In The News

Rain moved the official groundbreaking for the H. Fletcher Brown Apartments inside, but that didn’t dampen the spirits of the partners and community leaders who gathered to celebrate the long awaited start of work on 35 new affordable housing units for low income residents. Ingleside Homes and Leon N. Weiner & Associates are renovating the […]

Cinnaire joined community leaders and development partners in Oak Park, MI, to celebrate the start of construction for Jefferson Oaks, a new 60-unit mixed-income community designed of high-quality residential homes, which will be built and maintained to be appealing and affordable for hardworking families and individuals. Developed by Community Housing Network (CHN), the new community is

Cinnaire joined the Gryphon Group, Medallion Management, the Michigan State Housing Development Authority (MSHDA), UnitedHealthcare, Senator Curtis Hertel Jr., community leaders, residents and development partners this week to celebrate the grand opening of Prestwick Village. Located in Holt, MI, Prestwick Village is a new 66-unit affordable housing community that provides new housing opportunities and supportive

Cinnaire Building Blocks President Christopher Laurent recently took part in celebrating the 2016-2017 Associates in Commercial Real Estate (ACRE) graduating class. The ACRE program is an industry-supported initiative that recruits and retains minorities for professional careers in the field of commercial real estate. The ACRE program was created by Professor Mark Eppli and the Marquette University College

United States Senator Chris Coons (DE) and the Delaware State Housing Authority (DSHA) Director Anas Ben Addi joined Susan Frank, Cinnaire Senior Vice President, and supporters of affordable housing to advocate for continued HUD Community Development Block Grant (CDBG) and Home Investment Partnership Program (HOME) federal funding this morning at The Village at McKee Branch

Chicago, IL, and Lansing, MI – June 1, 2017 – The Federal Home Loan Bank of Chicago (FHLBC) today announced that Cinnaire, a full-service community development financial institution (CDFI) and member of the FHLBC, was named a Community First®  Fund (CFF) partner and is the recipient of a $3 million, 10-year loan. The CFF is a

Hollander Development Corporation recently completed a rehabilitation of Gateway Village, a 100-unit development consisting of townhouses and apartments. Cinnaire provided a $4.8M Low Income Housing Tax Credit (LIHTC) equity investment and a $3.4M mortgage loan through Fannie Mae’s Multifamily Green Program. The development team includes Intrepid Professional Group, InForm Architecture and Wolverine Building Group. Improvements

Last week, Cinnaire joined forces with the Opportunity Finance Network (OFN), a network of more than 90 national Community Development Financial Institutions (CDFIs) to participate in Advocacy Day in Washington, DC.  Advocacy Day was an opportunity for CDFIs from across the country to gather in the capitol to meet with members of Congress to discuss