Cinnaire

We ❤️ our partners at CDFI Friendly Evansville Region! And yes, we love working with Keith Broadnax too 😎

Cinnaire Lending has announced the closing of a $5 million revolving pre-development line of credit to The Michaels Organization to advance its mission of creating sustainable, affordable housing solutions for communities in need, supporting the development of more than 700 affordable apartment homes across three multi-family properties located in Camden, NJ; Honolulu, HI; and Guaynabo, PR. A big shout out to our colleagues for their exceptional work closing this line of credit including Jacob Stern, Erik Ingbretson, Matt Wootton and Wayne Bota. Together with our partners at The Michaels Organization, we are making a lasting impact on communities and improving the quality of life for countless individuals. To read the announcement, please visit: https://lnkd.in/g8FnnkSz

Please join us in congratulating Jim Logue on his retirement! 🎉 Jim's exceptional leadership has left a lasting impact on the affordable housing industry. Cinnaire's very existence and evolution over the past 30 years is a testament to his dedication to championing affordable housing and to addressing the lack of investor capital for affordable housing. Our team extends our deepest gratitude and best wishes as Jim embarks on this new chapter! https://lnkd.in/gUBHn6Ag

Our CEO Mark McDaniel sits down with Chris Holman, founder and CEO of the Michigan Business Network (MBN), to share some recent news at Cinnaire in the latest episode of the Michigan Business Beat. https://lnkd.in/gSP_K3sR

Check out this article on the Delaware Catalyst Fund, a partnership between Cinnaire and Delaware State Housing Authority (DSHA), to provide construction lending and gap subsidy to developers to create affordable homeownership opportunities for individuals and families at or below 120% area median income. The article features Jumpstart Wilmington graduate Charly Bass Davis, who received Catalyst Funds to rehab 4 homes in East Wilmington, and her incredible journey into the world of real estate development. Through the Catalyst Fund at least 50 homes will be developed for homebuyers. #JumpstartWilm #WilmDE #CatalystFund https://lnkd.in/g52e6AnU

Cinnaire's HR team recently returned from an incredible Society for Human Resource Management (SHRM) Conference and Expo in Chicago! They explored new ideas, innovative strategies, and came back with a treasure trove of knowledge to make our workplace even more awesome. Following the conference they unwound with some Broadway magic, attending Six the Musical. Shout out to Megan Fuller, Deborah Toby, Kelly Martin, Mary Manuel, LaFrancia Davis, Michelle Fliehman and Dali Smawi for their dedication to learning and growth! #WeAreCinnaire #AdvancingCommunities #SHRM24

🚗 Beep, beep - big news! Lieutenant Governor Garlin Gilchrist II, Detroit City Council President Mary Sheffield and City of Detroit's Kristin Shaw, LEED AP joined Cinnaire, Forth, Mobility Development, Michigan Economic Development Corporation, Michigan Clean Cities and DTE Energy today to launch the Affordable Mobility Platform (AMP) EV community carshare at River Crest Apartments! The AMP program is bringing carshare to Michigan neighborhoods to support residents and offer the community a clean energy transportation option. Affordable transportation is essential for creating equitable communities, enabling access to jobs, education, healthcare and more. Huge shout out to Cinnaire's Josh White and Yulonda Byrd for their extraordinary efforts bringing this important resource to Rivercrest residents and the community!

Cinnaire's Chris Neary and Keith Broadnax recently traveled to Washington, D.C., where they met with leaders on Capitol Hill to advocate on behalf of the Low-Income Housing Tax Credit (LIHTC), New Markets Tax Credit (NMTC), the CDFI Fund and other programs and policies crucial to strengthening our industry. Their passion and commitment to championing these vital programs is truly commendable. We are grateful to members of the Indiana and Illinois delegations, including Affordable Housing Credit Improvement Act (AHCIA) champion Senator Todd Young, for taking the time to engage in meaningful discussions with Chris and Keith. #LIHTC #NMTC #AffordableHousing #AdvancingCommunities #AHCIA

Join Cinnaire, Lt. Governor Garlin Gilchrist II, the City of Detroit, Mobility Development, Forth, Elevate , Michigan Clean Cities, and DTE Energy on Monday, July 1 from 10:00 a.m. - 11:00 a.m. to test drive an electric vehicle (EV) at the launch of the Affordable Mobility Platform EV Community Carshare located at River Crest Apartments in Detroit. The Affordable Mobility Platform (AMP) is helping bring carshare to Michigan neighborhoods for residents and to provide the community a clean energy transportation option. For details and to RSVP, please visit: https://lnkd.in/gZbpKiFw

Cinnaire Solutions President Christopher Laurent, MASL sits down with Goat Cart Podcast host Roxanne in this episode to discuss The Collective on Fourth, a new construction development offering 62 mixed-income residential units in La Crosse, WI. The project will reactivate a half-block of blighted properties and was designed to aid the city's goal of reducing homelessness by providing more accessible and affordable housing. Tune in now to hear Chris give an overview of The Collective on Fourth and highlight a few of the other impactful projects we are working on in Wisconsin. https://lnkd.in/gc23zt3r