Latest News
Ubuntu Fund Secures $55 Million Investment from Prominent Financial Institutions to Create Pathways for Equitable Access
Cinnaire has announced the closing of the $55 million Ubuntu Fund, an equitable access fund developed to support affordable housing development with underinvested developers in the Midwest region. The creation of this fund was made possible through the investments of ...
Read More Cinnaire Supports CARH Scholarship Foundation
The Council for Affordable and Rural Housing (CARH) serves stakeholders in the affordable housing industry and works to ensure low-income residents of rural America have access to safe, reliable and affordable housing. Cinnaire recently announced a $20,000 donation supporting the ...
Read More Cinnaire Celebrates MLK Day with Dr. Martin Luther King Jr. Commission of Mid-Michigan
Cinnaire was proud to join our partners from the Dr. Martin Luther King Jr. Commission of Mid-Michigan to host the 39th Annual MLK Day of Celebration at the Lansing Center. The event, one of the largest and longest running celebrations ...
Read More Fifth Third Bank Loan Opens Doors for Cinnaireās Community Development Work in IL, MI
Cinnaire Lending Corporation (CLC), a certified Community Development Financial Institution has been awarded a $5 million Equity Equivalent investment, or EQ2, from Fifth Third Bank. Cinnaire Lending will leverage Fifth Thirdās $5 million commitment to provide financing to developers for ...
Read More Save the Date – Pancake Palooza 2024
The 11th Annual Haven House Pancake Palooza is on Saturday, February 24th, at the 2/42 Community Church from 8:00 ā 10:00 a.m. Click here to purchase tickets and join our CEO Mark McDaniel for an all-you-can-eat breakfast to support Haven ...
Read More Policy Pulse – January 2024
This Special Edition of Policy Pulse provides updates on major developments at the federal level that could have significant impacts on affordable housing and community development.Ā Congress is debating stopgap spending bills to avoid Jan. 19 shutdown of federal agencies, ...
Read More WE Build Program Launches to Foster Growth in Detroit Women Developers
Historically, women have faced barriers to success in the commercial real estate development industry. Cinnaire, in collaboration with the Womenās Sustainable Development Initiative (WSDI), is addressing those barriers with the launch of the Women Empowered to Build (WE Build) Program ...
Read More Cinnaire Joins Michigan Business Network to Present Results for Q4 2023 Michigan Business Future Index Survey
In a recent statewide survey of 609 small to medium-sized businesses, respondents to the latest Michigan Future Business Index (MFBI) indicated concerns over wage inflation, supply chain issues, and overall inflation continue to shrink. While sales and profits hit record ...
Read More Cinnaire Closes Funds Totaling $193 Million, Committing Capital for Affordable Housing in Ten States
Fund Closings Brings Total Equity Investments Raised in 2023 to $417 Million Cinnaire has announced the closing of two Low-Income Housing Tax Credit funds totaling $193 million. These multi-investor funds ā Cinnaire Fund for Housing (Fund 40) and Cinnaire ...
Read More Policy Pulse – December 2023
The latest edition of Policy Pulse is available with information on AHCIA achieving landmark level of support; CRA Reform; State updates; a Workforce housing credit bill introduced and CDFI and Housing Credit advocacy in Washington, D.C. Click here to see ...
Read More Advancing Communities Podcast: Asset Management With A&M – Defining Asset Management
Cinnaireās Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bringing together experts in the asset management industry to discuss issues, share strategies and provide resources ...
Read More Cinnaire Receives $5 Million FHLBank Chicago Award to Support Affordable Housing in Illinois, Wisconsin
An award totaling $5 million will allow Cinnaire to support -five affordable housing projects in the Midwest including the acquisition, rehabilitation and construction of 269 units. The developments will be across Illinois and Wisconsin, with an emphasis on housing people ...
Read More Advancing Communities Podcast: Asset Management with April & Miranda
In their new series on Cinnaire'sĀ Advancing Communities podcast, AM With A&M, April Priebe (A) and Miranda Bialk (M) will be introducing listeners to the world of asset management (AM). April is an asset manager for Cinnaireās special assets and Miranda ...
Read More Detroit Free Press Names Cinnaire a Winner of the Michigan Top Workplaces 2023 Award
Cinnaire has been named a Detroit Free Press Top Workplace 2023. The Detroit Free Press partnered with Philadelphia-based Energage, an employee research and culture technology firm, for the 16th year to determine the winners of this yearās Michigan Top Workplaces. ...
Read More Advancing Communities Podcast: Repositioning Public Housing – Understanding RAD & Its New Guidelines
Cinnaireās Advancing Communities Podcast 2023 Episode 2 brings together Monty Childs, Senior Vice President, Cinnaire, with thought leaders, policy makers, and developers who are making an impact on the community development and affordable housing industries. In this episode, Monty moderates ...
Read More Cinnaire’s Jim Logue Inducted Into AHF Hall of Fame
Cinnaire is proud to announce that Jim Logue has been inducted into the Affordable Housing Finance Affordable Housing Hall of Fame for his longstanding commitment to accessible, equitable housing. Recognized as being industry champions, pioneers, leaders and advocates for ...
Read More Cinnaire Project Earns Prestigious Honor as Charles L. Edson Tax Credit Excellence Award Recipient
Cinnaire has announced that The Meadows, a new affordable housing community in Darlington, WI, has earned top honors as the recipient in the Rural category for the Charles L. Edson Tax Credit Excellence Award. The Edson awards recognize outstanding ...
Read More Lease-Purchase Program Succeeds in Detroit
An innovative Lease Purchase Program, headed by Cinnaire in partnership with the City of Detroit, CHN Housing Partners, and other local partners, has enabled 73 families in Detroit to transition from renting to sustainable homeownership since the programās inception in ...
Read More Media Inquiries
Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
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