Capital Magnet Fund

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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Cinnaire Awarded $4.15 Million Capital Magnet Fund Grants from the CDFI Fund

Award Provides Financing to Support Affordable Housing for Low- and Very-Low Income Communities Cinnaire was recently awarded $4.15 million in grants from the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Capital Magnet Fund. The grants will be used to support affordable housing and community development throughout Cinnaire’s footprint. The Capital Magnet Fund helps

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