In the News
Affordable Housing Finance Announces Readers’ Choice Finalists
Award Honors Top Affordable Housing Developments Nationally Affordable Housing Finance (AFH) recently announced 36 inspiring developments have been named finalists in this year's AHF Magazine Readers' Choice Awards. Each project is unique and showcases the range of housing provided for ...
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Cinnaire Joins Statewide Leaders to Present Results for Q2 2021 Michigan Future Business Index Survey
Report Shows Optimism for Future Business Growth, But Challenges Remain In a recent statewide survey of 617 small to medium-sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated business is on the rebound with optimism for ...
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Cinnaire Solutions & Olympia Development of Michigan Henry Street Proposal Earns LIHTC Support
Cinnaire Solutions and Olympia Development of Michigan's Henry Street redevelopment proposal has received a Low-Income Housing Tax Credit (LIHTC) from the Michigan State Housing Development Authority (MSHDA). The LIHTC will support the affordable housing aspects of the Henry Street proposal. ...
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Jumpstart Wilmington Completes First Four Development Training Sessions
More than 150 aspiring developers apply for training program benefiting Wilmington residents Since the Jumpstart Wilmington program was first launched in October 2020, 39 emerging developers have completed the intensive four-week training program through five sessions. The purpose of Jumpstart Wilmington is ...
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Cinnaire Awarded $1.8 Million to Support Economic Relief in Underserved Communities Affected by COVID
U.S. Department of Treasury's CDFI Fund Announced the Awards with Vice President Harris, Treasury Secretary Janet Yellen, Senator Mark Warren and Representative Waters The U.S. Department of Treasury has awarded $1.25 billion in COVID-19 relief funds to 863 community development financial ...
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Grand Opening for Ivy Tech Automotive Technology Training Center
Cinnaire's New Markets Tax Credit Funding Provides Financial Support for Workforce Development Center in Indianapolis, IN Cinnaire joined Ivy Tech Community College, PNC Community Partners Inc., Indianapolis Redevelopment CDE and community leaders this week to celebrate the grand opening of ...
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Homeownership and Development Policies to Reverse the Legacy of Discrimination and Disinvestment in Wilmington
In the City of Wilmington, the challenges posed by systemic racism are nothing new. Wilmington’s neighborhoods have been particularly harmed by the legacy of racist policies that have fueled segregation and a vicious cycle of disinvestment, leading to the devaluation ...
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New Development Offers Affordable Housing and Support Services in Bloomington, IN
Kinser Flats Includes 50-units of Housing for Homeless Families and Individuals Cinnaire recently joined Centerstone, a non-profit health system providing mental health and substance use disorder treatments, to celebrate the virtual grand opening for Kinser Flats, a 50-unit affordable housing ...
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Mission First Housing Group Announces New Market West Honored With Prestigious Awards
Mission First Housing Group, a family of nonprofit organizations working together to ensure everyone has a safe, affordable place to call home, recently announced New Market West was honored with awards from the Philadelphia Association of Community Development Corporations (PACDC) ...
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Advancing Communities Podcast: Private Investors Seeking Windfall Returns at Year 15 – Opa-locka CDC Wins Key Lawsuit in Florida
In this episode of the Advancing Communities Podcast, Cinnaire's Chief Strategy Officer Jim Peffley continues his three-part series examining a growing crisis in the affordable housing industry where private equity funds or other investors are seeking windfall returns at Year 15. ...
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Advancing Communities Podcast: Impact Jobs – CDFIs 101 for Young Professionals
Each month, Cinnaire's Advancing Communities Podcast brings together our Chief Strategy Officer, Jim Peffley, with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective ...
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Affordable Housing Credit Improvement Act Introduced in Congress
On April 15th, a bipartisan group of Members of Congress introduced the Affordable Housing Credit Improvement Act (AHCIA). This legislation (H.R. 2573 / S. 1136) would expand and strengthen the Low-Income Housing Tax Credit (Housing Credit), providing as many as 2,015,000 additional affordable ...
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Cinnaire Launches Resident Rental Relief Fund to Support Families Impacted by COVID 19
Cinnaire has announced the launch of the Resident Rental Relief Fund (RRRF) to support families struggling to make rental payments as a result of COVID 19. Cinnaire contributed $250,000 to the fund and Delta Dental, the nation’s largest provider of ...
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Cinnaire & CDFI Friendly America Launch CDFIs 101: Impact Jobs Series to Educate Socially Conscious Young Professionals on Careers in the CDFI IndustryÂ
Community development financial institutions (CDFIs) are on a mission to deliver creative financing solutions to support low-income people while creating positive social change and economic impact for underserved communities. COVID-19 and the racial inequities brought to light in the past ...
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Advancing Communities Podcast: When Investors Seek Windfall Returns from Affordable Housing, Underserved Communities Pay the Price
When investors seek windfall returns from affordable housing, underserved communities pay the price –  The Stockholm Manor Story and Its Implications for Affordable Housing Nationwide The Low-Income Housing Tax Credit (LIHTC) Program has been a significant source of new multifamily housing for ...
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Cinnaire Recognized as Best Nonprofit to Work For
Cinnaire recently announced the company has been recognized as one of the 2021 Best Nonprofits to Work For by the Nonprofit Times, the leading business publication for Nonprofit Management. This is the seventh time Cinnaire has received this honor. The survey and ...
Read More Cinnaire Stands with the Asian, Asian American & Pacific Island Community Against Racism, Injustice & Hate
We at Cinnaire lift our voices in condemnation of the abhorrent violence against Asian, Asian American, and Pacific Island community members as exemplified by the recent murders of eight people in Atlanta, Georgia, six of whom were Asian women. We ...
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Cinnaire’s Policy Pulse: American Rescue Plan, Troubling Trends in the LIHTC Industry & More
Chris Neary, Cinnaire's Vice President for Policy, Research and Advocacy, provides an update on the American Rescue Plan, addressing abuses in the LIHTC industry, and additional updates from Washington. Â
Read More Media Inquiries
Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247.
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Stories of Impact
Silver Star Apartments is an 85-unit permanent supportive housing community dedicated to providing veterans with a safe, secure, and supportive place to call home. Located in Battle Creek, Michigan, adjacent to the Battle Creek VA Medical Center, Silver Star offers residents essential support services through Zero Day, an organization committed to helping veterans transition to stability and independence. Zero Day provides accredited vocational training, apprenticeship opportunities, life skills mentoring, career coaching, and job placement. Cinnaire proudly invested $16.7 million in Low-Income Housing Tax Credits to bring this vital project to life, ensuring that veterans have access to the housing and resources they need to thrive.
Our Locations
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Lansing MI, 48910
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Suite 1530
Indianapolis IN, 46204
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Chicago
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Suite 1350
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Grand Rapids
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Suite 202
Grand Rapids, MI 49503
Detroit
2111 Woodward Avenue, Suite 600
Detroit, MI 48201
