Cinnaire (formerly Great Lakes Capital Fund)

About Us

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. It provides creative loans, investments, and best-in-class services to partners. To date, Cinnaire has created an economic impact in excess of $3.5B and has supported the creation or retention of over 81,000 jobs. We have invested in over 650 affordable apartment communities, representing over 39,000 units which provide quality, safe and stable housing for over 97,000 low- to moderate-income individuals. In addition to its housing investments, it has supported significant economic development in distressed communities through its New Markets Tax Credit (NMTC) and commercial debt platforms, with total development costs supported exceeding $1.5B. Cinnaire also provides an array of community development lending products through its certified Community Development Financial Institution (CDFI) subsidiary, Cinnaire Lending. Since beginning operations in 2002, Cinnaire Lending has provided more than 300 affordable housing and community development loans have been extended, totaling over $350M. Cinnaire has complementary permanent debt programs through its designation as a Fannie Mae Affordable Housing lender and FHA affiliations. Cinnaire: Advancing Communities.

Contact Us

Mark McDaniel, President

1118 South Washington Avenue,
Lansing,  Michigan   48910
Phone: (517)482-8555

Housing Development and Rehabilitation

  • Multi-Family Rental Development

    Debt and Equity Investing

    • Commercial and/or Development Lending
    • Equity Syndication