Advancing Communities

CDFI Fund Awards Cinnaire $7.5M in Capital Magnet Fund Grant 

Funding to Drive Affordable Housing Development in Disinvested Communities  Cinnaire has been awarded a $7.5 million grant from the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund through the highly competitive Capital Magnet Fund (CMF) program. This year, the CDFI Fund awarded a total of $246 million to 48 organizations nationwide from among 136 applicants.   […]

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Advancing Communities Podcast: Asset Management With A&M – Understanding NMTC

Podcast cover slide showing moderators April and Miranda and guest speakers Peter and Max

Episode 5: Understanding New Market Tax Credits with Peter Giles and Max Novak  Join us for a special episode of Cinnaire’s Advancing Communities Podcast, featuring the asset management series AM With A&M. Hosted by asset management experts April Priebe and Miranda Bialk, this series dives into strategies, insights, and resources for professionals working in the

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Cinnaire Holds Groundbreaking for The Collective on Fourth In La Crosse

Exterior of The Collective on 4th Apartment complex

Cinnaire Solutions and Northernstar Companies Development to Provide 62 Units of Mixed-Income Housing  On May 8, 2024, Cinnaire Solutions and the Northernstar Companies broke ground on a $16 million new construction multi-family housing development in La Crosse, WI. The Collective on 4th will offer 62 mixed-income residences in partnership with the City of La Crosse, reactivating a

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Climate United Awarded $6.97B Grant from National Clean Investment Fund 

Affordable housing building with solar panels on roof and solar flowers in lawn

$2.5B to Support Greener Multi-Family Projects Through Cinnaire Partner Community Preservation Corporation   Cinnaire is thrilled to share the news that Climate United has been selected to receive nearly $7 billion of funding from the EPA’s Greenhouse Gas Reduction Fund (GGRF). Climate United is a CDFI coalition comprised of Community Preservation Corporation (CPC), Calvert Foundation and

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Advancing Communities Podcast: Asset Management With A&M – The Developer’s Perspective

Graphic for Podcast episode 3 of AM with A&M

Cinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bring together thought leaders, policy makers, and others to discuss issues, share strategies and provide resources to professionals working in the field of asset management (AM). In this month’s podcast, April

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Cinnaire Announces Key Leadership Promotions

Headshots of J. Everhart, D. Strong Hill and R Robinson

Jennifer Everhart Named Chief Impact Officer; Donsia Strong Hill Named Executive Vice President of Equitable Engagement & Impact Strategies; and Ryan Robinson, President, Cinnaire Syndication Cinnaire announced the promotion of several team members to key new leadership positions in alignment with the organization’s long term strategic plan. These new executive level positions will support Cinnaire’s

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Cinnaire Receives $5 Million FHLBank Chicago Award to Support Affordable Housing in Illinois, Wisconsin

An award totaling $5 million will allow Cinnaire to support -five affordable housing projects in the Midwest including the acquisition, rehabilitation and construction of 269 units. The developments will be across Illinois and Wisconsin, with an emphasis on housing people with disabilities, people experiencing homelessness and senior citizens.  The Affordable Housing Program (AHP) grants come

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Residents spearhead community hub project focused on health equity in SE Grand Rapids

When the people have a voice in building and bettering their community, everybody wins. That is exactly what is going on in west Michigan as Cinnaire’s New Markets Tax Credit (NMTC) team recently closed on a multipurpose community hub project led and shaped by more than 250 engaged neighbors and stakeholders. The Boston Square Community

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Advancing Communities Podcast: Just Action Book Discussion with Author Richard Rothstein

Cinnaire’s Advancing Communities Podcast features Cinnaire team members having conversations with thought leaders, policy makers and others who are making a difference in the community development industry. In this episode, Chris Neary, Cinnaire SVP Policy and Advocacy, sits down with Richard Rothstein, the author of two important books — The Color of Law: A Forgotten History

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Cinnaire Awarded $60 Million in New Markets Tax Credits from U.S Treasury Department

Award Will Spur Projects that Support Education, Vocational Training and Job Opportunities in Disinvested Communities  Cinnaire has been awarded a $60 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund). These tax credits incentivize private sector investors to partner in community financing efforts. Cinnaire

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Cinnaire Welcomes Three New Board Members

Cinnaire has announced the appointment of three new Board members. The new members join the organization’s Board of Directors to provide strategic direction supporting continued growth around Cinnaire’s commitment to investing in people and places to transform communities. “Sarida, Fred and Amandula have each demonstrated a remarkable commitment to our mission and industry,” said Mark

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