Healthy Communities

Cinnaire & Partners Celebrate Grand Opening for State-of-the-art Marygrove Early Education Center in Detroit

Marygrove Early Childhood Education Center Provides Transformative Cradle-to-Career Educational Opportunities for Detroit Families  Cinnaire recently joined our partners from Starfish Family Services, the Kresge Foundation, IFF, Capital Impact Partners, Northern Trust and MBS Urban Initiatives to virtually celebrate the grand opening for the Marygrove Early Education Center in Detroit. In a first for Detroit’s children, […]

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Cinnaire Announces $175.7 Million Fund to Support Affordable Housing

Cinnaire has announced the closing of a $175.7 million Low Income Housing Tax Credit (LIHTC) fund that will finance the development or preservation of more than 1,648 affordable homes and 2,441 bedrooms in 5 states. Nine investors are participating in the fund, which is Cinnaire’s largest multi-investor equity fund since 2016. “Cinnaire’s new team leading

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Cinnaire Announces $52 Million Mid-Atlantic Capital Fund Closing

Cinnaire announced today the closing of the organization’s 2021 Mid-Atlantic Low Income Housing Tax Credit (LIHTC) Fund. The $52 million fund will bring more than 570 units of affordable housing to communities across Delaware, Maryland, New Jersey and Pennsylvania. Cinnaire has partnered with insurance companies and financial institutions throughout the Mid-Atlantic to raise more than

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Cinnaire Captures Novogradac QLICI of the Year Award

Novogradac Award graphic with exterior view of Paul's Place Groundwork Kitchen

Paul’s Place-Groundwork Kitchen Honored as Small Business QLICI of the Year  Ten community development entities (CDEs) that made qualified low-income community investments (QLICIs) into five businesses are the winners of the Novogradac Journal of Tax Credit QLICIs of the Year Awards. The awards honor CDEs who strive for excellence in community development. Cinnaire received the Small

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Cinnaire Awarded $1.8 Million to Support Economic Relief in Underserved Communities Affected by COVID

U.S. Department of Treasury’s CDFI Fund Announced the Awards with Vice President Harris, Treasury Secretary Janet Yellen, Senator Mark Warren and Representative Waters The U.S. Department of Treasury has awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs) through the departments CDFI Rapid Response Program (CDFI RRP). The grants will be

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Saint Francis & Trinity Health Investing $1 Million in Cinnaire’s Wilmington Healthy Neighborhood Fund

Saint Francis Healthcare and its parent organization, Trinity Health, are joining Cinnaire to launch the Wilmington Healthy Neighborhood Fund. A comprehensive, community-driven revitalization effort, the Wilmington Healthy Neighborhood Fund will address the social determinants of health, including safe and affordable housing, in the City of Wilmington. The one-million-dollar Trinity Health/Saint Francis loan will be used

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Advancing Communities Podcast Episode 2

Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer Jim Peffley with thought leaders,  policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by living

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