In The News

Crain’s Detroit Business Best Places to Work Program Recognizes Companies with Excellent Workplace Culture, Leadership and Benefits Cinnaire has been named one of Crain’s Detroit Business Best Places to Work in Michigan for the 10th consecutive year. With Michigan offices in Lansing, Detroit, and Grand Rapids, Cinnaire is ranked 21 overall of out 100 organizations on […]

Following catastrophic flooding during Hurricane Ida, building underwent $3 million renovation When Hurricane Ida hit Delaware on September 1, 2021, the neighborhood where Claymont Street Apartments is located was among the most impacted by flooding. Many residents were evacuated on boats and the building’s basement and first floor flooded completely under water. The building was

Optimism Remains on Improving Economy and Future Opportunities In a recent statewide survey of 615 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated even though the impacts of the weaking economy have emerged on the list of top challenges to doing business in Michigan in the past

  Cinnaire is proud to announce that Dionna J. Sargent has been recognized with the esteemed Leon N. Weiner Award by Housing Opportunities of Northern Delaware, Inc. (HOND). The award was presented at the 39th Annual Fair Housing Observance and Awards Ceremony – “A View at Fair Housing Law: Creating Wealth for the Future” on

Cinnaire has announced the promotion of Lucius Vassar to Chief Legal Officer and Corporate Secretary. Lucius joined Cinnaire in 2018 as Detroit Market Lead and was soon promoted to Corporate Counsel and EVP, Equitable Engagement. Lucius has served as a trusted advisor for Cinnaire in both legal services and advancing the organization’s goals of equitable

Low-Income Housing Tax Credit fund will create nearly 1,500 affordable homes in five states Cinnaire announced today the closing of the Cinnaire Fund for Housing (Fund 39), a $151 million multi-investor Low-Income Housing Tax Credit fund. The fund will support the creation of 1,464 affordable homes across 14 new construction and rehabilitation projects in five

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