Economic Development

Homeownership and Development Policies to Reverse the Legacy of Discrimination and Disinvestment in Wilmington

Rowhouses in Wilmington

In the City of Wilmington, the challenges posed by systemic racism are nothing new. Wilmington’s neighborhoods have been particularly harmed by the legacy of racist policies that have fueled segregation and a vicious cycle of disinvestment, leading to the devaluation of assets and a large number of vacant properties that contribute to crime and instability […]

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Opportunity Investment Consortium of Indiana Launches to Support Projects in Newly-Named Opportunity Zones

Today, the Opportunity Investment Consortium of Indiana officially launched in efforts to intentionally champion the transformation of Opportunity Zone neighborhoods into vibrant places for residents and businesses.  The Consortium has just released an online portal to aid in matching projects in need of funding in these specified census tracts to potential investors. This morning in Indianapolis, more than 100 community

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Cinnaire Receives New Markets Tax Credit Award from CDFI Fund

Award Will Revitalize Low-Income Communities and Spur Economic Development Cinnaire recently received a $65 million New Markets Tax Credit (NMTC) award from the U.S. Department of Treasury’s CDFI Fund. Cinnaire was one of 73 organizations selected from a pool of 230 applicants to receive an award. Cinnaire received one of the largest national awards and the

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GLCF Magazine, Avenues to Affordability, Explores Develop Michigan, Inc. (DMI)

Cinnaire is proud to release Issue 2 of Avenues to Affordability, our quarterly publication covering the latest topics and trends in the community development space. This quarters’ news centers around Develop Michigan Inc., or DMI, a non-profit, development finance organization driving economic development projects across the State of Michigan. DMI is a collaborative effort led

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