Transforming a Historic Midland Site into a Vibrant New Community Cinnaire is proud to partner with River Caddis Communities (RCC) and the Capital Area Housing Partnership (CAHP) to finance The Dean – Apartments at Eastlawn (“The Dean”), a $59 million affordable and workforce housing development that will transform the former Eastlawn School site in Midland, […]
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Wellspring Apartments Breaks Ground in Southfield, Michigan 72-unit affordable housing community to provide permanent supportive housing for individuals and families in recovery. Community leaders, housing advocates, and public officials gathered in October to celebrate the groundbreaking of Wellspring Apartments, a new 72-unit affordable housing development in Southfield, Michigan, designed to serve individuals and families in
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Andy’s Place Phase II expands nation-leading recovery housing model to support expectant families in recovery. Community leaders, recovery advocates, and public officials gathered in Jackson, Michigan, to celebrate the grand opening of The McDaniel Apartments at Andy’s Place II, a major expansion of Michigan’s first Permanent Recovery Supportive Housing (PRSH) initiative. The newly completed development
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Cinnaire has announced the closing of a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with their partners CPC Mortgage Company to support the preservation and rehabilitation of Countryside Townhouses, a 146-unit affordable housing community in Kentwood, Michigan. The financing package also included a nearly $3 million equity
Cinnaire is pleased to announce that Josh Ghena has been named Interim President of Cinnaire Equity Partners. Josh succeeds Ryan Robinson, who will be retiring from his role as President on August 31, 2025 after an impactful career with Cinnaire. Over the past decade, Josh Ghena has been a driving force within our Equity business
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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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
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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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 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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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
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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