The recent election results at the federal level have set off a cascade of developments in Washington, offering a preview of an unpredictable few years ahead. Potential policy changes – especially the upcoming “Tax Super Bowl” – could be consequential for affordable housing and community development. This edition of Policy Pulse describes the balance of power in […]
Policy Pulse – Post Election Edition Read More »
Episode 5: Understanding New Market Tax Credits with Peter Giles and Max Novak Join us for a special episode of Cinnaire’s Advancing Communities Podcast, featuring the asset management series AM With A&M. Hosted by asset management experts April Priebe and Miranda Bialk, this series dives into strategies, insights, and resources for professionals working in the
Advancing Communities Podcast: Asset Management With A&M – Understanding NMTC Read More »
Cinnaire announced the closing of an $8.5 million investment in New Markets Tax Credits (NMTC) to support the expansion of The Field School, a pre-K-8 private, nonprofit Christian school serving Chicago’s Austin neighborhood. This investment will enable The Field School to expand its facilities and continue providing high-quality education to a diverse and underserved student
When the people have a voice in building and bettering their community, everybody wins. That is exactly what is going on in west Michigan as Cinnaire’s New Markets Tax Credit (NMTC) team recently closed on a multipurpose community hub project led and shaped by more than 250 engaged neighbors and stakeholders. The Boston Square Community
Residents spearhead community hub project focused on health equity in SE Grand Rapids Read More »
Award Will Spur Projects that Support Education, Vocational Training and Job Opportunities in Disinvested Communities Cinnaire has been awarded a $60 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund). These tax credits incentivize private sector investors to partner in community financing efforts. Cinnaire
Cinnaire Awarded $60 Million in New Markets Tax Credits from U.S Treasury Department Read More »
This edition of Policy Pulse is focused on helping you understand the current state of play at the federal and state levels, including what new bill introductions and budget discussions will mean for Cinnaire’s work and the communities we serve. Click here to see Cinnaire’s April 2023 Policy Pulse enewsletter – https://conta.cc/3KcO8qF
Cinnaire’s Policy Pulse – April 2023 Read More »
Ivy Tech Automotive Technology Center One of Five Businesses Receiving 2022 Novogradac Journal of Tax Credits Award Cinnaire has announced its NMTC development, Ivy Tech Automotive Technology Center in Indianapolis, has been recognized with a prestigious 2022 Novogradac Journal of Tax Credits Real Estate QLICI of the Year Award. The Novogradac Journal of Tax Credits Community Development QLICIs
Cinnaire NMTC Development Recognized with National Real Estate QLICI of the Year Award Read More »
New Markets Tax Credit Provides Investment to Support New Headquarters & Manufacturing Facility for Tommy Car Wash Systems Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13 million in New Markets Tax Credit (NMTC) allocation. Cinnaire, in partnership with Michigan Community Capital (MCC), Huntington Bank,
Cinnaire & Partners Invest in Tommy Car Wash Systems Expansion Read More »
Marygrove Early Childhood Education Center Provides Transformative Cradle-to-Career Educational Opportunities for Detroit Families Cinnaire recently joined our partners from Starfish Family Services, the Kresge Foundation, IFF, Capital Impact Partners, Northern Trust and MBS Urban Initiatives to virtually celebrate the grand opening for the Marygrove Early Education Center in Detroit. In a first for Detroit’s children,
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
Cinnaire Announces $60 Million New Markets Tax Credit Award From U.S. Treasury CDFI Fund Read More »
Cinnaire’s New Markets Tax Credit Funding Provides Financial Support for Workforce Development Center in Indianapolis, IN Cinnaire joined Ivy Tech Community College, PNC Community Partners Inc., Indianapolis Redevelopment CDE and community leaders this week to celebrate the grand opening of the Ivy Tech Automotive Technology Center. The $14 million project is one of the $176 million in
Grand Opening for Ivy Tech Automotive Technology Training Center Read More »
Project Will Provide High-Quality Early Childhood Education and Health Care Services and Revitalize West Philadelphia Neighborhood Cinnaire recently provided an $11.25 million New Markets Tax Credit (NMTC) allocation to support the development of New Market West in Philadelphia, PA. PNC Bank, as the NMTC investor, joined Cinnaire in the financing of this project. New Market
Cinnaire Invests in New Market West Read More »
