Cinnaire

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…

Cinnaire, MBASC close $67 million fund for development and rehab of eight multifamily communities across Michigan

Cinnaire and the Michigan Banker’s Association Service Corporation (MBASC) have announced the closing of a Low-Income Housing Tax Credit investment fund generating a total of $67…

Cinnaire closes $175 million fund to provide affordable housing in Midwest

Cinnaire closed its Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor Low-Income Housing Tax Credit fund. The fund comprises 14 investors and will support…

Michigan’s Cinnaire makes three key promotions

Lansing, Michigan-based Cinnaire promoted several team members to new leadership positions. These new executive level positions will support Cinnaire’s goal to advance economic equity in…

Cinnaire closes funds totaling $193 million

Cinnaire has announced the closing of two Low-Income Housing Tax Credit funds totaling $193 million. These multi-investor funds – Cinnaire Fund for Housing (Fund 40)…

Cinnaire makes $11 million investment in Wisconsin Aluminum Foundry

Cinnaire made an $11 million New Markets Tax Credit investment in the Wisconsin Aluminum Foundry (WAF), a long-standing employer in Manitowoc, Wisconsin, providing aluminum- and…

KeyBank provides $10 million loan to Cinnaire Lending Corporation

Cinnaire Lending Corporation, a certified Community Development Financial Institution (CDFI), has been awarded a $10 million loan from KeyBank’s CDFI Lending & Investment Group. The…

Cinnaire closes $151 million in committed capital for equity fund

Cinnaire closed the Cinnaire Fund for Housing (Fund 39), a $151 million multi-investor Low-Income Housing Tax Credit fund. The fund will support the creation of 1,464…

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