Cinnaire Lending Corporation

$5.9 Million AHP Award Will Support Affordable Housing Developments in WI

Cinnaire staff and partners in hardhats shoveling dirt at groundbreaking

The Federal Home Loan Bank of Chicago (FHLBank Chicago) has awarded $5.9 million in Affordable Housing Program (AHP) General Fund subsidies to Cinnaire Lending to support the development of 137 affordable housing units across Wisconsin. These grants will help finance the acquisition and new construction of three projects in Manitowoc, Hudson, and Somerset—each designed to […]

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Fifth Third Bank Loan Opens Doors for Cinnaire’s Community Development Work in IL, MI

Cinnaire Lending Corporation (CLC), a certified Community Development Financial Institution has been awarded a $5 million Equity Equivalent investment, or EQ2, from Fifth Third Bank. Cinnaire Lending will leverage Fifth Third’s $5 million commitment to provide financing to developers for the rehabilitation and construction of affordable for-sale homes, multifamily housing and community facilities in Illinois

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