Latest News
Susan Frank Joins GLCF Family of Organizations
Susan Frank joined Delaware Community Investment Corporation, a Cinnaire company, as Vice President and Managing Director of Business Development. Ms. Frank, formerly a Director in Fannie Mae’s Multifamily group, will be a critical member of the Delaware Community Investment Corporation ...
Read More GLCF Chicagoland Office Moves Downtown
Cinnaire announces the relocation of our Chicagoland office to downtown Chicago: NEW ADDRESS: 225 West Washington Suite 1350 C Chicago Illinois 60606 Please make note of our new address. All our phone lines and email addresses have remained the same.
Read More Lafayette Place Lofts Receives 2013 Prestigious “Timmy” Award for Historic Housing
A former Sears Department Store built in the 1920s converted to loft-style apartments, an Anytime Fitness and a fresh food market in Pontiac, Michigan along with the NSO Bell Building in Detroit, Michigan were two of the three Judges’ Award ...
Read More Logue Elected to Board of Directors of the Federal Home Loan Bank of Indianapolis
James L. Logue III, Chief Operating Officer of Cinnaire, was recently elected to the Board of Directors at the Federal Home Loan Bank of Indianapolis (FHLBI). He is one of eight “independent” directors from organizations in Indiana and Michigan with ...
Read More GLCF Announces Corporate Acquisition
Passion White was in a tough spot. She was working full-time, but still unable to make ends meet. She lived in a women’s shelter while her children stayed with other family members. Even though she was doing her best, it ...
Read More Detroit’s Palmer Park Square Receives National Recognition
Palmer Park Square Wins 'Best Demonstrates Financial Innovation' at the Novogradac Journal of Tax Credits Historic Rehabilitation Awards Detroit-based Shelborne Development Company was honored during the Novogradac Journal of Tax Credits conference, held at the MGM Grand Detroit. Kathy Makino-Leipsitz, ...
Read More THE SALVATION ARMY RAY AND JOAN KROC CORPS COMMUNITY CENTER CHICAGO
Developer: The Salvation Army CDEs: City of Chicago Housing and Economic Development; Cinnaire; Park National Bank Initiatives; Consortium Chicago, Ill. Congratulations to the winners of the 2013 Metro QLICI of the Year award: The Salvation Army Ray and Joan Kroc ...
Read More Longtime MSHDA Leader, Gary Heidel, Accepts New Role
Gary Heidel, Director of Policy & Market Research at the Michigan State Housing and Development Authority (MSDHA), has been appointed Chief Placemaking Officer for MSHDA. Gary will be responsible for overseeing the Community Development Division, the Downtown and Community Services ...
Read More GLCF Annual Company Picnic
This year over 50 Cinnaire employees and their families traveled to Hawk Island Park in Lansing, Michigan for the Annual Company Picnic. Games were organized for both young and old to enjoy, and the park’s MANY amenities (including fishing, horseshoes, ...
Read More GLCF VP Honored for Affordable Housing Achievements and Contributions
At the annual statewide conference, IHCDA and IACED, along with their award sponsors and colleagues, recognize organizations and individuals for their outstanding projects and services. Cinnaire was proud to be represented in two of the five award categories given at ...
Read More “Connecting the Dots with Customer Service” From Fort Wayne to Mt. Pleasant to Madison! GLCF Delivers FREE Training and Educational Seminars
Cinnaire proudly offered three educational training seminars, “Connecting the Dots with Customer Service,” aiming to enhance the management and maintenance practices in our industry. The free seminars took place in Fort Wayne, Indiana; Mt. Pleasant, Michigan; Madison, Wisconsin and featured ...
Read More First Michigan-Based Privately Operated Development Finance Organization Launches
Cinnaire is pleased to announce that it has launched a new real estate financing tool, Develop Michigan (DMI), for Michigan-based projects. Develop Michigan will play a dynamic role in financing commercial real estate projects, thus augmenting current efforts to transform ...
Read More GLCF’s Fund 28 Closes – Delivering $109 Million of Capital Across Midwest
Cinnaire (Cinnaire) is pleased to announce the closing of its most recent fund, Cinnaire for Housing Limited Partnership XXVIII, or Fund 28, with $109 million raised to support affordable housing across the Midwest. Seven investors contributed to Fund 28, comprised ...
Read More Derrick Collins Joins Great Lakes Capital Fund Board of Directors
Derrick Collins, Dean for the College of Business at Chicago State University, Joins Community Development Finance Institution Board Lansing -- Derrick Collins has joined Cinnaire’s Board of Directors. With an extensive career in finance, investment, and most recently, higher education, ...
Read More Crawford Apartments Holds Ribbon Cutting Celebrates Permanent Supportive Housing for Bloomington Residents
CRAWFORD APARTMENTS PROVIDES QUALITY, AFFORDABLE APARTMENTS FOR PEOPLE WITH DISABILITIES EXPERIENCING CHRONIC HOMELESSNESS Bloomington - Today, Cinnaire, LIFEDesigns Inc., The Shalom Community Center and other partners celebrate the grand opening of Crawford Apartments. Cinnaire (Cinnaire) provided $5.49 million of Housing ...
Read More Green Meadows Will Provide 24 Quality, Affordable Homes to Springport, Michigan Residents
GREAT LAKES CAPITAL FUND INVESTS $1.6 MILLION IN AFFORDABLE FAMILY HOUSING, CREATES 36 JOBS SPRINGPORT - Cinnaire (Cinnaire) recently invested $1.6 million to rehabilitate Green Meadows Apartments in Springport, MI. Green Meadows will provide 24 apartment homes for working families. ...
Read More Kalamink Creek Will Provide 24 Quality, Affordable Homes to Webberville Residents
WEBBERVILLE - Cinnaire (Cinnaire) recently invested $1.7 million to rehabilitate Kalamink Creek in Webberville. Kalamink Creek Apartments will provide 24 for working families. Through construction and recurring costs of operation, Kalamink Creek is projected to add 36 jobs to the ...
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