Latest News
Cinnaire Awarded $4.15 Million Capital Magnet Fund Grants from the CDFI Fund
Award Provides Financing to Support Affordable Housing for Low- and Very-Low Income Communities Cinnaire was recently awarded $4.15 million in grants from the U.S. Department of Treasury's Community Development Financial Institutions (CDFI) Capital Magnet Fund. The grants will be used ...
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Cinnaire Invests in New Market West
Project Will Provide High-Quality Early Childhood Education and Health Care Services and Revitalize West Philadelphia Neighborhood Cinnaire recently provided an $11.25 million New Markets Tax Credit (NMTC) allocation to support the development of New Market West in Philadelphia, PA. PNC ...
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Cinnaire Celebrates Start of Construction for SEVEN04 Place
New Community Will Bring High-Quality, Affordable Housing to Milwaukee Cinnaire recently joined the development team, community leaders and local residents to celebrate the groundbreaking for SEVEN04 Place, a new affordable housing community in the Walker's Pointe neighborhood of Milwaukee. SEVEN04 ...
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Cinnaire Receives New Markets Tax Credit Award from CDFI Fund
Award Will Revitalize Low-Income Communities and Spur Economic Development Cinnaire recently received a $65 million New Markets Tax Credit (NMTC) award from the U.S. Department of Treasury's CDFI Fund. Cinnaire was one of 73 organizations selected from a pool of 230 ...
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Mark McDaniel Named Haven House Pancake Palooza Champion
Celebrity Servers Raise $43,000 to Help Homeless Families Mark McDaniel recently joined Sister Pat Newhouse, Jim Patterson and Matt Anderson for the annual Haven House Pancake Palooza Championship.  Haven House provides emergency housing and support services for families with children. The ...
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Cinnaire Celebrates Grand Opening for New Parkridge
Landmark Affordable Housing Development Brings New Homes, Hope and Opportunity to Residents Cinnaire recently joined community leaders, residents and development partners to celebrate the grand opening for New Parkridge in Ypsilanti, Michigan. The new affordable housing community features 86 quality ...
Read More Cinnaire Featured in Tax Credit Advisor
Cinnaire was recently featured in an issue of Tax Credit Advisor. A leading industry magazine, Tax Credit Advisor provides comprehensive coverage on all aspects of the development and financing of affordable rental housing, historic preservation, and economic development projects using federal and state ...
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Cinnaire President & CEO Receives Prestigious Honor from the Greater Lansing Martin Luther King, Jr. Commission
The Mark McDaniel Legacy Scholarship Will Provide Lansing Area Youth with Opportunities to Achieve Higher Education The Greater Lansing Area Martin Luther King, Jr. Commission is a non-profit dedicated to preserving the legacy and teachings of Dr. King, supporting community ...
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Cinnaire and CHN Form Detroit Partnership
Partnership will work to bolster Detroit's lease purchase program Cinnaire and CHN Housing Partners recently announced they have entered into a partnership to bolster the performance of our lease purchase developments in the City of Detroit. The partnership leverages CHN's ...
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Haven House Pancake Palooza – Short Stacks for a Tall Cause!
Mark McDaniel is competing in the annual Haven House Pancake Palooza Fundraiser. Watch the video to learn more about Haven House, then click here to leave Mark a "tip" and purchase tickets to the breakfast on February 3rd at the ...
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Dionna Sargent Appointed Community Development Market Leader
Dionna Sargent has been appointed Community Development Market Leader. As the Community Development Market Leader, she will lead Cinnaire's Priority City Initiative in Wilmington, Delaware, focusing on identifying resources and opportunities to further comprehensive community development objectives in the city. ...
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First Cinnaire Cares Donations Awarded
We have an unwavering belief that all people deserve the opportunities provided by living in healthy communities. The Cinnaire Cares initiative is a companywide staff-funded and driven charitable program. Developed by our employees to support our mission, Cinnaire Cares was ...
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Develop Michigan Closes its 17th Michigan Investment
To Date DMI has Financed Projects with $248 Million of Total Development Costs Develop Michigan, Inc. (DMI) is a key financing partner for commercial real estate developers committed to fostering economic development and the revitalization of the Michigan economy. DMI ...
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Avenues to Affordability: Making Great Impact
The latest issue of Avenues to Affordability is online now. Click here to read the latest issue!
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Cinnaire Invests in Mott Community College Culinary Arts Facility
Project Will Provide Educational Opportunities and Revitalization in Downtown Flint, Michigan Cinnaire recently provided $9 million in New Markets Tax Credits (NMTC) allocation to support the development of the Mott Community College Culinary Arts Facility. Chase, as the NMTC investor, ...
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Holiday Food Drive
We have an unwavering belief that all people deserve the opportunities provided by living in healthy communities. The Cinnaire team put that message into action by helping families in need with our annual food drive this holiday season. This year, ...
Read More Stephanie Stoll Featured in Tax Credit Advisor
Building Your Bench Strategies for developing future leaders "Being identified as a future leader excites me about working for Cinnaire," said Stephanie Stoll. As a specific, she cited the regular CEO lunches, in which president & CEO Mark McDaniel takes ...
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Develop Michigan Closes its 16th Michigan Investment
Total Project Costs of $244 Million Develop Michigan, Inc. (DMI) is a key financing partner for commercial real estate developers committed to fostering economic development and the revitalization of the Michigan economy. DMI has announced the closing of a $1 ...
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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.
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