cinnaire.com

What It Is

Cinnaire is a U.S. nonprofit community development finance organization. Its disclosed credentials include being a certified Community Development Financial Institution (CDFI). Its core mission is to support safe, quality, affordable housing and community development through capital investment and development solutions. It is not a payment gateway, acquiring institution, or digital wallet, but rather a community finance platform serving developers, nonprofits, government agencies, mission-driven businesses, and socially responsible investors.

Core Capabilities

Based on the available text, Cinnaire’s business covers tax credit investment facilitation for Low-Income Housing Tax Credit (LIHTC), New Markets Tax Credit (NMTC), Historic Tax Credit, and related programs. It also provides CDFI loans, bridge loans, construction loans, acquisition loans, predevelopment loans, mini-perm financing, lines of credit, and NMTC leveraged loans. Through CPC Mortgage, it can also connect clients with Freddie Mac, Fannie Mae, and HUD/FHA multifamily housing financing products. In addition, it offers title insurance, escrow, and complex transaction support in Michigan, Indiana, and Wisconsin. Its service area is primarily in the U.S. Midwest and Mid-Atlantic, with the text stating that its impact spans 13 states.

Pricing and Fees

Its fee disclosures are mainly concentrated under CDFI Lending: the minimum loan amount is USD 500,000, the maximum is USD 6 million, and larger amounts are considered on a case-by-case basis. Terms are typically 1 to 7 years. The loan fee is 1.5%, with a minimum of USD 5,000. The application deposit may be applied toward third-party costs at closing, and borrowers are also responsible for reporting, search, legal, and closing-related fees. Specific loan interest rates, collateral requirements, and approval timelines are not disclosed.

Pros and Cons

Its strengths include long-standing experience since 1993, more than USD 14 billion in community impact, and a track record that includes 83,000 affordable housing units, along with an integrated chain of tax credits, lending, development, and title services. Its nonprofit and mission-driven positioning also makes it better suited to community projects underserved by traditional finance. The downside is that it is not a payment or acquiring product, and it does not provide core payments-industry information such as supported payment methods, settlement cycles, or API integration. Fee transparency is also limited to only some lending fees.

Who It’s For

It is suitable for U.S. affordable housing developers, community facility project sponsors, nonprofits, local government partnership projects, social impact investors, and institutions that need LIHTC/NMTC structured financing. It is not suitable for businesses that need cross-border collections, merchant acquiring, virtual accounts, or payment APIs.

Access from China

The scraped text does not provide information on availability from mainland China, so this is considered unknown.