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 or preserving 950 homes for families, seniors, and individuals with special needs—supporting more than 2,185 people—and generating significant local economic activity in communities facing growing housing challenges.
As housing costs continue to rise nationwide, Cinnaire’s work underscores the essential role affordable housing plays in creating stability, opportunity, and long-term community resilience. The investments will expand access to safe, stable homes for families, seniors, people with developmental disabilities, and those experiencing or at risk of homelessness…