James L. Logue III, Chief Operating Officer of Cinnaire, was recently elected to the Board of Directors at the Federal Home Loan Bank of Indianapolis (FHLBI). He is one of eight “independent” directors from organizations in Indiana and Michigan with specialized knowledge in finance, housing or community development, joining directors elected from among the FHLBI’s 400 member financial institutions.
“I’m honored to continue my service on the FHLBI’s Board of Directors through this election, Logue stated. “I look forward to working with the staff and other members of the Board to ensure that the FHLBI operates in a safe and sound manner. I fully expect that FHLBI’s strong track record will continue and provide great service to its member institutions in Indiana and Michigan.”
Logue joined Cinnaire in 2003 after spending 12 years as Executive Director of the Michigan State Housing Development Authority. Prior to coming to Michigan, he held the following positions: Executive Director of the New Jersey Housing and Mortgage Finance Agency, Director of Programs and Policy at the National Council of State Housing Agencies (NCSHA), and Deputy Assistant Secretary for Multifamily Housing Programs at the United States Department of Housing And Urban Development in Washington, DC.
He also served as President of NCSHA and chaired its committee for “best practices” for the Low Income Housing Tax Credit. Nationally known as an expert in affordable housing, Jim has testified before Congress on housing policy and has assisted in the development of federal housing programs at the invitation of members of Congress.
Logue currently serves on the boards of the National Housing Trust, the Corporation for Supportive Housing, and Sparrow Home Health Care. He is also the past-president of the National Association of State and Local Equity Funds.