Latest News
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 ...
Read More 
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 ...
Read More 
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 ...
Read More 
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 ...
Read More 
Cinnaire Welcomes Three New Board Members
New members will enhance board's focus on creating healthy, vibrant communities and expanding economic opportunity for underserved people Cinnaire has announced three new members have joined the organization's Board of Directors. The new board members will provide strategic direction supporting ...
Read More 
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) ...
Read More 
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. ...
Read More 
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 ...
Read More 
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 ...
Read More 
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 ...
Read More 
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 ...
Read More 
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 ...
Read More 
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 ...
Read More 
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 ...
Read More 
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 
Advancing Communities Podcast: Prosperity Now CEO – Closing the Racial Wealth Divide
Black History Month may be over but Cinnaire's focus on honoring Black History and fostering social equity continues. Throughout 2021 we will continue to highlight the importance of investing in Black communities and the work that still needs to be ...
Read More 
Cinnaire Awarded $4.8 Million Capital Magnet Fund Grant from the Community Development Financial Institutions Fund
The U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund has awarded Cinnaire $4.8 million in Capital Magnet Fund grants. The competitive grants are awarded to CDFIs and nonprofit housing organizations to develop and rehabilitate affordable housing for low-, ...
Read More Media Inquiries
Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
Upcoming Events
Avenue Magazine: Archived Editions
More News...
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
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
