LIHTC

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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Cinnaire Celebrates Grand Opening for New Parkridge

Landmark Affordable Housing Development Brings New Homes, Hope and Opportunity to Residents  Cinnaire recently joined community leaders, residents and development partners to celebrate the grand opening for New Parkridge in Ypsilanti, Michigan. The new affordable housing community features 86 quality apartments and townhouses with on-site support services for individuals and families. Cinnaire, through a strategic partnership

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Cinnaire Featured in Tax Credit Advisor

Cinnaire was recently featured in an issue of Tax Credit Advisor. A leading industry magazine, Tax Credit Advisor provides comprehensive coverage on all aspects of the development and financing of affordable rental housing, historic preservation, and economic development projects using federal and state tax credits and other resources. Click here to read Untraditional Lending – CDFIs make tax

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Cinnaire and CHN Form Detroit Partnership

Partnership will work to bolster Detroit’s lease purchase program Cinnaire and CHN Housing Partners recently announced they have entered into a partnership to bolster the performance of our lease purchase developments in the City of Detroit. The partnership leverages CHN’s nationally recognized expertise in creating a successful lease purchase model to assist with nearly 200

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Great Lakes Capital Fund Closes $138.5 Million Affordable Housing Fund

Fund 29 Delivers Essential Equity to 23 Projects in Five States Cinnaire (Cinnaire) is pleased to announce the closing of its most recent fund, Cinnaire for Housing Limited Partnership 29, or Fund 29, with $138.5 million raised to support affordable housing across the Midwest. Thirteen investors contributed to Fund 29, comprised of 12 banks and

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