SilverFest 25th Anniversary Celebration Wednesday August 1st.
Cinnaire, a non-profit Community Development Financial Institution (CDFI) that provides creative loans, investments and development services to support community development, has announced that the company has acquired The Butterfly Effect, the First-Place winner and People’s Choice Award winner from the Old Town Commercial Association ScrapFest X. Created by team Artistic Iron, The Butterfly Effect is a nine foot tall arbor adorned with more 80 butterflies and an intricate network of vines, roots, branches and tendrils hand cut from aluminum, rebar, steel rods and cooper. The unique artwork was acquired in the live auction at ScrapFest. The sculpture will be the centerpiece of Hope Park, a community garden dedicated at Cinnaire’s REO Town headquarters on August 1st during the company’s SilverFest 25th Anniversary Celebration.
“We are so happy to bring The Butterfly Effect sculpture home to Hope Park," said Mark McDaniel, Cinnaire president & CEO. “The concept of the Butterfly Effect - the idea that something as small as the flutter of a butterfly’s wing can inspire large scale change - is central to our whole mission. We are thrilled to support and showcase local artists and to have The Butterfly Effect represent Cinnaire’s Silver Anniversary, commemorating 25 years of creating healthy communities.”
Cinnaire’s SilverFest 25th Anniversary Celebration is free to the community. The lively event will feature billboard charting international jazz artist Phil Denny, national jazz artist Taylor Taylor, and the installation of the Butterfly Effect commemorating Cinnaire’s twenty-five-year commitment to creating significant change and supporting healthy, vibrant communities. The event is being hosted at Cinnaire’s headquarters, located in Lansing’s REO Town neighborhood: 1118 S. Washington Avenue, Lansing, MI.
“Inspired by chaos theory – that something as small as the flutter of a butterfly’s wing can cause change halfway around the world – our team created this piece as a visual representation of the spirit and growth of ScrapFest itself,” said Andrew Sandstedt, lead artist with Team Artistic Iron. “We are so happy Cinnaire has purchased the Butterfly Effect to honor and represent the organization’s growth over the last 25 years. We greatly appreciate their continued support for local arts, the Old Town Commercial Association and most importantly, their commitment to creating vibrant communities. Cinnaire’s REO Town Headquarters is the ideal location to celebrate the great unity and community building art is intended to represent.”
About Cinnaire Since 1993, Cinnaire has invested $3.7 billion to revitalize communities, resulting in more than $7 billion in community impact. A non-profit Community Development Financial Institution (CDFI) certified by the U.S. Department of Treasury, Cinnaire has supported 676 housing developments, provided 47,000 affordable apartment homes and created or retained more than 65,000 jobs. Headquartered in Lansing, MI, with offices in five states, Cinnaire provides access to investment funding, lending options, and title services that support community and economic development, creating stable, sustainable and vibrant communities.www.cinnaire.com Cinnaire provides all full-time employees with an unlimited paid time off policy, weekly organic fresh fruit deliveries, an employee wellness program, on-site fitness center at company headquarters, company paid cell and wireless services, onsite dry-cleaning pickup and delivery and a comprehensive benefits package. An open-door policy and regularly scheduled lunches with the company CEO promote transparency and establishes open communication. The Cinnaire Staff Engagement Committee provides all staff with an open forum for generating and discussing ideas, initiatives and insights that improve professional lives and company culture, and for sharing takeaways and recommendations with the management and executive teams. In 2017, employees launched Cinnaire Cares, a companywide staff funded and driven charitable program that provides every team member an opportunity to make an impact by donating to staff nominated charities.
