Cinnaire Lending Corporation

Cinnaire Lending Corporation, established in 2002, is a Michigan-based Certified Community Development Financial Institution (CDFI) with a mission to improve the quality of life for residents in underserved communities by raising and deploying capital to support the development of healthy and vibrant neighborhoods. The organization provides various financing products such as pre-development, acquisition, bridge loans, and permanent financing for multi-family rental communities, primarily serving low- and moderate-income individuals, including special needs populations. Additionally, Cinnaire Lending offers consulting services to developers and non-profit organizations, helping them utilize all available financing sources to ensure the long-term viability of community developments.

Cinnaire Lending Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cinnaire Lending Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,762,914

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Cinnaire Lending Corporation, founded in 2002, functions as a certified Community Development Financial Institution (CDFI). Their primary mission is to accumulate and distribute capital in order to foster the growth of healthy and vibrant communities. By doing so, they aim to enhance the overall quality of life for residents of these communities. Cinnaire Lending provides various financing options such as pre-development, acquisition, bridge loans, and permanent financing for multi-family rental communities catering to low- and moderate-income individuals, including those with special needs. Additionally, they offer consulting services to developers, helping them make the most of all available financing resources to ensure the long-term viability of developments. Cinnaire Lending prioritizes partnering with non-profit organizations to facilitate their involvement in community developments.

Brett Oumedian is the Chair of Cinnaire Lending Corporation.

Cinnaire Lending Corporation's revenue in 2022 was $12,692,635.

The Cinnaire Lending Corporation’s most recent form 990 was submitted in 2022 and can be accessed here