Latest News
Cinnaire Closes $86.3 Million Fund to Support Much Needed Affordable Housing in MidAtlantic Region
Largest MidAtlantic Fund in Cinnaire's History Will Bring 691 Homes in Three States Cinnaire has announced the closing of the largest MidAtlantic Low Income Housing Tax Credit (LIHTC) Fund in the organization's history. The $86.3 million fund will bring more ...
Read More Cinnaire Closes $211 Million Affordable Housing Fund
Largest Fund in Cinnaire's History Targets Support of 1,900 Affordable Homes Cinnaire announced the closing of a $211 million Low Income Housing Tax Credit (LIHTC) Equity Fund with capital raised from fifteen institutional investors. The fund is the largest single ...
Read More Cinnaire Cares Generates $35,000 to Support Mission-Driven Organizations
Companywide Charitable Giving Program Supports Diverse Organizations and Missions Across Cinnaire's Footprint Cinnaire Cares, our companywide staff-funded charitable giving program, was developed by our employees through the Staff Engagement Committee to support our mission-driven partners in the communities where we ...
Read More Cinnaire Granted Five Affordable Housing Program (AHP) Awards totaling $3.2 Million by the Federal Home Loan Bank of Chicago
Cinnaire announced today the award of $3,225,000 Affordable Housing Program (AHP) grants from the Federal Home Loan Bank of Chicago (FHLBank Chicago). The award will support five affordable housing developments with a total of 238 housing units. The AHP grants will ...
Read More Cinnaire Awarded $55 Million New Markets Tax Credit Allocation from CDFI Fund
Award Will Support Education, Vocational Training and Job Opportunities in Areas of Disinvestment The U.S. Department of Treasury's Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $55 million New Markets Tax Credit (NMTC) Allocation. The NMTC award ...
Read More SWCAP, Cinnaire & Partners Celebrate Grand Opening for The Meadows in Darlington, WI
Cinnaire Solutions & SWCAP Partner to Develop New Affordable Housing Community for Farmworkers Cinnaire recently joined our partners at Southwestern Wisconsin Community Action Program (SWCAP) and Wisconsin Management Company to celebrate the grand opening for The Meadows, a 32-unit new construction ...
Read More WSFS Cares Foundation Awards Cinnaire $150,000 to Support DE Catalyst Fund
DE Catalyst Fund Will Create Affordable Homeownership Opportunities Across Delaware The WSFS Cares Foundation, the charitable giving arm of WSFS Bank, announced Cinnaire will receive a $150,000 grant to support the DE Catalyst Fund, a partnership between Cinnaire and the Delaware ...
Read More Cinnaire Solutions Launches My New Wilmington Home
New Program Guides Wilmington Residents to Homeownership Cinnaire Solutions has partnered with Stand By Me Delaware to help Wilmington, DE, residents achieve the dream of homeownership. The program offers free, private, one-on-one financial coaching from trained professionals who help potential ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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, ...
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 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 ...
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 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 ...
Read More 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 ...
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-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 ...
Read More Media Inquiries
Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
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