mixed-income development

Cinnaire Lending Provides $6 Million Loan to Support Affordable Homeownership in Grand Rapids

Cinnaire Lending announced a $6M Construction/Bridge Loan to support the development of Seymour Condominiums, an innovative affordable homeownership community led by ICCF Community Homes in Grand Rapids, Michigan. This transformative project will convert the former Seymour Christian School into 19 for-sale condominium units, with an additional eight newly constructed condos on the property, creating 27 […]

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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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