In The News

Cinnaire joins Discover Bank and the State of Delaware to support Urban Acres Produce

Cinnaire is proud to support the Urban Acres Produce (UAP) workforce development initiative.  UAP is a component of the East Side Rising’s Blueprint Community Program, a Federal Home Loan Bank-sponsored community revitalization effort.  Their mission is to create job and entrepreneurship opportunities in the food industry through retail and wholesale produce distribution networks that utilize […]

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Cinnaire celebrates building of new satellite outpatient clinic in Calumet

Cinnaire recently joined Portage Health and Upper Great Lakes Family Health Center to celebrate the building of a brand new, satellite outpatient clinic facility in Calumet, located in the Keweenaw Peninsula of Michigan. The clinic will primarily house Upper Great Lakes Family Health Center, a Federally Qualified Health Center (FQHC), as well as health services

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Michigan Banks Generate $12.5 Million for the Development of Affordable Housing

Cinnaire and Michigan Bankers Association established an equity fund for low-income seniors, families and residents with disabilities Cinnaire  and  Michigan Bankers Association Service Corporation (MBASC) recently closed its fourth housing equity fund, generating $12.5 million to support the development and rehabilitation of 10 different apartment communities across the state, providing 669 units of quality, safe

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Cinnaire Annual Meeting – Delaware

Cinnaire’s Wilmington, Delaware location held our Annual Meeting on Monday, October 31st at the Hotel du Pont in downtown Wilmington.  We are immensely grateful to our sponsors, JP Morgan Chase, TD Bank and Discover Bank for supporting this event, which hosted over 75 guests including investors, partners and developers.  Featured speaker, Mark Pinsky, gave a

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Cinnaire Awarded $6.5 Million in CDFI Fund Grants

Cinnaire was awarded $6.5 million in grants from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to further its mission of supporting community stabilization and economic development. On Wednesday, September 21st, Cinnaire was awarded $5.5 million in grants through the CDFI Fund Capital Magnet Fund (CMF) program. The CDFI Fund received

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Cinnaire staff volunteer to clean up Lansing neighborhood

Capital Area Housing Partnership (CAHP) recently purchased homes at 316 Madison and 231 Lathrop in Lansing with plans to fully renovate the homes for qualified first time homebuyers. The Michigan State Housing Development Authority (MSHDA) and the City of Lansing’s Department of Development/Planning provided financing to allow the substantial renovation of these homes. Volunteers from

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Crain’s Detroit Business Recognizes Cinnaire as a Cool Place to Work!

Cinnaire recently received the honor of being named #33 out of the 75 Michigan companies to be recognized as a Crain’s Detroit Business Cool Place to Work. This is the third time Cinnaire has been included on this prestigious list of outstanding companies. Crain’s hired Best Companies Group to gather data on employers and survey

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Cinnaire Closes $150M LIHTC Fund

Cinnaire has closed its most recent fund, Cinnaire Fund for Housing Limited Partnership 31, a low income housing tax credit fund that raised $150M of investment to support affordable, multifamily housing throughout the Midwest. The capital for Cinnaire Fund 31 came from a total of 14 investors, including two new investors. Cinnaire Fund 31 will help

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A MUST-READ! Immersion Mexico: Eye Opener in Nogales…Chaos, Sadness, and Hope

“I had a moment by myself and sat in the chapel. I was feeling very overwhelmed and humbled by everything I was seeing and hearing. I was amazed again at how passionate, committed people can make a difference in this world.” Read on to hear Cinnaire’s CEO and President, Mark McDaniel’s first-hand experience at the United States – Mexico

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