center has served the needs of people living in the greater Chicago area. Previously operating out of a dilapidated building, the Freedom Center relocated to Chicago’s westside Humboldt Park neighborhood. Cinnaire invested $9 million in New Markets Tax Credits
Tax Credit Advisor: NMTC Case Study Read More »
The Federal Home Loan Bank of Indianapolis (FHLBI) recently announced Jim Logue has been elected Board vice-chair. Dan Moore, President and CEO of Home Bank in Martinsville, has been elected as board President. “I am proud to say that we have a very active and involved Board, and I know that the election of Dan
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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 living in
Advancing Communities Podcast Episode 4: Two-part episode Read More »
Cinnaire was recently selected as a Detroit Free Press Top Workplace 2018. The companies recognized in the Detroit Free Press Top Workplaces program were selected from the results of an employee survey. The Detroit Free Press partnered with Energage, an employee research and culture technology firm to determine the 2018 Top Workplaces, presented by the Better Business Bureau. “We
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Today, the Opportunity Investment Consortium of Indiana officially launched in efforts to intentionally champion the transformation of Opportunity Zone neighborhoods into vibrant places for residents and businesses. The Consortium has just released an online portal to aid in matching projects in need of funding in these specified census tracts to potential investors. This morning in Indianapolis, more than 100 community
Cinnaire Receives Celebration of Regional Growth Award from the Lansing Regional Chamber of Commerce The Lansing Regional Chamber recently announced Cinnaire is one of four recipients to receive the 2018 Celebration of Regional Growth (CORG) Award. Established in 2006, the CORG award honors organizations that are leading the ongoing transformation of the Greater Lansing region. Cinnaire has
Cinnaire Honored for Investment in Greater Lansing Region Read More »
As the Community Development Market Leader, Dionna Sargent leads Cinnaire’s Priority City Initiative in Wilmington, DE, focusing on identifying resources and opportunities to further comprehensive community development objectives in the city. She recently traveled to Malawi, Africa, to volunteer to build homes for people in need with Habitat for Humanity. Dionna’s service work is driven by her Why
Living Our Why: Dionna Sargent Read More »
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 living
Advancing Communities Podcast Episode 3 Read More »
Cinnaire recently announced Susan Frank has been named Executive Vice President, Business Development. In this new position, Susan will be responsible for directing the company’s growth strategy throughout Cinnaire’s 9-state footprint, including community development initiatives, equity and debt. Susan has been involved in the affordable housing and community development industry for more than 25 years.
Susan Frank Named Executive Vice President, Business Development Read More »
Project Partners Work Together to Create Welcome Baskets for New Residents Located in Oak Park, MI, Jefferson Oaks is a $17.6 million, 60-unit mixed-income community. Developed by Community Housing Network (CHN), Jefferson Oaks is on the site of the former Thomas Jefferson School building and campus, which was transformed into 20 apartment homes and eight
Cinnaire Celebrates Grand Opening at Jefferson Oaks & Woodland Place Read More »
Financial Assistance Award will Support Healthy, Vibrant Communities Cinnaire recently received a $900,000 Financial Assistance (FA) award from the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund. The award will be used to provide creative loans and flexible financing to support low-income, distressed communities throughout Cinnaire’s footprint. The CDFI Fund provides FA awards
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