Cinnaire Names Executive Vice President, Community Development

Cinnaire has announced the appointment of Katey Forth to Executive Vice President, Community Development for the organization. Katey brings more than 20 years of finance and lending experience to the new role, serving most recently as Cinnaire Lending President. She has played a key role leading the strategic direction of Cinnaire Lending, developing capacity building and fundraising initiatives and providing strategic direction on operations and lending product lines.

 As a certified Community Development Financial Institution (CDFI), financing is a key tool that Cinnaire uses to bring capital to projects in underinvested areas often overlooked by traditional banks. In her role as Executive Vice President Community Development, Katey will provide the strategy and drive Cinnaire’s work with mission-driven partners and other CDFIs to fund community facilities that provide social benefits – including health care and education centers, healthy food options, job creation and training, and affordable housing.

“Katey is a decisive and energetic leader with a strong background in the community development and affordable housing industries,” said Jim Peffley, Chief Strategy Officer. “Her financial expertise and technical skills made her the ideal candidate for this new leadership role on Cinnaire’s Executive Team. As Executive Vice President, Katey will support Cinnaire’s strategic plan goals to revitalize neighborhoods and deliver social impact through lending.”

Prior to joining Cinnaire, Katey worked as a senior audit manager at Plante & Moran, specializing in real estate and governmental audits. She serves on the boards for Affiliate Mortgage Services (formerly Habitat for Humanity Michigan Fund) and The Heat and Warmth Fund (THAW). Katey earned her Bachelor of Business Administration degree from Western Michigan University.

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