Latest News
Cinnaire’s NMTC Investment Brings Equitable Mixed-Use Housing & Social Entrepreneurship Incubator to the Heart of Detroit’s Midtown
Cinnaire's Peter Giles and Sherita Smith recently joined Detroit Mayor Mike Duggan, City Council President Mary Sheffield, the Preservation of Affordable Housing (POAH), and Develop Detroit to celebrate the grand opening for The Freelon at Sugar Hill, a new mixed-use ...
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Cinnaire Investments Capture Prestigious Charles L. Edson Tax Credit Excellence Awards
Two of Cinnaire's investments have been awarded the prestigious Charles L. Edson Tax Credit Excellence Award (Edson Award). 1300 Residences, a 50-unit senior and veterans housing projects in River Falls, WI, has been selected as the recipient in the Green ...
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Sarah Greenberg Appointed President, Cinnaire Lending
Cinnaire has announced Sarah Greenberg has been appointed President, Cinnaire Lending. Sarah brings more than 19 years of experience to the role, serving most recently as Cinnaire's Senior Vice President, Affordable Housing and Lending where she oversaw real estate lending ...
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Cinnaire Launches Jumpstart Martindale Brightwood to Empower Community Members as Developers to Revitalize Neighborhoods
Indiana Based Jumpstart Program Builds on Cinnaire's Commitment to Expand Access to Economic Opportunity Cinnaire and Martindale Brightwood Community Development Corporation (MBCDC) recently joined forces to launch Jumpstart Martindale Brightwood, a program designed to help Martindale Brightwood residents become developers ...
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Cinnaire Named One of the Coolest Places to Work in Michigan for 9th Consecutive Year
Crain's Detroit Business Cool Places to Work Program Recognizes Companies with Excellent Workplace Culture, Leadership and Benefits Cinnaire has been named one of Crain's Detroit Business Cool Places to Work in Michigan for the 9th consecutive year. With Michigan offices in Lansing, ...
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Cinnaire’s Policy Pulse – August 2022
Chris Neary, Cinnaire's Senior Vice President for Policy, Research, and Advocacy, provides an update on the Inflation Reduction Act, CRA Reform, Federal Policy Items on Our Radar and more in the latest issue of Policy Pulse. Click here to see the ...
Read More Cinnaire Comments on CRA Reform
The Community Reinvestment Act (CRA) remains a driving force behind private sector investment in underserved communities, including Cinnaire's work to raise capital through equity investments and lending. The CRA has fundamentally been successful at increasing the level of bank activity ...
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Cinnaire Partners with CPC Mortgage Company and NEF To Form Industry’s Only Impact-Driven Multifamily Mortgage Lender
Sector-Defining Partnership of Nonprofit Companies Bring Social Responsibility Lens to Mortgage Lending With Focus on Affordable, Workforce Housing Today, Cinnaire, The Community Preservation Corporation (CPC) and National Equity Fund (NEF) announced a joint partnership in CPC Mortgage Company, a national mortgage ...
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Two Cinnaire Projects Named Affordable Housing Finance Readers’ Choice Finalists
Two of Cinnaire's investments have been selected as finalists for the 2022 Affordable Housing Finance (AHF) Readers' Choice Awards. Kinser Flats, a 50-unit supportive housing project in Bloomington, IN, is a finalist in the Special Needs category and 1300 Residences, a 50-unit ...
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Marygrove Early Education Center Selected as Honorable Mention for National Metro QLICI of the Year Award
Early Childhood Center Financed by NMTC Provides Transformative Cradle-to-Career Educational Opportunities for Detroit Families Cinnaire is pleased to announce its NMTC development, Marygrove Early Education Center, has been selected as honorable mention for the 2022 Novogradac Journal of Tax Credits Metro ...
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Cinnaire Joins Michigan Business Network to Present Results for Q2 2022 Michigan Future Business Index Survey
In a recent statewide survey of 536 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated inflation is the number one challenge to doing business in Michigan, knocking acquiring talent out of the ...
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CDFI Fund Awards Cinnaire $10 Million in Capital Magnet Fund Grants to Support Affordable Housing
The U.S. Department of Treasury's CDFI Fund has awarded Cinnaire $10 million through the Capital Magnet Fund, a competitive grant program designed to support the creation and preservation of affordable housing. The CDFI Fund Fiscal Year 2021 awards total $336.4 ...
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Juneteenth: More Than Just a Day
On June 17, 2021, President Biden signed legislation making Juneteenth a federal holiday, the first national holiday to be established since Martin Luther King Day in 1983. Juneteenth commemorates the end of slavery in the United States. At Cinnaire, we ...
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Cinnaire NMTC Development Recognized with National Real Estate QLICI of the Year Award
Ivy Tech Automotive Technology Center One of Five Businesses Receiving 2022 Novogradac Journal of Tax Credits Award Cinnaire has announced its NMTC development, Ivy Tech Automotive Technology Center in Indianapolis, has been recognized with a prestigious 2022 Novogradac Journal of Tax Credits ...
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Cinnaire Cares – Gaylord Strong
Gaylord, a small community in Northern Michigan, was recently devastated by a tornado. The 150-MPH EF-3 storm wreaked havoc across the region, destroying businesses and neighborhoods, and displacing individuals and families. Following the storm, the Boys and Girls Club of ...
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Advancing Communities Podcast: Jumpstart Wilmington – Program Graduates Jumpstart Development in Wilmington
Cinnaire's Advancing Communities Podcast brings together our Chief Strategy Officer, Jim Peffley, with thought leaders, policy makers, and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a ...
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Cinnaire Partners with Property Bros & CDFI Friendly South Bend to Develop Affordable Homes for South Bend Families
Cinnaire's Keith Broadnax and Lucius Vassar recently joined Mayor James Mueller, City Council members, community leaders, Property Bros LLC and CDFI Friendly South Bend to announce $500,000 in financing to bring safe, high quality, and affordable homes to South Bend, ...
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Cinnaire Partners with Project Destined & Detroit Public Schools Community District to Launch Second NextGenNow Cohort
For the second consecutive year, Cinnaire is partnering with the Detroit Public Schools Community District (DPSCD) to offer a six-week paid internship program to 20 Detroit high school students through Project Destined, a social impact program empowering the next generation ...
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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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