Latest News

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 ...
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Arial view of a city

Cinnaire Comments on New Equitable Housing Plans for Fannie Mae and Freddie Mac

Recently, the Federal Housing Finance Agency (FHFA) announced that it would beĀ requiringĀ 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 ...
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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, ...
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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 2021Ā Affordable Housing Finance (AHF)Ā Young Leader. AHF's Young Leader Award was established in 2008 to celebrate and support the next generation ...
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Claymont Apt flooded after IDA

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 ...
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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,Ā providesĀ an update on the Build Back Better Plan, steps the Biden Administration is taking to increase affordable housing supply, the Charles Edson AwardsĀ and more in the latest issue of Policy Pulse.
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Announcement of Andy's Place Edson Award

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 NeedsĀ CategoryĀ  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 ...
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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 FamiliesĀ  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 ...
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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 ...
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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 toĀ communities that need it most. Today,Ā we're sharing the story of ...
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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 ...
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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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Student in kitchen of Mott's Culinary Arts Training Program

Cinnaire Announces $60 Million New Markets Tax Credit Award From U.S. Treasury CDFI Fund

Award Will Spur Projects Focused on Education and Job Creation in Disinvested Communities The US Department of Treasuryā€™s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $60 million New Markets Tax Credit (NMTC) Allocation. Since 2009, Cinnaire ...
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Cinnaire Named a 2021 Crain’s Detroit Business Cool Place to Work

Award Recognizes Michigan Companies Providing Unique Workplace Culture & Exceptional Benefits For the eighth consecutive year, Cinnaire has been named one of Crain's Detroit BusinessĀ Cool Places to Work inĀ Michigan.Ā With Michigan offices in Lansing, Detroit, and Grand Rapids, Cinnaire is ranked ...
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Cinnaire Announces $52 Million Mid-Atlantic Capital Fund Closing

Cinnaire announced today the closing of the organization's 2021 Mid-Atlantic Low Income Housing Tax Credit (LIHTC) Fund. The $52 million fund will bring more than 570 units of affordable housing to communities across Delaware, Maryland, New Jersey and Pennsylvania. Cinnaire ...
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Partner Profile – Dara Kraay Grady, Property Manager, Continental Management

Continental Management, a longtime partner of Cinnaire, believes in investing in people first and fostering a community where employees and residents can grow personally and professionally. Continental's on-site professionals provide daily service to residents and demonstrate the company's commitment to ...
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Cinnaire Cares Generates $23,406 to Support Mission-Driven Organizations

Companywide Charitable Giving Program Supports Diverse Nonprofit Organizations Across Cinnaire's FootprintĀ  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 live, ...
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Prosperity Indiana Leader Member Highlight Featuring Keith Broadnax

Keith Broadnax, Cinnaire Senior Vice President, Business Development, was recently featured in the Prosperity Indiana newsletter Leader Highlight. Prosperity Indiana is a statewide membership organization for the individuals and organizations strengthening Hoosier communities. Since its founding in 1986, Prosperity Indiana ...
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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.

Our Locations

Home Office - Lansing
1118 South Washington
Lansing MI, 48910

Indianapolis
320 North Meridian, Suite 516
Indianapolis IN, 46204

Wilmington
100 W. 10th Street, Suite 502
Wilmington, DE 19801

Chicago
225 West Washington, Suite 1350
Chicago, IL 60606

Madison
10 E. Doty Street, Suite 617
Madison, WI 53703

Grand Rapids
100 Cesar E. Chavez Ave., Suite 202
Grand Rapids, MI 49503

Detroit
2111 Woodward Avenue, Suite 600
Detroit, MI 48201

Milwaukee
231 E. Buffalo Street, Suite 302
Milwaukee, WI 53202

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