Susan Frank serves as Executive Vice President, Business Development at Cinnaire, leading the organization’s Fannie Mae, Freddie Mac, and HUD/FHA mortgage lending program through its cooperative ownership in CPC Mortgage Company. With deep expertise in permanent lending, Susan drives Cinnaire’s multi-million-dollar investment in CPC, focusing on expanding business opportunities through customer engagement and cross-functional collaboration. She leads the business development group providing our borrowers with a team of originators, analysts and underwriters solely dedicated to the multifamily Agency lending process.
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. Â
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.
