Page 14 - LRCC April FOCUS 2024

ALLEN PLACE MURAL BY ARTIST
BRIAN WHITFIELD
COURTESY/CINNAIRE

THREE DECADES

OF SERVICE

CINNAIRE CONTINUES ITS LEGACY OF

INVESTING IN PEOPLE AND PLACES

ommunities have some basic, fundamental needs to survive
and thrive. Affordable housing. Well-paying jobs. Healthcare, McDANIEL
Cchildcare, education.

Mark McDaniel, president and chief executive officer for Lansing,
Michigan-based Cinnaire, recognizes that those basics are not always
readily available to underserved communities. Yet, providing those
needs takes more than good intentions. It takes financial investments
and collaboration with local government, businesses, and other
community partners.

Cinnaire is a community development financial organization that makes
high-impact investments and loans to developers and nonprofits,
focusing specifically on economically and racially marginalized
communities that too often get passed over for capital.

Cinnaire has a presence in nine states: Michigan, Wisconsin, Minnesota,
Indiana, Illinois, Pennsylvania, New Jersey, Delaware, and Maryland.
Whether rural or urban, the societal problems in the communities
Cinnaire serves commonly stem from poverty and unreliable housing
options, McDaniel said.

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