Cinnaire

Lansing’s Cinnaire raises $134 million for affordable-housing developments in five states

Lansing, Michigan-based Cinnaire closed a $134 million Low-Income Housing Tax Credit (LIHTC) fund, Cinnaire Fund for Housing 44. The fund will finance 12 affordable housing developments across five states, creating…

Lansing’s Cinnaire names president of Cinnaire Equity Partners

Lansing, Michigan-based Cinnaire appointed Josh Ghena as president of Cinnaire Equity Partners (CEP), effective immediately. Ghena has served as Interim President since June 1, 2025,…

Cinnaire receives $5.9 million in affordable housing subsidies for development of Wisconsin properties

The Federal Home Loan Bank of Chicago awarded $5.9 million in Affordable Housing Program General Fund subsidies to Cinnaire Lending to support the development of 137 affordable…

Construction begins on Wellspring Apartments in Southfield

Community leaders, housing advocates, and public officials gathered Oc.t 7 to celebrate the groundbreaking of Wellspring Apartments, a 72-unit affordable housing development in Southfield, Michigan,…

McDaniel Apartments at Andy’s Place II opens in Jackson

Community leaders, recovery advocates and public officials last week celebrated the grand opening of The McDaniel Apartments at Andy’s Place II in Jackson, Michigan, a…

Cinnaire provides $38 million in financing to preserve affordable housing in Kentwood

Cinnaire closed a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with its partners CPC Mortgage Company to…

Cinnaire closes $340 million LIHTC fund, the largest in organization’s history

Cinnaire closed a $340 million Low-Income Housing Tax Credit (LIHTC) multi-investor fund (Fund 43)—the largest investment fund in the organization’s 32-year history. Designed to create…

Catholic Charities of Southeast Michigan, Cinnaire Solutions celebrate opening of 36-unit affordable-housing community in Detroit

Catholic Charities of Southeast Michigan (CCSEM), in partnership with Cinnaire Solutions, celebrated the grand opening of The Residences at St. Matthew in Detroit on May 7. City…

Cinnaire provides $7 million in New Markets Tax Credits for rehab, expansion of Tillamook creamery in Decatur

Cinnaire made a $7 million investment in New Markets Tax Credits to support the rehabilitation and expansion of the former Prairie Farms dairy plant into the Tillamook…

Cinnaire provides housing funds for projects in Michigan, Illinois designed for residents with special needs

Cinnaire closed the Cinnaire Fund for Housing Partnership 42, a $190 million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. This milestone will support the creation…

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