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 […]
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
Cinnaire Awarded $60 Million in New Markets Tax Credits from U.S Treasury Department Read More »
Chris Neary, Cinnaire’s Senior Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better plan, an omnibus signed into law and potential reform to the CRA in the latest issue of Policy Pulse. Click here to see the March 2022 edition of Cinnaire’s Policy Pulse https://conta.cc/3IFJJJQ
Cinnaire’s Policy Pulse – March 2022 Read More »
Award Will Spur Projects Focused on Education and Job Creation in Disinvested Communities The US Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $60 million New Markets Tax Credit (NMTC) Allocation. Since 2009, Cinnaire is an eight-time NMTC recipient with awards totaling more than $419 million. Cinnaire manages an
U.S. Department of Treasury’s CDFI Fund Announced the Awards with Vice President Harris, Treasury Secretary Janet Yellen, Senator Mark Warren and Representative Waters The U.S. Department of Treasury has awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs) through the departments CDFI Rapid Response Program (CDFI RRP). The grants will be
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
Cinnaire Awarded $4.15 Million Capital Magnet Fund Grants from the CDFI Fund Read More »
Award Will Revitalize Low-Income Communities and Spur Economic Development Cinnaire recently received a $65 million New Markets Tax Credit (NMTC) award from the U.S. Department of Treasury’s CDFI Fund. Cinnaire was one of 73 organizations selected from a pool of 230 applicants to receive an award. Cinnaire received one of the largest national awards and the
Cinnaire Receives New Markets Tax Credit Award from CDFI Fund Read More »
 Cinnaire (Cinnaire) and subsidiary, CapFund New Markets, LLC are proud to announce their New Markets Tax Credit award of $35 million from the US Department of Treasury and the CDFI Fund. To date, CapFund New Markets, LLC has invested over $74 million in developments that revitalize neighborhoods and are directly responsive to the needs of
