Cinnaire Raises $340 Million for Affordable Housing Development and Preservation

Infographic showing the 11 states Cinnaire's Fund 43 is supporting and it's audience who benefits

Low-Income Housing Tax Credit Fund – Largest in Organization’s History – will provide affordable housing for 5,400 people across 11 states. Cinnaire announced the closing of a $340 million Low-Income Housing Tax Credit (LIHTC) multi-investor fund (Fund 43)—the largest investment fund in the organization’s 32-year history. Designed to create housing that provides people a safe, […]

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Groundbreaking Ceremony Celebrates the Launch of 4401 Rosa Parks Apartments, Bringing 60 Affordable Homes to Detroit

Michigan dignitaries stand with shovels at Rosa Parks groundbreaking

City and community leaders gathered on Thursday, May 15, 2025, to mark a major milestone in the revitalization of Detroit’s Woodbridge neighborhood with the official groundbreaking of 4401 Rosa Parks Apartments, a new affordable housing community that will bring 60 high-quality homes to the area. The development is the result of a collaborative partnership between

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Cinnaire Solutions Celebrates Grand Opening of The Collective on Fourth

Cinnaire Solutions and co-developer Northernstar Companies, in partnership with the City of La Crosse, celebrated the grand opening of The Collective on Fourth, a new 62-unit, mixed-income affordable housing community located just south of downtown at 403 Jackson Street. Developed in response to a City-led initiative to address La Crosse’s housing shortage, The Collective on

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Grand Opening of Historic St. Matthew School Revitalized into New Affordable Housing

Ribbon cutting at Residences at St. Matthew with Mayor Duggan, Archdioceses of Detroit, and other dignitaries

Historic St. Matthew School Revitalized into New Affordable Housing Community with Grand Opening of The Residences at St. Matthew Catholic Charities of Southeast Michigan (CCSEM), in partnership with Cinnaire Solutions, celebrated the grand opening of The Residences at St. Matthew on May 7. City leaders, community partners, and project stakeholders gathered to mark the

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Cinnaire Closes $190 Million Low-Income Housing Tax Credit Fund

Artist rendering of the Riverview 4-story apartment complex

Cinnaire has announced the closing of the Cinnaire Fund for Housing Partnership 42, a $190 million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. This significant milestone will support the creation or preservation of 1,478 affordable multifamily homes across 21 properties, serving over 3,400 individuals. Notably, for the first time in its history, Cinnaire is investing

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La Joya Gardens Grand Opening Brings New Affordable Housing & Retail Space to Southwest Detroit

Chris Laurent, Cinnaire Solutions, and other dignitaries standing inside La Joya Gardens

New $25 million mixed-use development offers 53 residential units, including 42 affordable and 11 market-rate apartments, with vibrant community and retail spaces In January, co-developers Southwest Detroit Business Association (SDBA) and Cinnaire Solutions celebrated the grand opening of La Joya Gardens, a transformative mixed-use, mixed-income development located at 4000 W. Vernor Highway. The event highlighted

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Cinnaire Solutions Celebrates Two Affordable Housing Projects in Detroit

Cinnaire Solutions and the Grandmont Rosedale Development Corporation (GRDC) celebrated the grand opening of one affordable housing development, and broke ground on a second development in Northwest Detroit. The joint event celebrated the grand opening of The Residence at West Outer Drive, and the groundbreaking of Minock Park Place, to show and celebrate increasing investments

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Policy Pulse – Post Election Edition

The recent election results at the federal level have set off a cascade of developments in Washington, offering a preview of an unpredictable few years ahead. Potential policy changes – especially the upcoming “Tax Super Bowl” – could be consequential for affordable housing and community development. This edition of Policy Pulse describes the balance of power in

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Cinnaire Hosts Groundbreaking Ceremony for Chapel Branch Apartments

Cinnaire, Delaware State Housing Authority (DSHA), Sussex County, Volker Development, Inc., and Stearns Bank hosted a groundbreaking ceremony on December 12, for Chapel Branch Apartments, an affordable housing development in Lewes, Delaware. Speakers included DSHA Director Cynthia Karnai; Jake Stern, Senior Vice President, Business Development at Cinnaire; Amy Walls, Senior Principal, Community Reinvestment at Discover;

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MIWRC in MN to Expand Housing and Support Services for Native American Community

Dignitaries with shovels at groundbreaking for MN Indian Women's Resource Center

Minnesota Indian Women’s Resource Center Breaks Ground on Renovation to Expand Housing and Support Services for Native American Community On November 20, the Minnesota Indian Women’s Resource Center (MIWRC) broke ground to celebrate the launch of a comprehensive redevelopment at its Minneapolis property. This project will create 24 permanent supportive housing units for individuals with

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Higginbotham Art Residences Breaks Ground, Transforming Historic School into Affordable Housing

Dignitaries shovel dirt at Higginbothum Residences Groundbreaking ceremony

Redevelopment Project in Detroit’s Eight-Mile-Wyoming Neighborhood to Revitalize Historic School, Creating 100 Units of Affordable Housing On November 19, 2024, officials and community members gathered to break ground for the Higginbotham Art Residences, a transformative project that will convert the historic William E. Higginbotham School into 100 units of affordable housing. Located in Detroit’s Eight-Mile-Wyoming neighborhood, the

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Policy Pulse – Election Preview Edition

This edition of Policy Pulse provides an overview of the state and federal landscape in advance of the 2024 election, the ramifications of potential legislation, the presidential candidates’ housing plans, and how shifts in party control may impact affordable housing and policy legislation throughout Cinnaire’s footprint. Click here to see Cinnaire’s October 2024 Policy Pulse

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