CDFI

Federal Home Loan Bank of Chicago Awards Cinnaire $5.3 Million in Affordable Housing Program Funds

The Federal Home Loan Bank of Chicago (FHLBank Chicago) is granting $29.2 million through its Affordable Housing Program (AHP) General Fund to help finance 49 housing projects located primarily in Illinois and Wisconsin. These funds will support the acquisition, rehabilitation, and new construction of over 2,315 housing units. Cinnaire received a $5.3 million award to …

Federal Home Loan Bank of Chicago Awards Cinnaire $5.3 Million in Affordable Housing Program Funds Read More »

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, …

Cinnaire & Partners Celebrate Grand Opening for State-of-the-art Marygrove Early Education Center in Detroit Read More »

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 …

Cinnaire Announces $175.7 Million Fund to Support Affordable Housing Read More »

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 …

Cinnaire’s Permanent Recovery Supportive Housing Initiative Receives Affordable Housing Finance Readers’ Choice Award Read More »

Cinnaire Awarded $1.8 Million to Support Economic Relief in Underserved Communities Affected by COVID

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 …

Cinnaire Awarded $1.8 Million to Support Economic Relief in Underserved Communities Affected by COVID Read More »

Cinnaire Welcomes Three New Board Members

New members will enhance board’s focus on creating healthy, vibrant communities and expanding economic opportunity for underserved people  Cinnaire has announced three new members have joined the organization’s Board of Directors. The new board members will provide strategic direction supporting continued growth around Cinnaire’s unwavering belief that all people deserve the opportunities to live in …

Cinnaire Welcomes Three New Board Members Read More »

Advancing Communities Podcast – The Power of Homeownership: CHN’s Kevin Nowak

Each month, Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer Jim Peffley with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a  range of topics, each supporting the belief that all people deserve the opportunities provided …

Advancing Communities Podcast – The Power of Homeownership: CHN’s Kevin Nowak Read More »

Cinnaire Honored as Detroit Free Press Top Workplace

Cinnaire was recently selected as a Detroit Free Press Top Workplace 2018. The companies recognized in the Detroit Free Press Top Workplaces program were selected from the results of an employee survey. The Detroit Free Press partnered with Energage, an employee research and culture technology firm to determine the 2018 Top Workplaces, presented by the Better Business Bureau. “We …

Cinnaire Honored as Detroit Free Press Top Workplace Read More »

Opportunity Investment Consortium of Indiana Launches to Support Projects in Newly-Named Opportunity Zones

Today, the Opportunity Investment Consortium of Indiana officially launched in efforts to intentionally champion the transformation of Opportunity Zone neighborhoods into vibrant places for residents and businesses.  The Consortium has just released an online portal to aid in matching projects in need of funding in these specified census tracts to potential investors. This morning in Indianapolis, more than 100 community …

Opportunity Investment Consortium of Indiana Launches to Support Projects in Newly-Named Opportunity Zones Read More »

Saint Francis & Trinity Health Investing $1 Million in Cinnaire’s Wilmington Healthy Neighborhood Fund

Saint Francis Healthcare and its parent organization, Trinity Health, are joining Cinnaire to launch the Wilmington Healthy Neighborhood Fund. A comprehensive, community-driven revitalization effort, the Wilmington Healthy Neighborhood Fund will address the social determinants of health, including safe and affordable housing, in the City of Wilmington. The one-million-dollar Trinity Health/Saint Francis loan will be used …

Saint Francis & Trinity Health Investing $1 Million in Cinnaire’s Wilmington Healthy Neighborhood Fund Read More »

Advancing Communities Podcast Episode 2

Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer Jim Peffley with thought leaders,  policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by living …

Advancing Communities Podcast Episode 2 Read More »

Scroll to Top