michigan

Cinnaire’s Permanent Recovery Supportive Housing Initiative Receives Affordable Housing Finance Readers’ Choice Award

The Affordable Housing Finance annual Readers’ Choice Awards honor and recognize outstanding affordable housing developments in ten categories. Projects are selected based on impact on a community, role in overall revitalization or social change, offering outstanding social services and addressing unique challenges. Cinnaire is pleased to announce Andy’s Place, in Jackson, MI, has received the […]

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Cinnaire Announces $60 Million New Markets Tax Credit Award From U.S. Treasury CDFI Fund

Student in kitchen of Mott's Culinary Arts Training Program

Award Will Spur Projects Focused on Education and Job Creation in Disinvested Communities The US Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $60 million New Markets Tax Credit (NMTC) Allocation. Since 2009, Cinnaire is an eight-time NMTC recipient with awards totaling more than $419 million. Cinnaire manages an

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Living Our Why: Luan Nguyen

As a hungry graduate armed with a finance degree from Grand Valley State University, I dove into the world of commercial credit, underwriting investment real estate as well as commercial and industrial loans. It was at a bank, and I learned a lot, but something was missing. Cinnaire was that missing piece.  I leveraged my experience

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Entrepreneur Connect Podcast

Presented by the Lansing Regional Chamber of Commerce, Entrepreneur Connect is a monthly radio show on the Business Rap network. What makes a community a great place to live, work and play? Luan Nguyen, Cinnaire Dispositions Relationship Manager, recently joined Meghan Martin from the Arts Council of Greater Lansing, Eric Rosekrans from CBRE Martin and

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Cinnaire Appoints Senior Vice President, Detroit Market Leader

Lucius Vassar to Lead Cinnaire’s Targeted Detroit Investment Strategy Cinnaire recently announced Lucius Vassar has been appointed Senior Vice President, Detroit Market Leader. As the Senior Vice President, Detroit Market Leader, Lucius will lead Cinnaire’s Priority City Initiative in Detroit. As part of the Priority City Initiative, Cinnaire will continue to dedicate resources to support

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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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Mark McDaniel Named Haven House Pancake Palooza Champion

Celebrity Servers Raise $43,000 to Help Homeless Families Mark McDaniel recently joined Sister Pat Newhouse, Jim Patterson and Matt Anderson for the annual Haven House Pancake Palooza Championship.  Haven House provides emergency housing and support services for families with children. The shelter helps families who are homeless prepare for permanent housing by developing and promoting self-sufficiency,

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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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