Detroit

Cinnaire Appoints Senior Vice President, Detroit Market Leader

Lucius Vassar to Lead Cinnaire’s Targeted Detroit Investment Strategy Cinnaire recently announced Lucius Vassar has been appointed Senior Vice President, Detroit Market Leader. As the Senior Vice President, Detroit Market Leader, Lucius will lead Cinnaire’s Priority City Initiative in Detroit. As part of the Priority City Initiative, Cinnaire will continue to dedicate resources to support […]

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Cinnaire Awarded $4.15 Million Capital Magnet Fund Grants from the CDFI Fund

Award Provides Financing to Support Affordable Housing for Low- and Very-Low Income Communities Cinnaire was recently awarded $4.15 million in grants from the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Capital Magnet Fund. The grants will be used to support affordable housing and community development throughout Cinnaire’s footprint. The Capital Magnet Fund helps

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Cinnaire and CHN Form Detroit Partnership

Partnership will work to bolster Detroit’s lease purchase program Cinnaire and CHN Housing Partners recently announced they have entered into a partnership to bolster the performance of our lease purchase developments in the City of Detroit. The partnership leverages CHN’s nationally recognized expertise in creating a successful lease purchase model to assist with nearly 200

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Detroit’s M-1 RAIL Ride to Completion Officially Begins

GROUNDBREAKING CEREMONY CELEBRATES UNPRECEDENTED PUBLIC TRANSIT SYSTEM IN DETROIT This September, business leaders, foundations, government officials and Detroit residents celebrated the groundbreaking for the M-1 RAIL Streetcar project. An unprecedented public-private partnership and model for regional collaboration, the M-1 RAIL Streetcar project is the first major transit project led and funded by private businesses and

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