Executive Vice President, Business Development

Susan Frank joined Cinnaire in March 2014. She serves as Executive Vice President, Business Development, and directs the company’s business development strategy and activity over Cinnaire’s nine-state footprint focusing on LIHTC equity and multifamily debt originations.  

Susan has worked in the affordable housing industry for more than 25 years. Before joining Cinnaire, she worked at Fannie Mae for 12 years, most recently as Director of Customer Account Management in the company’s Multifamily Mortgage Business. Prior positions with Fannie Mae included managing the company’s CDFI product and as the Director of the Delaware Community Investment Center. From 1993-2000, Susan worked as Executive Director of the Delaware State Housing Authority (DSHA), a statewide housing finance agency and local public housing authority and community development agency. She served as a Member of the Governor’s Cabinet and the Governor’s Family Services Cabinet Council. Prior to her position at DSHA, Susan served as Chief Legislative Advisor to then-Rep. Tom Carper (D-DE) on all matters before the U.S. House of Representative’s Banking Committee and Housing Subcommittee.  

Susan earned her B.A. from the University of Delaware and has resided in Wilmington, Delaware for more than 20 years. She serves on numerous Boards and Committees including the Healthy Communities Delaware Leadership Council, Wilmington Neighborhood Conservancy Land Bank and the Todmorden Foundation.