In The News

Cinnaire Closes $86.3 Million Fund to Support Much Needed Affordable Housing in MidAtlantic Region

Largest MidAtlantic Fund in Cinnaire’s History Will Bring 691 Homes in Three States Cinnaire has announced the closing of the largest MidAtlantic Low Income Housing Tax Credit (LIHTC) Fund in the organization’s history. The $86.3 million fund will bring more than 691 units of affordable housing to the region. Since 2013, Cinnaire has partnered with

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Cinnaire Cares Generates $35,000 to Support Mission-Driven Organizations

Companywide Charitable Giving Program Supports Diverse Organizations and Missions Across Cinnaire’s Footprint Cinnaire Cares, our companywide staff-funded charitable giving program, was developed by our employees through the Staff Engagement Committee to support our mission-driven partners in the communities where we live, work, and serve. Our employees contribute twice monthly to a fund established to support

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Cinnaire Granted Five Affordable Housing Program (AHP) Awards totaling $3.2 Million by the Federal Home Loan Bank of Chicago

Cinnaire announced today the award of $3,225,000 Affordable Housing Program (AHP) grants from the Federal Home Loan Bank of Chicago (FHLBank Chicago). The award will support five affordable housing developments with a total of 238 housing units. The AHP grants will support the acquisition, construction and/or rehabilitation of multifamily housing projects in Virden, IL; Barron, WI;

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Cinnaire Awarded $55 Million New Markets Tax Credit Allocation from CDFI Fund

Award Will Support Education, Vocational Training and Job Opportunities in Areas of Disinvestment  The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $55 million New Markets Tax Credit (NMTC) Allocation. The NMTC award supports Cinnaire’s mission to advance healthy communities and will focus on projects supporting education, including

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SWCAP, Cinnaire & Partners Celebrate Grand Opening for The Meadows in Darlington, WI

Cinnaire Solutions & SWCAP Partner to Develop New Affordable Housing Community for Farmworkers Cinnaire recently joined our partners at Southwestern Wisconsin Community Action Program (SWCAP) and Wisconsin Management Company to celebrate the grand opening for The Meadows, a 32-unit new construction affordable housing community in Darlington, WI, designed exclusively to support agriculture and farmworkers and their

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WSFS Cares Foundation Awards Cinnaire $150,000 to Support DE Catalyst Fund

DE Catalyst Fund Will Create Affordable Homeownership Opportunities Across Delaware The WSFS Cares Foundation, the charitable giving arm of WSFS Bank, announced Cinnaire will receive a $150,000 grant to support the DE Catalyst Fund, a partnership between Cinnaire and the Delaware State Housing Authority (DSHA) advancing equitable, affordable homeownership opportunities. Through the DE Catalyst Fund, both

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Cinnaire Solutions Launches My New Wilmington Home

New Program Guides Wilmington Residents to Homeownership Cinnaire Solutions has partnered with Stand By Me Delaware to help Wilmington, DE, residents achieve the dream of homeownership. The program offers free, private, one-on-one financial coaching from trained professionals who help potential homeowners achieve their goals. With support from a financial coach, participants in the program will

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Cinnaire’s NMTC Investment Brings Equitable Mixed-Use Housing & Social Entrepreneurship Incubator to the Heart of Detroit’s Midtown

Mixed use housing project in Detroit

Cinnaire’s Peter Giles and Sherita Smith recently joined Detroit Mayor Mike Duggan, City Council President Mary Sheffield, the Preservation of Affordable Housing (POAH), and Develop Detroit to celebrate the grand opening for The Freelon at Sugar Hill, a new mixed-use and mixed-income development located in Midtown Detroit’s Sugar Hill Arts District. Cinnaire provided $5 million

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Cinnaire Investments Capture Prestigious Charles L. Edson Tax Credit Excellence Awards

Two of Cinnaire’s investments have been awarded the prestigious Charles L. Edson Tax Credit Excellence Award (Edson Award). 1300 Residences, a 50-unit senior and veterans housing projects in River Falls, WI, has been selected as the recipient in the Green and Healthy Housing category, and Rauner Family Veterans Apartments by A Safe Haven Foundation, a

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Sarah Greenberg Appointed President, Cinnaire Lending

Sarah's headshot

Cinnaire has announced Sarah Greenberg has been appointed President, Cinnaire Lending. Sarah brings more than 19 years of experience to the role, serving most recently as Cinnaire’s Senior Vice President, Affordable Housing and Lending where she oversaw real estate lending and played a key role in structuring the lending department to support Cinnaire’s continued growth.

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