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What's New in the Blog

Cinnaire Receives $1 Million CDFI Fund Award

Michigan Business Network
November 25, 2019 2:00 PM

Financial Assistance Award Will Support Low-Income and Distressed Communities

Cinnaire is proud to be one of 284 Community Development Financial Institutions (CDFIs) to receive an award from the U.S. Department of Treasury’s CDFI Fund. The $1 million Financial Assistance (FA) award will be used to provide creative loans and flexible financing to support low-income, distressed communities throughout Cinnaire’s footprint. Cinnaire received awards in three categories – the core financial assistance award, the persistent poverty award and the disability financing award.

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Cinnaire Addresses the Broader Costs of Opioid Crisis in Newly Released Video

Michigan Business Network
November 20, 2019 4:00 PM

National Epidemic Impacts Individuals and Families Battling Addiction; Local Municipalities and Taxpayers Paying the Price

A newly released video produced by the team that launched the nation’s first treatment court affiliated Permanent Supportive Recovery Housing initiative provides insight into the opioid epidemic and highlights the broader impact of the crisis on families and communities. Addressing the Opioid Crisis Through Recovery Housing puts a face to addiction through the story of Grass Lake, MI native Andy Hirst, but also underscores the wider cost of the epidemic for local municipalities, the health care system and taxpayers.

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Cinnaire Hosts Symposium Addressing Policy in Shaping Communities

Michigan Business Network
October 15, 2019 3:00 PM

The Color of Law Author Richard Rothstein Discusses the Role of Policy and Red Lining

If you end up east in Delaware this week, on Thursday, October 17th, Cinnaire will host the Building Equitable Communities Symposium at The Queen in Wilmington, DE. For over a century, implicit and explicit discriminatory policies have been key factors in limiting people from fair housing opportunities and access to community resources – including health care, education and economic mobility.

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Cinnaire | Historic Saint Rita Apartments Receives Detroit Community Development Award

Michigan Business Network
October 1, 2019 9:00 AM

Excellence in Real Estate Award Honors Projects that Revitalize Neighborhoods and Catalyze Further Development

Central City Integrated Health (CCHI) was recently honored with a Detroit Community Development Award for the renovation of the historic Saint Rita Apartments in Detroit’s North End neighborhood located at 35 Owen Street. Saint Rita Apartments received the 2019 Excellence in Real Estate award from Detroit LISC, the largest national community development intermediary, combining corporate, government and philanthropic resources to help community-based organizations revitalize their neighborhoods.


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Cinnaire | Podcast - Advancing Communities Podcast – The Urban Bike Project: Changing Lives & Revolutionizing Communities

Michigan Business Network
October 1, 2019 8:00 AM

 

 

 

Cinnaire’s Advancing Communities Podcast brings together their Chief Strategy Officer Jim Peffley with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Their guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by living in healthy communities.

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Cinnaire | Where They've Been, Where They're Going

Michigan Business Beat
August 22, 2019 4:00 PM

Mark McDaniel, President & CEO, Cinnaire, REO Town, Lansing, MI, drops back into the MBN studio to catch up with Chris Holman and share a periodic update. First, they reacquaint the listening audience with the story, mission and process of Cinnaire and then get into news about Cinnaire launching a new Five-Year Strategic Plan. They also talk about how the Marketplace Apartment Complex is providing mixed-income housing and retail space in Flint, MI, how JPMorgan Chase recently awarded $1.5 Million to pilot program of Cinnaire, the CHN Housing Partners, and how Cinnaire was also recently honored as a 2019 Crain’s Detroit Business Cool Place to Work.

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Award Recognizes Michigan Companies Providing Exceptional Benefits and Unique Workplace Environments

Michigan Business Network
August 12, 2019 10:00 AM

For the sixth straight year, Cinnaire has been named one of Crain’s Detroit Business Cool Places to Work in Michigan. Cinnaire is ranked #64 out of 100 organizations on the 2019 Cool Places List.

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Cinnaire | Marketplace Apartment Complex Provides Mixed-Income Housing and Retail Space in Flint, MI

Michigan Business Network
July 19, 2019 5:00 PM

Former YWCA Building Demolished to Provide Affordable Living Options and Spur Revitalization in Downtown Flint

Cinnaire recently joined PK Development Group and Uptown Reinvestment Corp. (URC) for a hard hat tour at the Marketplace Apartment complex in Flint, MI. The former YWCA building in downtown Flint has been demolished to make room for the Marketplace Apartments, a four-story mixed use building providing 92-units of mixed-use housing. The project will also include three retail spaces. Cinnaire provided a $9.5 million Low Income Housing Tax Credit (LIHTC) investment to support the $19.5 million project.


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Cinnaire | Cinnaire Cares Generates $14,290 to Support Five Mission-Driven Organizations

Michigan Business Network
July 11, 2019 5:00 PM

Staff Funded Initiative Supports Diverse Organizations

Cinnaire recently joined PK Development Group and Uptown Reinvestment Corp. (URC) for a hard hat tour at the Marketplace Apartment complex in Flint, MI. The former YWCA building in downtown Flint has been demolished to make room for the Marketplace Apartments, a four-story mixed use building providing 92-units of mixed-use housing. The project will also include three retail spaces. Cinnaire provided a $9.5 million Low Income Housing Tax Credit (LIHTC) investment to support the $19.5 million project.


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Cinnaire | Podcast - Advancing Communities: The Power Of Homeownership: CHN's Kevin Nowak

Michigan Business Network
July 2, 2019 9:00 AM

 

 

 

Cinnaire’s Advancing Communities Podcast brings together their Chief Strategy Officer Jim Peffley with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Their guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by living in healthy communities.

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