GLCF

Great Lakes Capital Fund Closes $138.5 Million Affordable Housing Fund

Fund 29 Delivers Essential Equity to 23 Projects in Five States Cinnaire (Cinnaire) is pleased to announce the closing of its most recent fund, Cinnaire for Housing Limited Partnership 29, or Fund 29, with $138.5 million raised to support affordable housing across the Midwest. Thirteen investors contributed to Fund 29, comprised of 12 banks and …

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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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Logue Elected to Board of Directors of the Federal Home Loan Bank of Indianapolis

James L. Logue III, Chief Operating Officer of Cinnaire, was recently elected to the Board of Directors at the Federal Home Loan Bank of Indianapolis (FHLBI). He is one of eight “independent” directors from organizations in Indiana and Michigan with specialized knowledge in finance, housing or community development, joining directors elected from among the FHLBI’s …

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