SIGNIFICANT SIG MARK MCDANIEL '77
"A philanthropic, transformational, industry leader."
Mark and His Company Cinnaire are Nationally Recognized for Excellence.
Back in 1993 with a dream and vision to change lives and transform struggling neighborhoods Mark McDaniel sat down at a table with a phone and old style rolodex of names and contact information and launched a novel tax credit fund in Michigan. Twenty-seven years later, Mark remains the founder and CEO of nationally recognized Cinnaire, employing more than 100 team members in nine states.
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Since that humble beginning Mark strategically diversified the organization to provide access to permanent debt financing, construction lending, technical assistance, predevelopment lending, youth leadership training, and title services.
Under Mark’s leadership Cinnaire has committed more than $4.76 billion of loans and equity for affordable housing and community development efforts. As a result, more than 811 housing developments have been developed creating more than 49,700 affordable housing apartments, and 76,000 plus jobs. All told, Cinnaire has economically impacted communities to the tune of nearly $9B. |
Significant Sig Mark McDaniel
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In 2020, the United States Treasury Department appointed Cinnaire as a Community Development Financial Institution (CDFI). In 2020, The NonProfit Times a leading publication of nonprofit organizations listed Cinnaire as a Top 50 nonprofit to work for. In 2021, Crain’s Detroit Business included Cinnaire as one of the “Cool Places” to Work for in Michigan.
Mark received his B.S. in Urban Planning from Michigan State University in 1977 where he was pinned as a Sigma Chi and would become his chapter's president (Consul). Mark’s dream to provide affordable housing opportunities for individuals and families began in part during those early years followed up by more than 38 years of experience in community development, urban planning, and market research. Prior to Cinnaire, Mark served as vice president and president of a major Michigan development company and as director of development for a statewide nonprofit housing corporation.
Mark’s exemplary achievements in providing affordable housing for thousands of individuals and families throughout the country has brought great honor and prestige to the name of Sigma Chi.
Mark’s philanthropic works and leadership has garnered him numerous state and national awards including being inducted in to the Affordable Housing Hall of Fame.
Mark received his B.S. in Urban Planning from Michigan State University in 1977 where he was pinned as a Sigma Chi and would become his chapter's president (Consul). Mark’s dream to provide affordable housing opportunities for individuals and families began in part during those early years followed up by more than 38 years of experience in community development, urban planning, and market research. Prior to Cinnaire, Mark served as vice president and president of a major Michigan development company and as director of development for a statewide nonprofit housing corporation.
Mark’s exemplary achievements in providing affordable housing for thousands of individuals and families throughout the country has brought great honor and prestige to the name of Sigma Chi.
Mark’s philanthropic works and leadership has garnered him numerous state and national awards including being inducted in to the Affordable Housing Hall of Fame.
MARK MCDANIEL - PROFESSIONAL BIOGRAPHY
AWARDS AND HONORS
Mark has been the recipient of numerous business and civic awards over the course of his career:
- Entrepreneur of the Year Award from the Greater Lansing Business Monthly, 2004.
- Governors Corporate Service Award, 2008.
- Michigan Habitat for Humanity’s Bernice Bensen Award, 2011.
- Michigan Terry R. Duvernay Award recognizing lifetime achievements of leaders in the affordable housing industry, 2013.
- Children's Advocate Award by the Children’s Trust Fund, 2016.
- Affordable Housing Finance Hall of Fame, 2017
- NonProfit Times recognizes Cinnaire as a Top 50 Nonprofit to work for, 2020.
- Crain's Detroit Business recognizes Cinnaire as one of the “Cool Places” to Work for in Michigan, 2021.
- Mark McDaniel Legacy Scholarships awards $17,500 in scholarships to Greater Lansing area graduating senior pursuing higher education, 2022.
