In the News

Cinnaire’s Policy Pulse: Build Back Better Agenda & What it Means for Affordable Housing

Chris Neary, Cinnaire's Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better Plan, steps the Biden Administration is taking to increase affordable housing supply, the Charles Edson Awards and more in the latest issue of Policy Pulse.
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Announcement of Andy's Place Edson Award

Andy’s Place Receives Charles L. Edson Tax Credit Excellence Award

Nation's First Permanent Recovery Supportive Housing Development Recognized as Outstanding Development in the Special Needs Category  Andy's Place in Jackson, MI, has received the Charles L. Edson Tax Credit Excellence Award in the Special Needs Category. The Edson awards recognize outstanding ...
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Cinnaire & Partners Celebrate Grand Opening for State-of-the-art Marygrove Early Education Center in Detroit

Marygrove Early Childhood Education Center Provides Transformative Cradle-to-Career Educational Opportunities for Detroit Families  Cinnaire recently joined our partners from Starfish Family Services, the Kresge Foundation, IFF, Capital Impact Partners, Northern Trust and MBS Urban Initiatives to virtually celebrate the grand ...
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Sherita Smith Joins Cinnaire Detroit as Vice President, Community Development

Sherita Smith has been appointed Vice President, Community Development, at Cinnaire. In this position, Sherita will be taking the helm implementing Cinnaire's targeted investment strategy for Detroit, establishing and maintaining relationships with local partners and funders to advance Cinnaire's Priority ...
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NMTC Brings Investment to Low-Income Communities – Let’s Make this Tool Permanent

Chris Neary Vice President, Policy, Research & Advocacy The New Markets Tax Credit (NMTC) has proven to be a successful public-private partnership with broad bipartisan support to bring impactful investments to communities that need it most. Today, we're sharing the story of ...
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Cinnaire Announces $175.7 Million Fund to Support Affordable Housing

Cinnaire has announced the closing of a $175.7 million Low Income Housing Tax Credit (LIHTC) fund that will finance the development or preservation of more than 1,648 affordable homes and 2,441 bedrooms in 5 states. Nine investors are participating in ...
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Cinnaire’s Permanent Recovery Supportive Housing Initiative Receives Affordable Housing Finance Readers’ Choice Award

The Affordable Housing Finance annual Readers' Choice Awards honor and recognize outstanding affordable housing developments in ten categories. Projects are selected based on impact on a community, role in overall revitalization or social change, offering outstanding social services and addressing ...
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Student in kitchen of Mott's Culinary Arts Training Program

Cinnaire Announces $60 Million New Markets Tax Credit Award From U.S. Treasury CDFI Fund

Award Will Spur Projects Focused on Education and Job Creation in Disinvested Communities The US Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $60 million New Markets Tax Credit (NMTC) Allocation. Since 2009, Cinnaire ...
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Cinnaire Announces $52 Million Mid-Atlantic Capital Fund Closing

Cinnaire announced today the closing of the organization's 2021 Mid-Atlantic Low Income Housing Tax Credit (LIHTC) Fund. The $52 million fund will bring more than 570 units of affordable housing to communities across Delaware, Maryland, New Jersey and Pennsylvania. Cinnaire ...
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Partner Profile – Dara Kraay Grady, Property Manager, Continental Management

Continental Management, a longtime partner of Cinnaire, believes in investing in people first and fostering a community where employees and residents can grow personally and professionally. Continental's on-site professionals provide daily service to residents and demonstrate the company's commitment to ...
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Cinnaire Cares Generates $23,406 to Support Mission-Driven Organizations

Companywide Charitable Giving Program Supports Diverse Nonprofit Organizations 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, ...
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Prosperity Indiana Leader Member Highlight Featuring Keith Broadnax

Keith Broadnax, Cinnaire Senior Vice President, Business Development, was recently featured in the Prosperity Indiana newsletter Leader Highlight. Prosperity Indiana is a statewide membership organization for the individuals and organizations strengthening Hoosier communities. Since its founding in 1986, Prosperity Indiana ...
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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 graduates at table

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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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 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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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

Lansing
1118 South Washington
Lansing MI, 48910

Indianapolis
201 North Illinois Street
Suite 1530
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

 

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