SilverFest Celebration Will Feature Special Performances by Lansing Musicians Phil Denny and Taylor Taylor
Cinnaire has announced the company will celebrate their 25th Anniversary August 1st in Lansing’s REO Town neighborhood. The lively event will feature billboard charting international jazz artist Phil Denny, national jazz artist Taylor Taylor and a special community art dedication commemorating Cinnaire’s twenty-five-year commitment to supporting healthy, vibrant communities.
“Performing at SilverFest will be a great way for me and the band to celebrate with my Cinnaire family and community friends,” said Phil Denny. “The milestone event is especially near to me as my mother Nadj has been a dedicated team member from the start and CEO Mark McDaniel has known me and supported me since my first squeak on the saxophone.”
Originally the Michigan Capital Fund for Housing, Cinnaire was established with support from the Michigan State Housing Development Authority (MSHDA) in Lansing in 1993. As the company has grown to revitalize communities throughout a 9-state footprint, the organization rebranded to become Cinnaire in 2015. Cinnaire ensures all people have access to the opportunities provided by living in healthy communities. In their history, the company has invested over $3.7 billion in affordable housing and economic development, spurring $7 billion in community impact. Cinnaire manages 58 housing tax credit equity funds, more than 500 community development loans and has invested more than $500 million in New Markets Tax Credits (NMTC).
“We look forward to joining our partners, colleagues, community leaders and Lansing residents to celebrate our 25th year anniversary,” said Mark McDaniel, Cinnaire president & CEO. “Cinnaire has been a proud member of the Lansing community since establishing our headquarters here 25 years ago. We will continue to be a strong supporter of the community and economic development momentum happening in Lansing, particularly right in our REO Town neighborhood.”
Cinnaire’s headquarters is located at 1118 S. Washington in the heart of Lansing’s REO Town neighborhood. Previously located at 1000 S. Washington, Cinnaire has been a proud REO Town tenant since 2002. The organization has provided over $700,000 of capital to support REO Town businesses, events and real estate developments. Tom Edmiston, Cinnaire Senior Vice President, serves on the board of the REO Town Commercial Association. Ashley Barker, Cinnaire Community Development Initiatives Manager, previously served on the board. Several Cinnaire team members live in or volunteer at events in REO Town. Cinnaire was one of the first companies to support community and economic development initiatives in REO Town. The company remains committed to further enhance economic and revitalization opportunities in the neighborhood. Cinnaire’s SilverFest will include a special art installation featuring a Lansing-based artist in honor of Cinnaire’s commitment to revitalizing REO Town and to advancing healthy communities.