Affordable Housing

Mark McDaniel Named Haven House Pancake Palooza Champion

Celebrity Servers Raise $43,000 to Help Homeless Families Mark McDaniel recently joined Sister Pat Newhouse, Jim Patterson and Matt Anderson for the annual Haven House Pancake Palooza Championship.  Haven House provides emergency housing and support services for families with children. The shelter helps families who are homeless prepare for permanent housing by developing and promoting self-sufficiency, […]

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Cinnaire Celebrates Grand Opening for New Parkridge

Landmark Affordable Housing Development Brings New Homes, Hope and Opportunity to Residents  Cinnaire recently joined community leaders, residents and development partners to celebrate the grand opening for New Parkridge in Ypsilanti, Michigan. The new affordable housing community features 86 quality apartments and townhouses with on-site support services for individuals and families. Cinnaire, through a strategic partnership

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Cinnaire Featured in Tax Credit Advisor

Cinnaire was recently featured in an issue of Tax Credit Advisor. A leading industry magazine, Tax Credit Advisor provides comprehensive coverage on all aspects of the development and financing of affordable rental housing, historic preservation, and economic development projects using federal and state tax credits and other resources. Click here to read Untraditional Lending – CDFIs make tax

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Cinnaire President & CEO Receives Prestigious Honor from the Greater Lansing Martin Luther King, Jr. Commission

The Mark McDaniel Legacy Scholarship Will Provide Lansing Area Youth with Opportunities to Achieve Higher Education  The Greater Lansing Area Martin Luther King, Jr. Commission is a non-profit dedicated to preserving the legacy and teachings of Dr. King, supporting community agencies, and empowering youth to achieve educational goals. The Commission recently awarded Mark McDaniel, Cinnaire

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Cinnaire and CHN Form Detroit Partnership

Partnership will work to bolster Detroit’s lease purchase program Cinnaire and CHN Housing Partners recently announced they have entered into a partnership to bolster the performance of our lease purchase developments in the City of Detroit. The partnership leverages CHN’s nationally recognized expertise in creating a successful lease purchase model to assist with nearly 200

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Dionna Sargent Appointed Community Development Market Leader

Dionna Sargent has been appointed Community Development Market Leader. As the Community Development Market Leader, she will lead Cinnaire’s Priority City Initiative in Wilmington, Delaware, focusing on identifying resources and opportunities to further comprehensive community development objectives in the city. In this new position, Dionna will be responsible for developing, establishing and maintaining relationships with

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Michigan Banks Generate $13 Million for the Development of Affordable Housing

Cinnaire and Michigan Bankers Association established an equity fund for low-income seniors, families and residents with disabilities Cinnaire (Cinnaire) and Michigan Bankers Association Service Corporation (MBASC) recently closed its third equity fund, bringing $13 million to support the development and rehabilitation of 11 different apartment communities across the state, providing 774 units of quality, safe

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Great Lakes Capital Fund Closes $138.5 Million Affordable Housing Fund

Fund 29 Delivers Essential Equity to 23 Projects in Five States Cinnaire (Cinnaire) is pleased to announce the closing of its most recent fund, Cinnaire for Housing Limited Partnership 29, or Fund 29, with $138.5 million raised to support affordable housing across the Midwest. Thirteen investors contributed to Fund 29, comprised of 12 banks and

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Ten Years a Family: Hope Woods Senior Community Living Celebrates Ten Year Anniversary

Hope Woods Senior Apartments is anything but old and tired after ten years of operation. The lively residents in Kalamazoo, Michigan threw themselves a ten year anniversary party this September to celebrate all of the things that make Hope Woods the perfect place to call home. If you want to see what a real “community”

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NH&RA Announces Oconomowoc School Apartments as Prestigious 2014 “Timmy” Historic Rehabilitation Award Finalist

NH&RA Announces Winners and Finalists for 2014 Historic Rehabilitation Awards Cotton Buildings, Vinegar Warehouse and Vacant Hotel Preserved for New Uses A group of former cotton press buildings redeveloped into housing and retail, a distressed Art Deco hotel preserved as permanent supportive housing, and a vinegar warehouse converted to an art gallery are among the innovative projects chosen

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Hamilton Crossing Phase 1 to Receive Charles L. Edson Tax Credit Excellence Award

Cinnaire is pleased to announce that next week development partners will accept the prestigious  Charles L. Edson Tax Credit Excellence Award at the Affordable Tax Credit Coalition’s Annual Meeting in Washington D.C. Presented to the most outstanding Low Income Housing Tax Credit (Housing Credit) properties in seven categories, this national awards program celebrates the best in

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