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Cinnaire Provides Over $38M in Financing to Preserve Affordable Housing at Countryside Townhouses near Grand Rapids

Summary by Yield PRO
Cinnaire has announced the closing of a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with their partners CPC Mortgage Company to support the preservation and rehabilitation of Countryside Townhouses, a 146-unit affordable housing community in Kentwood, Michigan. Countryside Townhouses, located at 700 48th Street SE, was originally […] The post Cinnaire Provides Over $38M in Financing to Preser…
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Yield PRO broke the news in on Thursday, August 28, 2025.
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