Latest News
Cinnaire Invests in FinTech Building in Newark, DE
$39 Million Project will Serve as a Hub for Delawareās Growing Financial Technology Industry A New Markets Tax Credit investment from Cinnaire is supporting the development of a new, 100,000-square-foot building dedicated to financial technologies, commonly called fintech, at the ...
Read More Cinnaire Announces Funding to Support the Allen Place Project in Lansing, MI
Project Will Generate Investment of $11 Million and Create 14 Full-time Jobs Cinnaire has announced a $300,000 predevelopment loan to support the Allen Place Project, one of four community revitalization projects in Michigan approved by the Michigan Strategic Fund to ...
Read More Cinnaire Cares Generates $19,400 to Support Mission-Driven Organizations
Staff Funded Program Supports Diverse Organizations throughout Cinnaire's Footprint The Cinnaire Cares charitable giving program is a companywide staff-funded and driven initiative that was created by our employees. Where we live, work and serve, each member of our team is ...
Read More Cinnaire’s Policy Pulse: Solidarity and Action
Chris Neary Vice President, Policy, Research & Advocacy Cinnaire's Policy Pulse newsletter provides an overview of federal policies that influence our ability to bring resources to communities left out of the economic mainstream. As we continue to reflect on the ...
Read More Cinnaire Joins Homeownership Alliance
Mission-driven Organizations Join Forces to Advance Affordable Homeownership Opportunities Cinnaire is one of 21 founding members of the Homeownership Alliance, a new initiative that will advocate for more resources and better policies to increase affordable homeownership opportunities for American families. ...
Read More Cinnaire Announces Appointments to MidAtlantic Team
Weeks Named Development Manager; Hodges Named Vice President, Business Funding Cinnaire announced two key appointments in the organizationās MidAtlantic office this week.Ā Azeez Weeks has joined the organization as Development Manager for Cinnaire Solutions, a newly created position to advance Cinnaireās ...
Read More Cinnaire Names Executive Vice President, Community Development
Cinnaire has announced the appointment of Katey Forth to Executive Vice President, Community Development for the organization. Katey brings more than 20 years of finance and lending experience to the new role, serving most recently as Cinnaire Lending President. She ...
Read More Cinnaire Recognizes Juneteenth – the Oldest Known U.S. Celebration of End of Slavery – a Company Holiday
Juneteenth - a blending of the words June and nineteenth - is the oldest known U.S. celebration of the end of slavery. It commemorates June 19th, 1865, the day that Union Major General Gordon Granger rode into Galveston, Texas, and ...
Read More A Message from our CEO: Cinnaire Stands in Solidarity
George Floyd, dead at the hands of the police. Breonna Taylor, dead at the hands of the police. Ahmaud Arbery, dead at the hands of vigilantes. I say their names to etch them into my heart and mind, to come ...
Read More Cinnaire Appoints Vice President, Asset Management and Executive Vice President, Operations and Corporate Risk Management
Cinnaire has announced the promotion of Ryan Robinson to Executive Vice President, Operations and Corporate Risk Management. Affordable housing industry veteran Mike Witt has joined Cinnaire as Vice President, Asset Management. In these leadership positions, Ryan and Mike will each ...
Read More SBA Paycheck Protection Program (PPP) Funds Available
Content provided courtesy of the Delaware Bankers Association The Small Business Administrationās Paycheck Protection Program (SBA PPP) is an unprecedented government initiative to provide desperately needed financial assistance to the small business community in response to the coronavirus pandemic. Banks ...
Read More Cinnaire Announces Closing of Funding for CDFI Friendly Bloomington Developments
The Bloomington Housing Authority announced today the closing of $17.8 million in funding for the preservation and renovation of 116 units at their Reverend E.D. Butler and Walnut Woods Communities in Bloomington, Indiana. Thanks to an allocation of $11 million ...
Read More Cinnaire’s Policy Pulse: The Federal COVID-19 Policy Response
Chris Neary Vice President, Policy, Research and Advocacy Cinnaire's Policy Pulse is an evolving update on policy developments, reports and trends designed to keep us informed on how federal issues and policies affect the affordable housing and community development industries. ...
Read More MRI Software Features Cinnaire’s COVID-19 Response as Best Practices
As the COVID-19 situation has unfolded over the past few months, businesses across the real estate industry have been faced with the need to swiftly respond to a rapidly evolving set of circumstances. Given the face-to-face nature of the industry, ...
Read More Cinnaire and Michigan Bankers Association Announce New LIHTC Equity Fund
Over the past 12 years, Cinnaire has partnered with the MBA Service Corporation to create five LIHTC equity funds. These five funds totaling $58 million were supported by 27 community banks to help finance the new construction or rehabilitation of ...
Read More COVID-19 Special Series Podcast: Addressing the Challenges Facing Affordable Housing Developers, Managers & Lenders
In this COVID-19 Special Series episode ofĀ Advancing Communities Podcast, Cinnaire CSO Jim Peffley talks with Steve Spears, CFO of Mercy Housing, a national nonprofit developer, manager, and lender of affordable housing properties. Jim and Steve discuss the challenges diverse organizations ...
Read More Special Series Podcast: CDFI Continuity & COVID-19
Navigating and Learning through Uncharted Territory Panel In this Special Series Episode of theĀ Advancing Communities Podcast, Cinnaire CSO Jim Peffley digs deep into the impact of COVID-19 on CDFIs and the partners we serve. Five experienced CDFI leaders candidly share ...
Read More CDFI Continuity & COVID-19: Watch the Webinar Recording
In this informative CDFI Continuity & COVID-19 Webinar, five experienced CDFI leaders candidly share their strategies, best practices and experience on navigating and learning through COVID-19. View the webinar and learn their front line perspectives on: Experiences they are addressing ...
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Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
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