Latest News

Residents spearhead community hub project focused on health equity in SE Grand Rapids

When the people have a voice in building and bettering their community, everybody wins. That is exactly what is going on in west Michigan as Cinnaire's New Markets Tax Credit (NMTC) team recently closed on a multipurpose community hub project ...
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Cinnaire staff at the Eddy ribbon cutting

Grand Opening of The Eddy Provides Affordable Housing to Eau Claire

Cinnaire Solutions and W Capital Group Develop 43-Unit Mixed-Income Apartment On August 28, 2023 Cinnaire Solutions joined the W Capital Group, Wisconsin Housing and Economic Development Authority (WHEDA); Wisconsin Department of Administration; Lieutenant Governor Sara Rodriguez; Eau Claire City Council ...
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Advancing Communities Podcast: Just Action Book Discussion with Author Richard Rothstein

Cinnaire's Advancing Communities Podcast features Cinnaire team members having conversations with thought leaders, policy makers and others who are making a difference in the community development industry. In this episode, Chris Neary, Cinnaire SVP Policy and Advocacy, sits down with Richard ...
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Policy Pulse – September 2023

The latest edition of Policy Pulse is available with information on the looming Federal government shutdown, CRA Reform, Just Action recap, Cinnaire's comments on improving the Capital Magnet Fund, State QAP changes, and more. Click here to see Cinnaire’s September ...
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Cinnaire Awarded $60 Million in New Markets Tax Credits from U.S Treasury Department

Award Will Spur Projects that Support Education, Vocational Training and Job Opportunities in Disinvested Communities  Cinnaire has been awarded a $60 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of Treasury's Community Development Financial Institutions Fund (CDFI ...
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Honored guests and speakers join-in to throw some dirt outside the new Eastpointe Commons complex. United Healthcare is one of the major players in a project that is turning the old, empty Fulton Manor buildings in Grand Rapids into a new housing facility named Eastpointe Commons

Cinnaire Joins Hope Network & Partners to Celebrate Eastpointe Commons Groundbreaking

Cinnaire recently joined Hope Network, Grand Rapids Mayor Rosalynn Bliss and community partners to celebrate the groundbreaking for Eastpointe Commons, a $40 million affordable housing development on Fulton Avenue East in Grand Rapids, MI, spearheaded by Hope Network, a leading ...
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Cinnaire Named Best Place to Work by Crain’s Detroit Business

Crain’s Detroit Business Best Places to Work Program Recognizes Companies with Excellent Workplace Culture, Leadership and Benefits Cinnaire has been named one of Crain’s Detroit Business Best Places to Work in Michigan for the 10th consecutive year. With Michigan offices in ...
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Two Cinnaire Projects Named Affordable Housing Finance Readers Choice Finalists

Affordable Housing Finance (AHF) recently announced 32 inspiring developments have been selected as finalists in the 2023 AHF Magazine Readers’ Choice Awards. The awards, now in its 19th year, recognize the best affordable housing developments nationally in 10 categories. The ...
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Claymont Apartments Reopen Providing 29-Units of Affordable Housing in Wilmington

Following catastrophic flooding during Hurricane Ida, building underwent $3 million renovation When Hurricane Ida hit Delaware on September 1, 2021, the neighborhood where Claymont Street Apartments is located was among the most impacted by flooding. Many residents were evacuated on ...
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Q2 2023 Michigan Future Business Index: Michigan’s Small Businesses Report Inflation Eating into Their Profits

Optimism Remains on Improving Economy and Future Opportunities In a recent statewide survey of 615 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated even though the impacts of the weaking economy have ...
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Cinnaire’s Dionna Sargent Receives Prestigious Leon N. Weiner Award

  Cinnaire is proud to announce that Dionna J. Sargent has been recognized with the esteemed Leon N. Weiner Award by Housing Opportunities of Northern Delaware, Inc. (HOND). The award was presented at the 39th Annual Fair Housing Observance and ...
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Policy Pulse – June 2023

With new legislative sessions and budget seasons underway, this edition of Policy Pulse is focused on helping you understand the current state of play at the federal and state levels, including what new bill introductions and budget discussions will mean ...
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Cinnaire Names Lucius Vassar Chief Legal Officer & Corporate Secretary

Cinnaire has announced the promotion of Lucius Vassar to Chief Legal Officer and Corporate Secretary. Lucius joined Cinnaire in 2018 as Detroit Market Lead and was soon promoted to Corporate Counsel and EVP, Equitable Engagement. Lucius has served as a ...
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Cinnaire Welcomes Three New Board Members

Cinnaire has announced the appointment of three new Board members. The new members join the organization's Board of Directors to provide strategic direction supporting continued growth around Cinnaire's commitment to investing in people and places to transform communities. "Sarida, Fred ...
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Cinnaire Closes $151 Million in Committed Capital for Equity Fund

Low-Income Housing Tax Credit fund will create nearly 1,500 affordable homes in five states Cinnaire announced today the closing of the Cinnaire Fund for Housing (Fund 39), a $151 million multi-investor Low-Income Housing Tax Credit fund. The fund will support ...
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Cinnaire Solutions Joins Grandmont Rosedale Development Corporation, City of Detroit Breaking Ground on Affordable Housing

Cinnaire Solutions and the Grandmont Rosedale Development Corporation joined Detroit Mayor Mike Duggan and Detroit City Council President Pro Tem James Tate today to announce that renovations have begun on Grandmont Rosedale Park Collective II in Detroit's Grandmont Rosedale neighborhood. ...
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WE Build Celebrates Inaugural Graduation

Cinnaire launched Women Empowered to Build (WE Build) in December of 2020 in the Detroit market to provide mentoring and capital to Black- and women-led development firms to accelerate the fundability, stability, and growth of their real estate development business. ...
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Keith Broadnax Honored as CHIP Champion

Keith Broadnax, Cinnaire Senior Vice President, Business Development, has been awarded the Coalition for Homelessness Intervention and Prevention (CHIP) Champion Award. The award celebrates an individual who embodies dedication and commitment to CHIP's mission and champions the work of CHIP ...
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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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Lansing MI, 48910

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Chicago, IL 60606

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Madison, WI 53703

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Grand Rapids, MI 49503

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Detroit, MI 48201

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Milwaukee, WI 53202

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