In The News

River Crest Apartments receives prestigious PRISM award from the Detroit Metropolitan Apartment Association

Cinnaire recently announced that River Crest Apartments in Detroit, MI, has received the Renovated Community of the Year PRISM Award. River Crest Apartments provides 161 safe, affordable apartment homes near Detroit’s Gold Coast, Indian Village and East Village historic neighborhoods. Prior to the $24M renovation the apartment community was one of the most problematic buildings […]

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Cinnaire celebrates grand opening at River View Place in St. Louis, MI

Vibrant new apartment community provides affordable housing to seniors Cinnaire recently joined DeShano Companies, Inc., the development team and community leaders to celebrate the grand opening of River View Place Apartments. The development of River View Place was made possible by the Michigan State Housing Development Authority (MSHDA) tax credit program for affordable multi-family development

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Cinnaire Announces New Team Members

Cinnaire recently announced two new positions in the Lansing, MI, office and the Detroit, MI, office. Nathan Dickinson recently joined Cinnaire as an Assistant Underwriter in the Lansing, MI office. In this role, Nathan will be responsible for analyzing real estate debt and equity investments and assessing the risks associated with these potential investments. Nathan received

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Cinnaire – Live from The Great Lakes Lenders Conference

Cinnaire CEO Mark McDaniel, Chief Strategy Officer Jim Logue and Executive Vice President Rick Laber were recently featured in interviews on WJR Radio’s The Frank Beckman Show during a live broadcast from the Great Lakes Lenders Conference. The three shared their perspective on the affordable housing industry, policy impacting community redevelopment and Cinnaire’s role in

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Cinnaire Invests in State-of-the-Art Manufacturing Facility in Elmira

EJ Group Project will retain 350 jobs for Northern Michigan Residents Cinnaire, a full-service Community Development Financial Institution (CDFI) based in Lansing, MI with offices in five states, recently provided an $11.5M New Market Tax Credit (NMTC) allocation to support the new construction of a 350,000 square foot, state-of-the-art manufacturing facility for EJ Group, Inc.

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Cinnaire Appoints Vice President of Strategic Communications and Vice President of Social Capital

Cinnaire, a full-service Community Development Financial Institution (CDFI) based in Lansing, MI, with offices in five states, supports community stabilization and economic development, recently announced two new positions in the Wilmington, DE, office and the Detroit, MI, office. Corinne Hyzny has been named Vice President, Strategic Communications, in the company’s Wilmington, DE, office. In this new

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Cinnaire Provides Loan to support the Village at McKee Branch in Dover, DE

Cinnaire, a full-service Community Development Financial Institution (CDFI) based in Lansing, MI with offices in five states, supports community stabilization and economic development, recently provided a $2.25M permanent mortgage loan to support the rehabilitation of the Village at McKee Branch, a 66-unit townhome style apartment community developed by the Milford Housing Development Corporation (MHDC) and

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Cinnaire celebrates grand opening for The Meadows in Perham, MN

Cinnaire, a full-service Community Development Financial Institution (CDFI) based in Lansing, MI with offices in five states, supports community stabilization and economic development, recently joined developer D.W. Jones, Inc. and project partners to celebrate the grand opening for The Meadows, a 24-unit new construction development designed for low-income families, physically disabled and homeless persons. Cinnaire,

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Cinnaire Invests in Intersection Connection

Project designed to strategically impact Lafayette, IN, low-income families Cinnaire recently provided a $14M New Market Tax Credit (NMTC) investment to support the development of Intersection Connection, an innovative collaboration between the Lafayette Family YMCA, Ivy Tech Community College and Junior Achievement. Designed to create access to a variety of community services in one convenient

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Cinnaire provides investment to revitalize downtown Saginaw

Cinnaire recently provided a $8M New Market Tax Credit (NMTC) allocation to support the redevelopment of the former iconic Saginaw News building to create the Saginaw Valley Rehabilitation Center (SVRC) Marketplace, a mixed-use facility that will include a year-round farmer’s market, kitchen incubator, childcare center, CDFI Credit Union, business incubator and retail and office space.

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