In a recent study of 750 small to medium-sized businesses, respondents to the latest Michigan Future Business Index (MFBI) indicated inflation remains the number one challenge to doing business, but wage inflation is climbing the list, impacting profits and hiring. The semi-annual MFBI was commissioned by the Michigan Business Network. The survey is sponsored by […]
Cinnaire’s Public Policy & Advocacy team provides an overview of the U.S. year-end federal spending deal, 2023 outlook, State and local policy updates. Click here to see the December 2022 edition of Cinnaire’s Policy Pulse https://conta.cc/3FKT5opÂ
Cinnaire’s Pulse Policy – December 2022 Read More »
The Dr. Martin Luther King Jr. Commission of Mid-Michigan will host the 38th Annual Dr. Martin Luther King Jr. Day of Celebration on Monday, January 16th, at the Lansing Center. Cinnaire is a longtime supporter of the Mid-Michigan MLK Commission, a nonprofit dedicated to preserving the legacy and teachings of Dr. King, supporting community agencies,
Save the Date – Emmy Award Winning MLK Day of Celebration Read More »
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
Largest Fund in Cinnaire’s History Targets Support of 1,900 Affordable Homes Cinnaire announced the closing of a $211 million Low Income Housing Tax Credit (LIHTC) Equity Fund with capital raised from fifteen institutional investors. The fund is the largest single equity fund in Cinnaire’s 29-year history and will infuse capital investments into 25 affordable housing
Cinnaire Closes $211 Million Affordable Housing Fund Read More »
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
Cinnaire Cares Generates $35,000 to Support Mission-Driven Organizations Read More »
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;
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
Cinnaire Awarded $55 Million New Markets Tax Credit Allocation from CDFI Fund Read More »
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
SWCAP, Cinnaire & Partners Celebrate Grand Opening for The Meadows in Darlington, WI Read More »
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
WSFS Cares Foundation Awards Cinnaire $150,000 to Support DE Catalyst Fund Read More »
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
Cinnaire Solutions Launches My New Wilmington Home Read More »
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
