Latest News
8th Annual Haven House Pancake Palooza
Cinnaire CEO Mark McDaniel Serves Up Pancakes to Support Homeless Families The 8th annual Haven House Pancake Palooza will be held virtually via zoom on February 12th at 9:00 a.m. Cinnaire CEO Mark McDaniel will join his fellow star servers ...
Read More Cinnaire Joins Michigan Economic Development Corporation to Present Results for Q4 2021 Michigan Future Business Index Survey
In a recent statewide survey of 609 small to medium sized businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated while businesses are seeing a rebound in sales and profits compared to the June survey, talent shortages, ...
Read More Cinnaire & Partners Celebrate Grand Openings in Northern Michigan
Marquette Housing Commission Revitalizes 265 Affordable Apartments Cinnaire recently joined the Marquette Housing Commission, the Michigan State Housing Development Authority (MSHDA), Range Bank, Huntington Bank, First Contracting, Inc., and MCSA Group Inc. to celebrate the grand opening for Pine Ridge ...
Read More Meeting the Urgent Need for Safe and Affordable Housing for Our Heroes
Far too many veterans in the United States struggle to find an affordable place to call home. More than 37,000 veterans are homeless. At Cinnaire, we are committed to creating safe, affordable places to call home for all who have ...
Read More Cinnaire Appoints Senior Vice President, Equity Business Funding & Senior Vice President of Asset Management
Cinnaire has announced the promotion of Josh Ghena to Senior Vice President, Equity Business Funding. Mike Witt has been promoted to Senior Vice President of Asset Management. In these leadership positions, Josh and Mike will play a key role in ...
Read More Jumpstart Wilmington Receives Grants Supporting Loan Program
Cinnaire launched Jumpstart Wilmington to help Wilmington residents and people committed to revitalizing Wilmington to become developers of their own neighborhoods through quality, community-focused real estate development training and finance options. The Jumpstart Wilmington Loan Program provides financing for the ...
Read More MRI Analytix: Business Intelligence
"Working with MRI has been a great experience. We're at the leading edge of real estate technology because of our work with MRI, and it's had a meaningful impact on our business." - Josh Ghena, Cinnaire Senior Vice President, Equity ...
Read More Cinnaire Comments on New Equitable Housing Plans for Fannie Mae and Freddie Mac
Recently, the Federal Housing Finance Agency (FHFA) announced that it would be requiring Fannie Mae and Freddie Mac to prepare Equitable Housing Finance Plans to advance equity in housing finance.In September, the FHFA issued a Request for Input on these plans, including ...
Read More Federal Home Loan Bank of Chicago Awards Cinnaire $5.3 Million in Affordable Housing Program Funds
The Federal Home Loan Bank of Chicago (FHLBank Chicago) is granting $29.2 million through its Affordable Housing Program (AHP) General Fund to help finance 49 housing projects located primarily in Illinois and Wisconsin. These funds will support the acquisition, rehabilitation, ...
Read More Luan Nguyen Named Affordable Housing Finance Young Leader
Award Recognizes Rising Stars in the Affordable Housing Industry Luan Nguyen, Asset Stabilization Expert at Cinnaire, has been named a 2021Â Affordable Housing Finance (AHF)Â Young Leader. AHF's Young Leader Award was established in 2008 to celebrate and support the next generation ...
Read More Residents Still Reeling from Hurricane Ida: A Rallying Cry for Affordable Housing
Wilmington DE Families Struggle to Find Homes In early September, the remnants of Hurricane Ida, a deadly and destructive Category 4 Atlantic hurricane, wreaked havoc on 10 city blocks in Wilmington, DE. The storm caused the Brandywine Creek to flood ...
Read More Cinnaire’s Policy Pulse: Build Back Better Agenda & What it Means for Affordable Housing
Chris Neary, Cinnaire's Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better Plan, steps the Biden Administration is taking to increase affordable housing supply, the Charles Edson Awards and more in the latest issue of Policy Pulse.
Read More Andy’s Place Receives Charles L. Edson Tax Credit Excellence Award
Nation's First Permanent Recovery Supportive Housing Development Recognized as Outstanding Development in the Special Needs Category Andy's Place in Jackson, MI, has received the Charles L. Edson Tax Credit Excellence Award in the Special Needs Category. The Edson awards recognize outstanding ...
Read More Cinnaire & Partners Celebrate Grand Opening for State-of-the-art Marygrove Early Education Center in Detroit
Marygrove Early Childhood Education Center Provides Transformative Cradle-to-Career Educational Opportunities for Detroit Families Cinnaire recently joined our partners from Starfish Family Services, the Kresge Foundation, IFF, Capital Impact Partners, Northern Trust and MBS Urban Initiatives to virtually celebrate the grand ...
Read More Sherita Smith Joins Cinnaire Detroit as Vice President, Community Development
Sherita Smith has been appointed Vice President, Community Development, at Cinnaire. In this position, Sherita will be taking the helm implementing Cinnaire's targeted investment strategy for Detroit, establishing and maintaining relationships with local partners and funders to advance Cinnaire's Priority ...
Read More NMTC Brings Investment to Low-Income Communities – Let’s Make this Tool Permanent
Chris Neary Vice President, Policy, Research & Advocacy The New Markets Tax Credit (NMTC) has proven to be a successful public-private partnership with broad bipartisan support to bring impactful investments to communities that need it most. Today, we're sharing the story of ...
Read More Cinnaire Announces $175.7 Million Fund to Support Affordable Housing
Cinnaire has announced the closing of a $175.7 million Low Income Housing Tax Credit (LIHTC) fund that will finance the development or preservation of more than 1,648 affordable homes and 2,441 bedrooms in 5 states. Nine investors are participating in ...
Read More Cinnaire’s Permanent Recovery Supportive Housing Initiative Receives Affordable Housing Finance Readers’ Choice Award
The Affordable Housing Finance annual Readers' Choice Awards honor and recognize outstanding affordable housing developments in ten categories. Projects are selected based on impact on a community, role in overall revitalization or social change, offering outstanding social services and addressing ...
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Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
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