Cinnaire is a full-service community development financial partner that supports community stabilization and economic development by developing and nurturing partnerships with investors and mission-focused organizations.
Over twenty-two years of operations:
Over $3.5 billion in community impact
Over 300 community development loans extended totaling more than $350 million
Over 650 housing developments under asset management (over 39,000 units)
58 housing tax credit equity funds under management
25 NMTC developments under asset management totaling $1.5B in development costs
A 60-unit senior housing development in Georgetown. The units are designed for seniors with low- and moderate-income.
A 112-unit multifamily housing development in New Castle. The units are reserved for families with low- and moderate- income.
A 70-unit apartment complex in Rehoboth. The development was created to support individuals with low- and moderate-income.
A 54-unit multifamily housing development in Dover. The complex was designed to accommodate persons with low- and moderate-income.
An 18-unit townhouse development in Wilmington. The homes are available to individuals and families earning 50% or less of the area median income.
A 95-unit apartment complex in Dover. All of the units are open to families and individuals with low- and moderate-income.
A 50-unit apartment complex for seniors in Wilmington. The apartments are affordable for individuals with low- and moderate-income. The development was financed through Low Income Housing Tax Credits and Historical Tax Credits.
A 78-unit multifamily housing development in Wilmington. Most of the units are available for households with low- and moderate-income and three are listed at market price.
A 53-unit development in Rehoboth. The community includes several buildings and a church, and spans an entire block. The complex provides affordable housing for individuals and families with low- and moderate-income.
An 80-unit multifamily housing development in Rehoboth. There are 34 units available to individuals and families earning 50% or less of area median income, and 46 units available to those making 60% or less of area median income.
