Affordable Housing Lending
Affordable Housing Financing Solutions - Loan Products
We support the vital first steps for our development partners as they lay the groundwork for community energizing projects. These loans are typically used for land acquisition, third-party due diligence costs, architectural and consulting fees, and other up-front costs.
Revitalizing existing housing is an essential aspect of solving the affordable housing shortage. Cinnaire offers short-term financing for acquiring affordable multifamily properties and, if necessary, funding immediately needed health and safety repairs.
Sometimes a simple, straightforward loan package is just what’s needed. Our conventional and FHA financing for affordable housing, both immediate and forward commitment, are tried-and-true products to achieve that goal. And while titled “conventional,” our lending experts are highly creative in structuring and packaging permanent financing to best suit the needs of our development partners.
Our lending professionals take pride in crafting innovative, customized solutions that address the unique needs of each project, including sponsoring Affordable Housing Program applications with the Federal Home Loan Bank of Chicago for gap financing.
Cinnaire has underwritten over $800 million in
764+ community development loans
Home Office - Lansing
1118 South Washington
Lansing MI, 48910
320 North Meridian, Suite 516
Indianapolis IN, 46204
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Chicago, IL 60606
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