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, […]
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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
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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
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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
Cinnaire is pleased to announce that Josh Ghena has been named Interim President of Cinnaire Equity Partners. Josh succeeds Ryan Robinson, who will be retiring from his role as President on August 31, 2025 after an impactful career with Cinnaire. Over the past decade, Josh Ghena has been a driving force within our Equity business
According to the latest Michigan Future Business Index (MFBI) survey, conducted among 644 small to medium-sized businesses statewide (with 514 completing the survey), concerns over inflation and tariffs are on the rise, while optimism about the economy and business growth is fading. The once-upward trajectory in key performance indicators such as sales, profits, hiring, wages,
Cinnaire has named Katey Forth as Chief Operating Officer (COO), a strategic leadership appointment announced as the organization closed its largest Low-Income Housing Tax Credit (LIHTC) fund to date. The $340 million multi-investor fund will finance 33 developments across 11 states, creating 2,455 affordable housing units for more than 5,400 individuals and generating over $844
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Community leaders, partners, and residents gathered at 318 N Superior Avenue to celebrate the groundbreaking of Aurora Place, a transformative affordable housing development that will bring 40 newly constructed, energy-efficient cottage-style homes to Washburn, Wisconsin. This visionary project is a partnership between Cinnaire Solutions, the City of Washburn, and Bayfield County, and aims to address
Low-Income Housing Tax Credit Fund – Largest in Organization’s History – will provide affordable housing for 5,400 people across 11 states. Cinnaire announced the closing of a $340 million Low-Income Housing Tax Credit (LIHTC) multi-investor fund (Fund 43)—the largest investment fund in the organization’s 32-year history. Designed to create housing that provides people a safe,
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Historic St. Matthew School Revitalized into New Affordable Housing Community with Grand Opening of The Residences at St. Matthew Catholic Charities of Southeast Michigan (CCSEM), in partnership with Cinnaire Solutions, celebrated the grand opening of The Residences at St. Matthew on May 7. City leaders, community partners, and project stakeholders gathered to mark the
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Cinnaire is honored to be recognized as a Top Workplace USA 2025 by USA TODAY, receiving distinction in the Social Responsibility category for companies with 150 – 499 employees. This prestigious award highlights Cinnaire’s commitment to fostering a people-first workplace culture and creating a meaningful impact in its communities. The Top Workplaces USA award honors
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New $25.95 Million Residential Substance Use Disorder Treatment Facility in the Heart of Detroit Detroit, MI – March 17, 2025 – Project development partners Mariners Inn and Cinnaire Solutions celebrated the grand opening today of The Anchor at Mariners Inn, a 65,500-square-foot, state-of-the-art facility that includes residential treatment and housing programs designed to expand critical
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