Low-Income Housing Tax Credit Fund Will Support 2,185 People in communities facing housing challenges. Cinnaire announced the successful closing of a $134 million Low-Income Housing Tax Credit (LIHTC) fund, Cinnaire Fund for Housing 44. The fund will finance 12 affordable housing developments across five states, creating or preserving 950 homes for families, seniors, and individuals […]
Michigan’s small and mid-sized businesses are facing mounting economic pressure as sales, hiring, and capital investment fall to record or near-record lows, according to the Q4 2025 Michigan Future Business Index (MFBI), released by Cinnaire in partnership with the Michigan Business Network. The statewide survey of 500 small and mid-sized businesses finds that inflation, rising
Michigan Small Businesses at a Crossroads as Sales, Investment Reach Record Lows Read More »
Cinnaire announced the appointment of Josh Ghena as President of Cinnaire Equity Partners (CEP), effective immediately. Ghena has served as Interim President since June 1, 2025, and became the sole leader of CEP on August 31, 2025, following the retirement of Ryan Robinson. As Interim President and previously SVP, Equity Management, Ghena has spearheaded CEP’s
Josh Ghena Appointed President of Cinnaire Equity Partners Read More »
Permanent NMTC Program Continues to Strengthen Education, Workforce, and Economic Opportunity in Underinvested Communities Cinnaire has been awarded an $85 million New Markets Tax Credit (NMTC) allocation in the historic combined calendar year 2024–2025 round administered by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). This year’s round represents a record-breaking $10 billion in
Cinnaire Awarded $85M in NMTC in Record-Breaking 2024–2025 Round Read More »
This edition of Policy Pulse provides updates on the government shutdown, affordable housing/community development funding, Continuum of Care funding and housing reforms under consideration. Click here to see Cinnaire’s December 2025 Policy Pulse enewsletter – https://conta.cc/3VfIMkj
Policy Pulse – December 2025 Read More »
Cinnaire has been named a 2025 Detroit Free Press Top Workplace, an honor based entirely on feedback from our employees. The award recognizes organizations that foster a culture where people feel supported, connected, and aligned with their mission – values that remain central to Cinnaire’s work. The Detroit Free Press partners with Energage to identify
Cinnaire Earns 2025 Top Workplace Award from the Detroit Free Press Read More »
In November, the Minnesota Indian Women’s Resource Center (MIWRC) celebrated the grand opening of Oshki-Gakeyaa (“Oh-sh-key-Gah-key-yah”), meaning “New Way.” The ribbon-cutting brought together community leaders, partners, and residents to mark completion of a new 24-home permanent supportive housing community in the East Phillips and Ventura Village neighborhoods of Minneapolis — a significant achievement in strengthening
Oshki-Gakeyaa Brings 24-Home Permanent Homes to Native Individuals and Families In MN Read More »
The City of Detroit joined partners MHT Housing, Inc., Kirsten’s Touch, Inc. lead by Bishop Charles H. Ellis III, and Cinnaire to break ground on four new buildings that will bring 211 units of new affordable and permanent supportive housing to long-vacant land next to the historic Brewster Wheeler Recreation Center. Of the total units,
Bringing 211 New Units of Affordable & Permanent Supportive Housing to Brush Park MI Read More »
Transforming a Historic Midland Site into a Vibrant New Community Cinnaire is proud to partner with River Caddis Communities (RCC) and the Capital Area Housing Partnership (CAHP) to finance The Dean – Apartments at Eastlawn (“The Dean”), a $59 million affordable and workforce housing development that will transform the former Eastlawn School site in Midland,
Cinnaire Invests in The Dean Apartments at Eastlawn Read More »
Wellspring Apartments Breaks Ground in Southfield, Michigan 72-unit affordable housing community to provide permanent supportive housing for individuals and families in recovery. Community leaders, housing advocates, and public officials gathered in October to celebrate the groundbreaking of Wellspring Apartments, a new 72-unit affordable housing development in Southfield, Michigan, designed to serve individuals and families in
Wellspring Apartments Breaks Ground in Southfield, Michigan Read More »
This edition of Policy Pulse provides updates on federal appropriations, CDFI Fund award delays, Federal housing policy reforms, State policies and Cinnaire Advocacy in Action. Click here to see Cinnaire’s September 2025 Policy Pulse enewsletter – https://conta.cc/3VfIMkj
Policy Pulse – September 2025 Read More »
Cinnaire has announced the closing of a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with their partners CPC Mortgage Company to support the preservation and rehabilitation of Countryside Townhouses, a 146-unit affordable housing community in Kentwood, Michigan. The financing package also included a nearly $3 million equity