Latest News
Great Lakes Capital Fund’s Detroit office moves to the heart of Woodward Avenue
Community Development Finance Institution relocates its Detroit office to the Palms Building on Woodward Ave., across from Comerica Park Today, Cinnaire relocates its Detroit office from 25th Avenue in Southwest Detroit to 2111 Woodward Avenue, Suite 600, in the historic ...
Read More HDC MidAtlantic to honor Delaware housing exec as Housing Advocate of the Year
James Peffley is the first recipient of the award from outside Pennsylvania. Housing Development Corporation MidAtlantic President Michael R. Carper announced today that the nonprofit will name James Peffley its 2015 Housing Advocate of the Year at HDC’s Faces of ...
Read More New Delaware Capital Fund Brings $9M to Market Street Apartments Development in Wilmington
Delaware Community Investment Corp. Makes its First Investment From $23 Million Fund to Support Community Development Market Street Apartments has officially broken ground and construction is underway to renovate three historic commercial buildings to provide 76 quality, affordable apartment homes ...
Read More GLCF Delivers the Whole Package in Elgin RAD Housing Development
There are groundbreakings, and there are heartfelt groundbreakings -- like the one that took place for new affordable housing for seniors in Elgin, Illinois. "We appreciate every one of you," Housing Authority of Elgin resident Elizabeth Odumuyiwa, who serves as ...
Read More President Obama Visits GLCF Funded New Markets Tax Credit (NMTC) Development in Indianapolis
From the Treasury.gov blog: Today, President Obama delivered remarks on our growing economy and steady job growth at Ivy Tech Community College’s Corporate College and Culinary Arts Training Center in Indianapolis. The President’s visit underscores what is possible if we ...
Read More Capital Fund Services Releases Current Rate Sheet
Please follow the link to download a copy of Capital Fund Services Rate Sheet: Current Rates Updated February 2015 For more information please call 877-FOR-Cinnaire and ask to speak with someone from the CFS team.
Read More Great Lakes Capital Fund Partners with MLK Holiday Commision to Support $20,000 in College Scholarships and Gospel Concert
Cinnaire proudly sponsors the Greater Lansing’s MLK Essay Contest and College Scholarship Fund for Third Year in a Row Today, Cinnaire is honored to partner with community institutions to applaud and support Greater Lansing’s Dr. Martin Luther King, Jr. Holiday ...
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Watch the Video: Develop Michigan, Inc. is Driving Economic Progress
Learn more at www.developmichigan.net
Read More CapFund New Markets Invests $9 Million in Parkview Warsaw YMCA
CapFund New Markets has closed and financed a $9 million allocation of federal New Markets Tax Credits to support a new, leading edge, facility with more than 72,000 square feet, to meet the growing needs of the Warsaw, Indiana community. ...
Read More GLCF Announces Senior Vice President for Business Development
Cinnaire (Cinnaire) is pleased to announce the promotion of Fred Hash to Senior Vice President of Business Development. He has led business development for Cinnaire for the past fifteen years, and has worked in the community development industry for over ...
Read More CapFund New Markets Invests $9 Million in Pontiac Domestic Abuse Shelter and Counseling Center
CapFund New Markets has closed and financed a $9 million allocation of federal New Markets Tax Credits to support an emergency shelter and counseling center for victims of domestic and sexual violence. HAVEN, the development sponsor, has served the Pontiac ...
Read More Capital Fund Services Arranges Financing for Southside Chicago Multifamily Housing
Chicago-based Capital Fund Services (CFS), a related company of Cinnaire, arranged financing for a six apartment-home multifamily asset on the Southside of Chicago, Illinois. “The borrower is new to Chicago and we were pleased to help fund this smaller loan ...
Read More Great Lakes Capital Fund Announces Three Affordable Housing Developments to Serve Indiana Communities
Equity totaling $22.3 million will support 134 apartment homes in the communities of Bedford, Beech Grove and Delphi, Indiana Following the recent announcement of Fund 29 closing, equity from Great Lakes Capital Fund (Cinnaire) has been delivered to finance 134 quality, affordable apartment ...
Read More Michigan Banks Generate $13 Million for the Development of Affordable Housing
Cinnaire and Michigan Bankers Association established an equity fund for low-income seniors, families and residents with disabilities Cinnaire (Cinnaire) and Michigan Bankers Association Service Corporation (MBASC) recently closed its third equity fund, bringing $13 million to support the development and ...
Read More Capital Fund Services Arranges $10.35M Mortgage to Support 150-unit Multifamily Development
Chicago-based Capital Fund Services (CFS), a related company of Cinnaire, arranged $10,350,000, 3.60% first mortgage for a 150 unit multifamily development in Northern New Jersey. “As the CFS and the Cinnaire family of companies expands in the northeast with the ...
Read More Great Lakes Capital Fund partners as Title Sponsor for Season 3 of “From Glory Days”
From Glory Days, a TV show featuring the lives of former professional Hall of Fame, All-Star, World Champion, and other former professional athletes begun its third season on November 16, 2014, at 7:30pm on WADL-Detroit and will air through February ...
Read More Permanent Financing Provided by Capital Fund Services Strengthens Indiana Housing Stock
Chicago-based Capital Fund Services (CFS), a related company of Great Lakes Capital Fund, sourced permanent financing totaling near $1,100,000 for a 64-unit multifamily affordable housing development in south eastern Indiana, between Louisville and Cincinnati. “We are pleased to help facilitate locking in ...
Read More Capital Fund Services Funds Sources Permanent Financing to Preserve Indiana Affordable Housing Stock
Chicago-based Capital Fund Services (CFS), a related company of Great Lakes Capital Fund, sourced permanent financing totaling near $4,000,000 on a Fort Wayne Indiana portfolio totaling 138 units. “We were able to bring the needed debt capital to a ...
Read More Media Inquiries
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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