Advancing Communities

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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Lease-Purchase Program Succeeds in Detroit

An innovative Lease Purchase Program, headed by Cinnaire in partnership with the City of Detroit, CHN Housing Partners, and other local partners, has enabled 73 families in Detroit to transition from renting to sustainable homeownership since the program’s inception in 2019. The Advancing Communities Through Homeownership initiative uses five steps to homeownership to assist low-income

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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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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 opening for the Marygrove Early Education Center in Detroit. In a first for Detroit’s children,

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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 the fund, which is Cinnaire’s largest multi-investor equity fund since 2016. “Cinnaire’s new team leading

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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 unique challenges. Cinnaire is pleased to announce Andy’s Place, in Jackson, MI, has received the

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Jumpstart Wilmington Completes First Four Development Training Sessions

Jumpstart graduates at table

More than 150 aspiring developers apply for training program benefiting Wilmington residents  Since the Jumpstart Wilmington program was first launched in October 2020, 39 emerging developers have completed the intensive four-week training program through five sessions. The purpose of Jumpstart Wilmington is to promote the growth of local developer capacity through training and development to support neighborhood

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