Cinnaire Advancing Communities Backs $42 Million Real Estate Development as Grand Vista Place, Riverview 220 Open in Lansing

Two significant housing developments that expand access to affordable homes in Lansing and contribute to the overall growth of Michigan's capital city officially opened this week, with community leaders, elected officials, and residents gathering to mark the completion of Grand Vista Place and Riverview 220. Together, the projects represent a nearly $42 million investment in Lansing's housing stock.

Cinnaire Advancing Communities Advancing Communities served as a key investor in both developments through Low-Income Housing Tax Credit (LIHTC) equity. The grand opening event brought together the Lansing Housing Commission, Cinnaire CEO Mark McDaniel, Senator Sarah Anthony, Lansing Mayor Andy Schor, the Michigan State Housing Development Authority (MSHDA), and members of the surrounding community.

Riverview 220

Riverview 220 introduces 63 new apartments designed to support a mixed-income community in downtown Lansing. The majority of the units are income-restricted and supported by housing vouchers, while a smaller number are offered at market rate. The development also includes ground-floor commercial space intended to provide services benefiting both residents and the surrounding neighborhood.

Riverview 220 carries a total development cost of $22 million. Cinnaire contributed $12.4 million in Housing Credit equity to the project.

Grand Vista Place

Grand Vista Place is focused on providing deeply affordable housing for families with very low incomes. Every apartment in the development is supported by project-based vouchers, ensuring long-term affordability and housing stability. The property features amenities including a fitness room and a community space equipped with computers to support digital access. Grand Vista Place represents a $19.7 million total investment, including $7.7 million in Housing Credit equity from Cinnaire.

Leadership Highlights Long-Term Partnership

"We've had the privilege of partnering with the Lansing Housing Commission for many years, and they continue to set the standard as one of the top housing authorities in the country," said McDaniel. "What they have accomplished here in Lansing — bringing high-quality, affordable housing to life in a way that truly strengthens neighborhoods — is remarkable. We're proud and grateful to be part of that work. Developments like Grand Vista Place and Riverview 220 don't just create housing, they add to the fabric of our community, creating welcoming places that residents are proud to call home."

With both Grand Vista Place and Riverview 220 now open and occupied, the developments bring a combined 126 apartments to Lansing and mark the completion of a nearly $42 million real estate development effort supported by Cinnaire Advancing Communities, the Lansing Housing Commission, MSHDA, and their partners.

Sources

Cinnaire Advancing Communities — Grand Vista Place and Riverview 220 Open Doors in Michigan's Capital City (June 8, 2026)