Cinnaire recently announced the appointment of Chris Neary as Vice President, Policy, Research, and Advocacy in the company’s Wilmington, DE, office.
Cinnaire, a non-profit CDFI that provides creative loans, investments and development services, recently provided an $11.5 million New Markets Tax Credit (NMTC) allocation to support the new construction of a 350,000 square foot, state-of-the-art manufacturing facility for EJ Group, Inc.
Project will regain 350 jobs for Northern Michigan residents
Chicago, IL, and Lansing, MI—June 1, 2017: The Federal Home Loan Bank of Chicago (FHLBC) today announced that Cinnaire, a full-service CDFI and member of the FHLBC, was named a Community First® Fund (CFF) partner and is the recipient of a $3 million, 10-year loan.
This week Kimberlee R. Cornett, Managing Director of the Krege Foundation's Social Investment Practice, wrote about some of the work the Kresge Foundation has made possible as a funder and partner to CDFIs.