Cinnaire Provides $38+ Million to Preserve Affordable Housing at Countryside Townhouses in Kentwood, MI
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 […]