Cinnaire Appoints New Chief Strategy Officer

Updated August 15, 2018
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Cinnaire, a non-profit Community Development Financial Institution (CDFI) that provides …

creative loans, investments and development services to support community development, recently announced Jim Peffley has been appointed Chief Strategy Officer. In this position, Peffley is responsible for developing and managing Cinnaire’s strategic vision and ensuring the organization is prepared to achieve that vision in the near and long-term.  In addition, he is responsible for a newly created New Ventures & Product Management team, Customer Engagement, real estate development and strategic communications. Peffley assumes the CSO role at Cinnaire as Jim Logue, former CSO, shifts to focus on public policy issues as Chief Public Policy Officer. Logue will also continue to provide ongoing support to the executive leadership team.

“Jim has been a highly regarded advocate for affordable housing, community development and neighborhood revitalization throughout his career,” said Mark McDaniel, Cinnaire president & CEO.

“His expertise in the housing finance and community development industry has spurred economic impact and created opportunities for people in need throughout our geography. As Chief Strategy Officer, Jim will lead the effort to ensure Cinnaire’s strategic initiatives are aligned with our corporate culture and mission.”

Previously the Executive Vice President of Community Development Finance at Cinnaire, Peffley brings to the CSO position 27 years of experience in the housing finance & community development industry.  He joined the organization in 2013 through the merger of Great Lakes Capital Fund and Delaware Community Investment Corporation (DCIC), with the resulting organization later becoming known as Cinnaire. He brought to Cinnaire national experience in the industry, as well as an extensive professional network resulting from his work at DCIC, Fannie Mae and Delaware State Housing Authority.  He has held positions of increasing responsibility with Cinnaire, where, as a member of the executive leadership team, he oversaw Cinnaire’s strategic initiatives and expansion businesses.

Peffley serves on the board of the Housing Alliance Delaware, the National Association of State and Local Equity Funds (NASLEF), and the Community Service Building Corporation. In 2015, he was the HDC MidAtlantic Housing Advocate of the Year, an award honoring someone who has made significant contributions to affordable housing.

About Cinnaire

Since 1993, Cinnaire has invested $3.7 billion to revitalize communities, resulting in more than $7 billion in community impact. A non-profit Community Development Financial Institution (CDFI) certified by the U.S. Department of Treasury, Cinnaire has supported 676 housing developments, provided 47,000 affordable apartment homes and created or retained more than 65,000 jobs. Headquartered in Lansing, MI, with offices in five states, Cinnaire provides access to investment funding, lending options, and title services that support community and economic development, creating stable, sustainable and vibrant communities.www.cinnaire.com

Contact:
Corinne Hyzny
Vice President, Strategic Communications
chyzny@cinnaire.com

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