Common Council Note: Haven On Main approved | La Crosse

Cinnaire closed a $340 million Low-Income Housing Tax Credit (LIHTC) multi-investor fund (Fund 43)—the largest investment fund in the organization’s 32-year history.

Designed to create housing that provides people a safe, stable place to call home, this fund will finance 33 developments across 11 states, providing 2,455 affordable housing units supporting more than 5,400 individuals and generating more than $844 million in local economic activity.

This milestone closing reaffirms the critical role the LIHTC program plays in addressing the nation’s housing crisis and highlights the commitment of both developer and investor partners to creating communities that serve families, seniors, and people with special needs. Fund 43 demonstrates Cinnaire’s strong regional partnerships and national impact. Notably, 90% of the investments are with repeat developer partners...

Haven on Main – La Crosse, WI 

Haven on Main is a 70-unit mixed-income community including 59 affordable units and 11 market-rate units. Eighteen units are reserved for individuals with intellectual and developmental disabilities, veterans, and those experiencing chronic homelessness. Half of the total units are designed to support independent living for adults on the autism spectrum, addressing the pressing housing need identified by Haven for Special People. The development will offer safety features, green space, therapy and fitness rooms, and job opportunities nearby. Full supportive services will be provided by CouleeCap, a trusted regional leader in housing and anti-poverty work, in partnership with Invista and Haven for Special People...