In the News

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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Village of St. John Groundbreaking

Cinnaire recently joined our partners from the Ministry of Caring, Inc., Mayor Mike Purzycki, Delaware State Housing Authority (DSHA) Director Anas Ben Addi, Senator Harris B. McDowell, Representative Charles Potter, local officials and community leaders to celebrate the start of construction ...
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Central Baptist Community Development Corporation Receives FHLBank of Pittsburgh Affordable Housing Program Award

Dionna Sargent Recognized for her Significant Contribution of Technical Expertise Supporting Award Application The Central Baptist Community Development Corporation (CDC) recently received a Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) Affordable Housing Program (AHP) award. The grant will support ...
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Cinnaire Receives Affordable Housing Program Grants from the Federal Home Loan Bank of Chicago

Cinnaire was awarded $3.8 million from the Federal Home Loan Bank of Chicago (FHLBank Chicago) competitive Affordable Housing Program (AHP). The FHLBank Chicago announced more than $24.1 million in AHP awards to help finance 42 affordable housing projects located primarily ...
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Cinnaire Receives Grants from Discover Bank and TD Bank

Grants will Support Cinnaire's Community Development and Revitalization Efforts in Wilmington, DE          Cinnaire recently received grants from Discover Bank and TD Bank to support our significant investment and focused revitalization initiative in Wilmington. The grants will ...
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Cinnaire Invests in Marshfield Area YMCA

Project will Support Healthy Living, Education and Youth Development in Marshfield, WI Cinnaire recently provided a $7.2 million New Market Tax Credit (NMTC) allocation to support the expansion and rehabilitation of the Marshfield Area YMCA. Forward Community Investments (FCI) is ...
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Avenues to Affordability: An In-Depth Look at Federal Home Loan Banks

The latest issue of Avenues to Affordability is online now. Click here to read the latest issue.
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DMI Provides $8 Million Financing – The Grand Rapids, Michigan Industrial Portfolio

Develop Michigan, Inc. (DMI) has announced the closing of an $8 million mezzanine loan to support the development of an industrial and commercial corridor in Grand Rapids, MI and Lansing, MI. Developed by a partnership between First Holding, Milford & ...
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Jim Logue Re-Elected to Federal Home Loan Bank of Indianapolis Board of Directors

Cinnaire Chief Strategy Officer Jim Logue has been re-elected to the Federal Home Loan Bank of Indianapolis (FHLBI) Board of Directors. The FHLBI's mission is to provide a reliable source of liquidity to member banks, credit unions, community development financial ...
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Happy Thanksgiving From Cinnaire

This holiday, as we gather with friends and family to celebrate our blessings, the Cinnaire team wishes to extend a special thank you to our partners. Thanks to you, we continue to empower and serve people from all backgrounds. Thanks ...
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Cinnaire & Partners Celebrate the Start of Construction for the Flats at Grandview Commons

New Apartment Community will Bring High-Quality, Affordable Housing to Madison, WI Cinnaire recently joined community leaders, local residents and development team partners to celebrate the start of construction for The Flats at Grandview Commons, a new affordable housing community for ...
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Gateway Village Receives Governor’s Energy Excellence Award

Cinnaire is pleased to announce Gateway Village was among eight organizations and individuals recently recognized at the Governor's Energy Excellence Awards (GEEA) for their extraordinary efforts to reduce energy waste. Located in Sturgis, MI, Gateway Village received the Best Commercial ...
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Cinnaire Receives Community Development Financial Institution Fund Award

Financial Assistance Award will Support Cinnaire's Mission to Create Healthy, Vibrant Communities The Community Development Financial Institution (CDFI) Fund recently announced its FY 2017 Awards. A total of $208.7 million was distributed to CDFIs in 46 states and the District ...
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Cinnaire Appoints Director of Lending, Asset Management and Vice President, Equity Capital Raising

Trey Phillips has been appointed Director of Lending, Asset Management, in the company's Chicago, IL, office. In this new position, Trey will be responsible for managing the oversight of Cinnaire's lending portfolio. Trey will develop and implement strategy to mitigate against ...
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Cinnaire MidAtlantic Annual Meeting – A Bold Plan for Reimagining Delaware

Cinnaire recently hosted the company's MidAtlantic Annual Meeting. The meeting provided MidAtlantic developers, investors, community leaders and community revitalization organizations an opportunity to discuss affordable housing and community development in Delaware. Cinnaire's Susan Frank, Dionna Sargent and Hughlett Kirby outlined ...
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Cinnaire joins Center City Housing Corporation to Celebrate Grand Opening for Park Place Apartments

New Apartment Community Designed to Provide Supportive Services and Affordable Housing in Bemidji, MN Cinnaire recently joined Center City Housing Corporation to celebrate the grand opening for Park Place Apartments. Located in Bemidji, MN, Park Place Apartments is an innovative ...
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Cinnaire Celebrates Groundbreaking Ceremony for Mysa House

New Affordable Apartment Community will provide Housing and Services for Seniors in Mora, MN Cinnaire recently joined developer D.W. Jones, Inc, Mora Mayor Jack L’Heureux, the Minnesota Equity Fund (MEF), Mora Housing and Redevelopment Authority (HRA) and community leaders to ...
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Media Inquiries

Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247.

Cinnaire's 2025 Annual Report

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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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