Illinois

Cinnaire Invests $7 Million in NMTC to Support Tillamook Decatur Creamery Expansion

picture of Tillamook Creamery factory and information about cinnaire's investment funding

Cinnaire is proud to announce a $7 million investment in New Markets Tax Credits to support the rehabilitation and expansion of the former Prairie Farms dairy plant into the Tillamook Decatur Creamery. The facility, located at 757 N Morgan St. in Decatur, is being transformed into a modern, 79,000-square-foot creamery to enhance Tillamook County Creamery […]

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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 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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