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Cinnaire Named One of the Coolest Places to Work in Michigan for 9th Consecutive Year
Crain's DetroitĀ Business Cool Places to Work Program Recognizes Companies with Excellent Workplace Culture, Leadership and Benefits Cinnaire has been named one of Crain's Detroit BusinessĀ Cool Places to Work in Michigan for the 9th consecutive year. With Michigan offices in Lansing, ...
Read More 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 onĀ 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 ...
Read More 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 SocialĀ Responsibility Lens to Mortgage Lending With Focus on Affordable, Workforce HousingĀ Today, Cinnaire, The Community Preservation Corporation (CPC) and National Equity Fund (NEF) announced a joint partnership in CPC Mortgage Company, a national mortgage ...
Read More Two Cinnaire Projects Named Affordable Housing Finance Readers’ Choice Finalists
Two of Cinnaire's investments have been selected as finalists for the 2022Ā Affordable Housing FinanceĀ (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 ...
Read More 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-CareerĀ Educational Opportunities for Detroit FamiliesĀ 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More Cinnaire NMTC Development Recognized with National Real Estate QLICI of the Year Award
Ivy Tech Automotive Technology Center One of Five BusinessesĀ 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 2022Ā Novogradac Journal of Tax Credits ...
Read More 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 ...
Read More Advancing Communities Podcast: Jumpstart Wilmington – Program Graduates Jumpstart Development in Wilmington
Cinnaire'sĀ 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 ...
Read More 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, ...
Read More 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 ...
Read More Cinnaireās 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 nationās largest provider of dental benefits, ...
Read More 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, ...
Read More Cinnaire Recognized as Best Nonprofit to Work For by the Nonprofit Times
Cinnaire has been recognized as one of the 2022Ā 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 ...
Read More 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.Ā Click ...
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Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
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