Latest News

Cinnaire and Partners Launch Project Destined Real Estate Program in Detroit Public Schools

The Commercial Real Estate Diversity Report, released in 2013, found the industry to be one of the least diverse in the U.S. To help affect change on a local level, Cinnaire Solutions, Olympia Development of Michigan and the Detroit Public ...
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Novogradac Award graphic with exterior view of Paul's Place Groundwork Kitchen

Cinnaire Captures Novogradac QLICI of the Year Award

Paul'sĀ Place-Groundwork Kitchen Honored as Small Business QLICI of the YearĀ  Ten community development entities (CDEs) that made qualified low-income community investments (QLICIs) into five businesses are the winners of the Novogradac Journal of Tax Credit QLICIs of the Year Awards. ...
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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 FundĀ 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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Front of new Ivy Tech Auto Center

Grand Opening for Ivy Tech Automotive Technology Training Center

Cinnaire's New Markets Tax Credit Funding Provides Financial Support forĀ  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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Rowhouses in Wilmington

Homeownership and Development Policies ļ»æto Reverse the Legacy of Discrimination and Disinvestment in Wilmington

In the City of Wilmington, the challenges posed by systemic racism are nothing new. Wilmingtonā€™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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Kinser Flats apartments exterior

New Development Offers Affordable Housing and Support Services in Bloomington, IN

Kinser Flats Includes 50-units of Housing for Homeless Families and IndividualsĀ  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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Cinnaire Welcomes Three New Board Members

New members will enhance board's focus on creating healthy, vibrant communities and expanding economic opportunity for underserved peopleĀ  Cinnaire has announced three new members have joined the organization's Board of Directors. The new board members will provide strategic direction supporting ...
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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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Podcast slide on Opa-Locka winning Year 15 Lawsuit

Advancing Communities Podcast: Private Investors Seeking Windfall Returns at Year 15 – Opa-locka CDC Wins Key Lawsuit in Florida

In this episode of theĀ 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'sĀ 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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U.S. Capitol building

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 legislationĀ (H.R. 2573Ā /Ā 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 nationā€™s largest provider of ...
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Cinnaire & CDFI Friendly America Launch CDFIs 101: Impact JobsĀ Series to Educate Socially Conscious Young ProfessionalsĀ  on Careers in the CDFI IndustryĀ 

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 ā€“Ā Ā The Stockholm Manor Story and Its Implications for Affordable Housing NationwideĀ  The Low-Income Housing Tax Credit (LIHTC) ProgramĀ has been a significant source of new multifamily housing for ...
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Cinnaire Best Nonprofit 2021 logo

Cinnaire Recognized as Best Nonprofit to Work For

Cinnaire recently announced the company has been recognized as one of the 2021Ā Best Nonprofits to Work For by theĀ Nonprofit Times, the leading business publication for Nonprofit Management. This is the seventh time Cinnaire has received this honor. The survey and ...
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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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Woodbridge Neighborhood Development & Cinnaire Solutions Seek Proposals for Mixed-Income Development in Detroit

Projects Adds Housing Variety to Support Residents at all Life and Economic States Through Equitable Development Woodbridge Neighborhood Development (WND) and Cinnaire Solutions have partnered in a multi-phase redevelopment plan in the historic Woodbridge neighborhood of Detroit. The partnership's goal ...
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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. Ā 
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Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here

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Cinnaire In Action

Silver Star Apartments is an 85-unit permanent supportive housing facility, providing veterans a safe, secure, and supportive place to call home. Located in Battle Creek, Michigan, Silver Star is adjacent to the Battle Creek VA Medical Center and serviced in-house by Zero Day. Zero Day offers veterans accredited vocational training, apprenticeship opportunities, supportive services, life skills mentoring, career coaching, and job placement. Cinnaire invested $16.7 million in Low-Income Housing Tax Credits.

Our Locations

Home Office - Lansing
1118 South Washington
Lansing MI, 48910

Indianapolis
320 North Meridian, Suite 516
Indianapolis IN, 46204

Wilmington
100 W. 10th Street, Suite 502
Wilmington, DE 19801

Chicago
225 West Washington, Suite 1350
Chicago, IL 60606

Madison
10 E. Doty Street, Suite 617
Madison, WI 53703

Grand Rapids
100 Cesar E. Chavez Ave., Suite 202
Grand Rapids, MI 49503

Detroit
2111 Woodward Avenue, Suite 600
Detroit, MI 48201

Milwaukee
231 E. Buffalo Street, Suite 302
Milwaukee, WI 53202

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