Michigan Banks Generate $13 Million for the Development of Affordable Housing
Cinnaire and Michigan Bankers Association established an equity fund for low-income seniors, families and residents with disabilities Cinnaire (Cinnaire) and Michigan Bankers Association Service Corporation (MBASC) recently closed its third equity fund, bringing $13 million to support the development and rehabilitation of 11 different apartment communities across the state, providing 774 units of quality, safe …
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