Cinnaire President & CEO Receives Prestigious Award

Mark McDaniel Honored as Industry Champion for Lasting Contributions to the Affordable Housing Industry

Cinnaire recently announced that president and CEO Mark Mcdaniel has been named for induction into the Affordable Housing Finance (AHF) Affordable Housing Hall of Fame. Recognized as being industry champions, pioneers, leaders and advocates for better housing programs and policies, the AHF Hall of Fame Inductees will be honored at AHF Live: The 2017 Affordable Housing Developers’ Summit on November 14th – 16th in Chicago.

Mark received his Bachelor of Science in Urban Planning from Michigan State University in 1977 and has over 30 years of experience in the areas of affordable housing, community development, urban planning and market research. In Mark’s professional career he formerly served as Vice President and President of a major Michigan development company, and as Director of Development for a nonprofit housing corporation. Since establishing Cinnaire in 1993, Mark has led the company to invest more than $3.7 billion in loans and equity for affordable housing and community development efforts. Mark has strategically diversified the organization to provide access to permanent debt financing, construction lending, technical assistance, predevelopment lending, youth leadership training, and title services. He has also created a company culture that ensures all employees are provided with opportunities for growth and creativity, in an environment that promotes diversity, equity and inclusion. Under his leadership, Cinnaire has been honored several times as both a Crain’s Detroit Business Cool Place to Work and one of the Nonprofit Times top 50 nonprofits to work for.

“I can think of no person more deserving of this wonderful recognition than Mark,” said Jim Logue, Cinnaire Chief Strategy Officer. “He is a gifted leader and champion for those in need of decent, affordable housing and better communities.”

Mark’s personal and professional contributions have been recognized with numerous awards throughout his career. In 2004, he received the Entrepreneur of the Year Award from the Greater Lansing Business Monthly and in 2008 he received the Governor’s Corporate Service Award. In 2011, Mark was awarded the Michigan Habitat for Humanity’s Bernice Bensen Award recognizing his long service and commitment to Habitat for Humanity. He was also the recipient of the prestigious Terry R. Duvernay Award in 2013, a recognition of lifetime leaders in the affordable housing industry. Mark was recognized by the Michigan Children’s Trust Fund as the 2016 Children’s Advocate of the Year. In 2016 and 2017 he was the Honorary Chairman of the Martin Luther King Holiday Celebration Commission. Mark has also been a long-time volunteer and advocate for Haven House, a shelter providing emergency housing and support services for families in East Lansing.

“I can’t think of a more worthy candidate for AHF’s Affordable Housing Hall of Fame than Mark McDaniel,” said Jeanne Peterson, Peterson & Associates Affordable Housing Connections Managing Member. “Mark has those unique and admirable qualities of blending compassion for others with a passion for the challenges of making affordable housing a reality in our land.”

Mark has served on the Board of Directors for a number of nonprofit organizations which advocate on behalf of affordable housing. Mark’s appointments include: Michigan Housing Council, National Association of State and Local Equity Funds, Fifth Third Bank’s Community Advisory Forum, Habitat for Humanity of MI, Michigan Magnet Fund, Corporation for Supportive Housing State Advisory Committee, National City Community Development Association, Federal Home Loan Bank of Indianapolis Affordable Housing Council, Children’s Trust Fund, Michigan State University Urban Planning Alumni Advisory Board, and the Seminary Consortium for Urban Pastoral Education.

Cinnaire extends congratulations to Michael Costa, President & CEO of Highridge Costa Housing Partners and Highridge Costa Investors; Chickie Grayson, President & CEO of Enterprise Homes; and Barry Zigas, Director of Housing Policy for the Consumer Federation of America, for also being honored as 2017 AHF Hall of Fame inductees.

To learn more about the AHF Hall of Fame, please click here.

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