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 […]
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 »
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 »
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,
Cinnaire Raises $340 Million for Affordable Housing Development and Preservation Read More »
Cinnaire Solutions and the Grandmont Rosedale Development Corporation (GRDC) celebrated the grand opening of one affordable housing development, and broke ground on a second development in Northwest Detroit. The joint event celebrated the grand opening of The Residence at West Outer Drive, and the groundbreaking of Minock Park Place, to show and celebrate increasing investments
Cinnaire Solutions Celebrates Two Affordable Housing Projects in Detroit Read More »
Redevelopment Project in Detroit’s Eight-Mile-Wyoming Neighborhood to Revitalize Historic School, Creating 100 Units of Affordable Housing On November 19, 2024, officials and community members gathered to break ground for the Higginbotham Art Residences, a transformative project that will convert the historic William E. Higginbotham School into 100 units of affordable housing. Located in Detroit’s Eight-Mile-Wyoming neighborhood, the
Casa Del Rey Apartments to Bring 50 Affordable Homes to Pontiac Coleman Allen LLC, alongside local officials and community partners, officially broke ground on Casa Del Rey Apartments, marking the beginning of a $15.5 million transformation of a century-old Moorish-style building at 111 Oneida Street in Pontiac’s historic Seminole Hills district. The development will create
Developers Break Ground on Vacant Century-old Pontiac Apartment Redevelopment Read More »
This edition of Policy Pulse provides an overview of the state and federal landscape in advance of the 2024 election, the ramifications of potential legislation, the presidential candidates’ housing plans, and how shifts in party control may impact affordable housing and policy legislation throughout Cinnaire’s footprint. Click here to see Cinnaire’s October 2024 Policy Pulse
Policy Pulse – Election Preview Edition Read More »
Episode 5: Understanding New Market Tax Credits with Peter Giles and Max Novak Join us for a special episode of Cinnaire’s Advancing Communities Podcast, featuring the asset management series AM With A&M. Hosted by asset management experts April Priebe and Miranda Bialk, this series dives into strategies, insights, and resources for professionals working in the
Advancing Communities Podcast: Asset Management With A&M – Understanding NMTC Read More »
Cinnaire has announced the closing of the $55 million Ubuntu Fund, an equitable access fund developed to support affordable housing development with underinvested developers in the Midwest region. The creation of this fund was made possible through the investments of leading financial institutions – JPMorgan Chase, PNC Bank, KeyBank, and Fifth Third Bank. The fund
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
Fifth Third Bank Loan Opens Doors for Cinnaire’s Community Development Work in IL, MI Read More »
When the people have a voice in building and bettering their community, everybody wins. That is exactly what is going on in west Michigan as Cinnaire’s New Markets Tax Credit (NMTC) team recently closed on a multipurpose community hub project led and shaped by more than 250 engaged neighbors and stakeholders. The Boston Square Community
Residents spearhead community hub project focused on health equity in SE Grand Rapids Read More »