Vice President, Syndication Funding

Company: Cinnaire Corporation

Locations: Lansing, MI; Detroit, MI; Grand Rapids, MI; Chicago, IL; Indianapolis, IN; Madison, WI; Wilmington, DE

Job Function: Investment


Who we are
Cinnaire is a mission-driven organization. Our team of more than 150 individuals are united by our core purpose. As dedicated problem solvers, we start each day thinking ‘what kind of difference can we make in people’s lives today?’ and then go about revitalizing communities, empowering individuals and creating economic opportunities.

What we do
We get involved. We spend time on the ground in the communities we serve, getting to know the people, understanding their challenges, and devising out-of-the-box solutions. Ours is a people-first approach to advancing communities. As a community development financial organization, we provide creative capital solutions to projects with high social value that may not otherwise receive support from traditional financial institutions. Our toolkit of services includes programs that lend funds, finance development and manage and build all the components of strong, vibrant communities.

How we do it
We help community development organizations, lending partners and socially motivated investors accomplish goals in underserved communities. We fill gaps in community development funding by leveraging capital from public and private sector organizations and bringing expertise to communities that need it most.

Where we serve
Since 1993, Cinnaire has funded affordable housing developments and community development initiatives throughout the Midwest and Mid-Atlantic states. Headquartered in Lansing Michigan, we have offices in Detroit and Grand Rapids, MI:, Milwaukee and Madison, WI; Chicago, IL; Indianapolis, IN; and Wilmington, DE, while providing financial and development support across our nine-state footprint including Michigan, Wisconsin, Minnesota, Indiana, Illinois, Pennsylvania, New Jersey, Delaware and Maryland.


The Vice President, Syndication Funding raises equity capital and manages investor relationships for Cinnaire’s Low Income Housing Tax Credit (LIHTC) funds.


  1. Cultivate new investor relationships and maintain existing relationships.
  2. Sources new investors in targeted markets and conducts sales pitch meetings.
  3. Manage distribution of fund marketing materials and offering documents to existing and potential investors.
  4. Collaborate with the marketing team in the development marketing materials and investor due diligence presentation materials.
  5. Manage tracking of all investor communications and distributions throughout all stages of investment cycle
  6. Help create LIHTC funds through collaboration with the business development team and fund operations team.
  7. Monitor competitive position in LIHTC marketplaces concerning business terms, pricing decisions, investor appetite and legislative changes.
  8. Represent Cinnaire externally with investors, developers, and industry partners to promote our affordable housing mission and impact.
  9. Manage proprietary investor relationships and market individual tax credit projects to investors.
  10. Manage communications with investors and respond to investor inquiries.
  11. Collaborate with the Cinnaire operations team to coordinate the closing process.
  12. Establish an understanding of an investor’s goals.


Qualifications and Skills:

  • Bachelor’s degree in business, finance, real estate or related fields and 5 or more years of housing, community development, or real estate finance experience.
  • The ability to communicate effectively in person and in writing with investors, colleagues and external partners representing different disciplines and backgrounds.
  • A network and relationships with banks and insurance companies focused in the LIHTC space.
  • 5+ years of experience in LIHTC equity syndication and experience raising capital and managing investor relationships.
  • An understanding of affordable housing finance and a commitment to Cinnaire’s mission of revitalizing communities are necessary.

Key Competencies:

  • Perseverance: Accepts uncertainty by remaining focused and engaged on assignments; looks for plausible solutions to difficult problems.
  • Insight to Action: Act on conviction and advance from concept to implementation towards a goal; draw upon knowledge and professional judgement to orchestrate the steps required to get results.
  • Customer Focus: Stay ahead of customer needs and use insight to develop and/or modify client services.
  • Leadership: Demonstrate leadership through actions; create a culture of accountability.
  • Diversity Awareness: Identifies the benefits and advantages of harnessing the collective insights from various individuals in the organization.

Reporting Relationship: Reports to SVP, Syndication Funding Lead

Supervisory Relationship: None

Physical Requirements:

  • Ability to work on a computer for extended periods of time.

Travel Required: 30 – 40%

Compensation and Benefits

Cinnaire offers a competitive compensation package.

Benefits Offered:  Medical, Health Reimbursement Account, Flexible Spending Accounts (medical and dependent care), Dental, Vision, Life Insurance, Accidental Death & Dismemberment, Long-Term Disability, Employee Assistance Plan, Pet Insurance, Identity Theft Protection, Paid Mobile Phone Service, Unlimited PTO, Incentive Compensation, 403(b) Plan, and Profit-Sharing Plan.

How to Apply


Cinnaire provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, status as a Vietnam-era or disabled veteran or any other characteristic protected by law. Cinnaire complies with all applicable federal, state, and local laws, regulations and ordinances prohibiting employment discrimination. Cinnaire is committed to the full inclusion of all qualified individuals. As a part of this commitment, Cinnaire is dedicated to providing access, and reasonable accommodation in its services, programs, activities, recruitment and employment for qualified individuals with disabilities.