Latest News
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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Cinnaire’s Resident Rental Relief Fund Provides Support to 450 Families
In January 2021, Cinnaire established the COVID-19 Resident Rental Relief Fund to provide support to renters throughout our footprint suffering from financial hardship due to the pandemic. Cinnaire contributed $250,000 and Delta Dental, the nation’s largest provider of dental benefits, ...
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Cinnaire Closes $145 Million in Committed Capital for Development of Affordable Housing in Five States
Cinnaire has announced the closing of a $145 million Low Income Housing Tax Credit (LIHTC) equity fund that will finance the development or preservation of more than 1,600 affordable homes in five states. Nineteen investors, many of them repeat investors, ...
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Cinnaire Recognized as Best Nonprofit to Work For by the Nonprofit Times
Cinnaire has been recognized as one of the 2022 Best Nonprofits to Work For by the Nonprofit Times, the leading business publication for Nonprofit Management. This is the eighth time Cinnaire has been honored as one of the nation's best nonprofit ...
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Cinnaire’s Policy Pulse – March 2022
Chris Neary, Cinnaire's Senior Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better plan, an omnibus signed into law and potential reform to the CRA in the latest issue of Policy Pulse. Click ...
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Advancing Communities Podcast: Jumpstart Wilmington Training Program Provides Aspiring Developers Skills & Resources to Build Wealth & Revitalize Neighborhoods
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 Solutions Featured in Affordable Housing News
A nonprofit partner for its development clients, Cinnaire Solutions has evolved from humble beginnings into a capable, effective agent throughout its footprint in the Midwest and Mid-Atlantic. Cinnaire Solutions was featured in the Winter 2021 edition of Affordable Housing News, ...
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Cinnaire Names Deborah Toby Chief Human Resources Officer & Chief Diversity Officer
Cinnaire has announced the appointment of Deborah Toby to Chief Human Resources Officer and Chief Diversity Officer for the organization. Deborah brings more than 25 years of experience to the role, serving most recently as Executive Vice President, Human Resources, ...
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Cinnaire Joins Partners to Celebrate Grand Opening for Broadway Lofts in Mt. Pleasant, MI
Yesterday Cinnaire joined Michigan Community Capital, the City of Mt. Pleasant, community leaders, and project partners to celebrate the grand opening for Broadway Lofts, a new mixed-use, four-story building. The project marks the largest development in downtown Mt. Pleasant in ...
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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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Lansing MI, 48910
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Indianapolis IN, 46204
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Detroit, MI 48201
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Milwaukee, WI 53202
