Cinnaire Solutions Corporation

To build, develop, construct, finance, own and operate housing affordable for low-income families. The organization is the general partner of several low income housing developments. It is currently working on strategies to re-capitalize many of these developments through the low-income housing tax credit program. This will bring needed physical improvements to the area at an affordable price as the rents are set at a level of 60% of area median income.

To eliminate prejudice and discrimination and lessen neighborhood tensions by offering affordable housing to families of low-income who are unable to obtain adequate housing because of discrimination.

To combat community deterioration by offering affordable housing to low-income residents of a deteriorated city undergoing redevelopment where the median income level is lower than other areas and the residents undertake an initiative to ensure themselves decent housing without undergoing relocation.

Income and losses generated in current year are directly attributable

To the building, development,construction, and financing of affordable

Housing to low-income families.

Income generated in the current year from the ownership (100%) and

Operation of housing affordable for low-income families.