Latest News
Three Cinnaire Projects Named Affordable Housing Finance Readers’ Choice Award Winners
The Affordable Housing Finance (AHF) annual Readers’ Choice Awards honor and recognize outstanding affordable housing developments nationally in ten categories. Each project is unique and highlights the diverse range of affordable housing for families, seniors, formerly homeless individuals and ...
Read More Policy Pulse – September 2024
This edition of Policy Pulse provides updates on potential legislation developments leading up to November's election, the presidential candidates' housing plans, state budget appropriations for affordable housing and policy legislation throughout Cinnaire's footprint, and comments submitted by Cinnaire on rulemakings ...
Read More Cinnaire Solutions and Olympia Development Begin Restoration on Detroit’s Historic Henry Street Apartments
Detroit's Henry Street Restoration Includes Seven Buildings, 170 Units and a Full City Block Marking a momentous day in The District Detroit, Cinnaire Solutions and Olympia Development of Michigan were joined on August 28 by Mayor Mike Duggan, Michigan State ...
Read More Keith Broadnax Honored with IAHC Leadership Award for Excellence in Affordable Housing Industry
Cinnaire is proud to announce Keith Broadnax has been honored with the prestigious Indiana Affordable Housing Council (IAHC) Award for Leadership in Affordable Housing, recognizing his outstanding contributions and unwavering commitment to the industry. The award celebrates individuals who ...
Read More New State-of-the-Art McClellan Early Childhood Center Opens on Detroit’s East Side, Offering Education to Over 90 Children
 $8.75 million, state-of-the-art facility will provide education to over 90 children Yesterday, a celebration took place to mark the opening of the new McClellan Early Childhood Center (McClellan) in the Gratiot Woods neighborhood on the East Side of Detroit. ...
Read More Affordable Housing Finance Announces Readers’ Choice Finalists
Affordable Housing Finance (AHF) has announced thirty-eight inspiring developments have been named finalists in the 2024 Readers’ Choice Awards. The awards recognize the best affordable housing developments nationally in 10 categories. Each project is unique and highlights the diverse range ...
Read More Legislation Introduced to Clarify Fannie Mae and Freddie Mac’s Ability to Invest in Multi-Investor Funds
On August 1, a bipartisan group of legislators introduced the Preserving Rural Housing Investments Act, a bill in the U.S. Senate and House of Representatives that would clarify the ability of Fannie Mae and Freddie Mac to invest in multi-investor ...
Read More Cinnaire Joins Michigan Business Network to Present Results for Q2 2024 Michigan Future Business Index Survey
In a recent statewide survey of 691 small to medium size businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated that while inflation is the biggest challenge for small businesses, finding customers and acquiring talent are ...
Read More Honoring the Career and Legacy of Jim Logue: Affordable Housing Legend Retires
Forty-Year Career Shaped Affordable Housing Industry Jim Logue, Cinnaire’s longtime Chief Operating Officer and most recently, Chief Policy and Advocacy Officer, is retiring this month after 21 years of dedicated service to our organization. Jim's career in the affordable housing ...
Read More Electric Vehicle Carshare Program Launched at Detroit’s River Crest Apartments
Residents of River Crest Apartments in Detroit’s east side—as well as the local community—have access to a new affordable, environmentally friendly transportation option with the launch of an electric vehicle carsharing system through the national Affordable Mobility Platform (AMP) program. A kickoff event ...
Read More Cinnaire Provides $5M Pre-Development Line of Credit to Michaels for 700+ Homes
Cinnaire Lending has announced the closing of a $5 million revolving pre-development line of credit to The Michaels Organization, a national leader in residential real estate with full-service capabilities in development, property management, construction and investment. The line of credit will ...
Read More Policy Pulse – June 2024
This edition of Policy Pulse provides updates on major developments at the federal level that could have significant impacts on affordable housing and community development. Read about state budget and policy legislation throughout Cinnaire's footprint, steps the Biden Administration is ...
Read More Webinars to Update Partners on Next Steps for Climate United: Multifamily Approach
Cinnaire is pleased to share two upcoming webinars to inform partners on accessing National Clean Investment Funds to support greener multi-family housing. The sessions are hosted by our multifamily agency lending partner, CPC Mortgage, a member of the Climate United collaborative recently awarded $6.97 billion in ...
Read More Cinnaire Closes $175 Million Equity Fund 41 to Provide Housing in 4 Midwest States
Low-Income Housing Tax Credit fund will create or preserve more than 1200 affordable homes across the Midwest Cinnaire announced the closing of the Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor Low-Income Housing Tax Credit (Housing Credit) fund. ...
Read More Cinnaire Advances Economic Equity Through Youth Development Initiatives
Cinnaire is dedicated to advancing economic equity and actively supports organizations that empower the next generation and foster economic success. Junior Achievement (JA) is a global youth-serving organization that plays a vital role in preparing young people for future job ...
Read More Cinnaire Celebrates the Grand Opening of Two New Affordable & Supportive Housing Developments in St. Paul, MN
Cinnaire joined our partners from Project for Pride in Living and Emma Norton Services to celebrate the grand opening for Restoring Waters and Nellie Francis Court, two new affordable housing developments in St. Paul’s Highland Bridge development. Project for Pride ...
Read More Advancing Communities Podcast: Asset Management With A&M – Troubled Assets
Cinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bring together thought leaders, policy makers, and others to discuss issues, share strategies and provide resources to professionals working in ...
Read More Cinnaire Holds Groundbreaking for The Collective on Fourth In La Crosse
Cinnaire Solutions and Northernstar Companies Development to Provide 62 Units of Mixed-Income Housing  On May 8, 2024, Cinnaire Solutions and the Northernstar Companies broke ground on a $16 million new construction multi-family housing development in La Crosse, WI. The Collective ...
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Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
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