In The News

Cinnaire launched Women Empowered to Build (WE Build) in December of 2020 in the Detroit market to provide mentoring and capital to Black- and women-led development firms to accelerate the fundability, stability, and growth of their real estate development business. Throughout the last two years, Cinnaire provided technical assistance to the first cohort of WE

Keith Broadnax, Cinnaire Senior Vice President, Business Development, has been awarded the Coalition for Homelessness Intervention and Prevention (CHIP) Champion Award. The award celebrates an individual who embodies dedication and commitment to CHIP’s mission and champions the work of CHIP in the community. CHIP’s mission is to mobilize, advocate, and empower community collaboration towards ending

Cinnaire’s NMTC Investment Honored as Real Estate QLICI of the Year Fifteen community development entities (CDEs) that made qualified low-income community investments (QLICIs) into five businesses are the winners of the Novogradac Journal of Tax Credits QLICIs of the Year Awards. The awards honor CDEs who strive for excellence in community development. Cinnaire received the

Mel Trotter Ministries (MTM) and its subsidiary, Next Step of West Michigan, have been selected to receive New Markets Tax Credits (NMTC) from Cinnaire, Michigan Community Capital (MCC), Chase, and Consortium America. The tax credits will support a multi-site development which includes two buildings at the Next Step campus on Garden Street SE in Grand

Michelle Foster Tasked to Build on NASLEF Strengths, Build Opportunities for Members The National Association of State and Local Equity Funds (NASLEF) announced the appointment of Michelle Foster as its first full-time executive director. With 16 years of experience in analysis and engagement, Michelle will significantly elevate the network by leveraging her expertise to amplify

Cinnaire has announced three new members have joined the organization’s Board of Directors to provide strategic direction supporting continued growth around Cinnaire’s commitment to investing in people and places to transform and create healthy communities. As recognized leaders in the public, business, and nonprofit sectors, Cinnaire’s board members bring a broad base of knowledge, experience

FOCUS Magazine is the Lansing Regional Chamber of Commerce’s monthly business publication designed to keep members up-to-date on economic, business and member news, and Chamber events and services while also keeping members informed on legislative and industry happenings. Cinnaire CEO Mark McDaniel recently sat down with the Lansing Chamber to share his expertise and weigh

Norman Towers, an affordable housing community in Monroe, MI, features 109 bright and spacious homes offering independent living options for seniors. The historic property was originally constructed in 1918 as a boarding school and later became the only military boarding school in the State of Michigan. The substantial renovations preserved the historic features of the

Award Will Advance Equitable Development in Underserved Communities Throughout the Midwest & MidAtlantic Regions Cinnaire has announced the organization has received a $4.9 million Equitable Recovery Program (ERP) grant from the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund. The competitive grant program was designed to provide funding to CDFIs to expand lending,