Leading Affordable Housing Organization Announces Expanded Executive Management Team Roles
Columbia, Md. – (May 11, 2009) – Enterprise Community Partners, Inc., a national leader in community development and affordable housing headquartered in Columbia, Md., with eight Impact Markets nationwide, today, announced the additions to its executive management team as well as expanded roles for several senior leadership members.
“I know this exceptional team will bring strong leadership and extraordinary experience to their new roles at Enterprise,” said Doris W. Koo, president and chief executive officer, Enterprise Community Partners.
The following individuals were recently elected senior vice president* of Enterprise Community Partners*. (The city listed after the executive’s name indicates the location in which the executive is based.)
Naomi Bayer (New York, N.Y.), head of National Initiatives and co-head of Innovation.
As the head of Enterprise National Initiatives, Naomi Bayer provides valued programmatic support and direction for Enterprise’s strategic priorities. Bayer also co-leads the Enterprise Innovations team, which infuses innovative solutions throughout the organization.
Lori Chatman (Columbia, Md.), president, Enterprise Community Loan Fund.
Lori Chatman oversees the daily operations of the Enterprise Community Loan Fund and leads Enterprise Community Partners’ efforts to raise and deploy capital through large-scale regional and local loan funds.
Paul Cummings (Portland, Ore.), Western Region executive.
Paul Cummings is responsible for driving the integration of production, solutions and policy efforts to deliver comprehensive and in-depth affordable housing support in low-income communities and community development solutions for large-scale impact in Enterprise’s Western region.
Michael McNeely (Columbia, Md.), chief financial officer.
Mike McNeely is chief financial officer and treasurer for Enterprise Community Partners, overseeing financial operations for Enterprise Community Partners, which includes Enterprise Community Loan Fund.
Ali Solis (Washington, D.C.), Policy and Corporate Affairs executive.
As the Policy and Corporate Affairs executive, Ali Solis oversees the areas of public policy, communications, marketing and resource development. In addition, she drives the coordination of
messaging across the organization, heads the fund-raising efforts and manages the organization's internal and external communications and marketing functions.
Faith Thomas (Columbia, Md.), general counsel.
Faith Thomas oversees the complex functions of Enterprise Community Partners’ legal department. In addition to corporate legal compliance, governance and litigation, she manages the preparation, closing and servicing of loans and grants for many of Enterprise’s national partners.
The individuals listed in the following section were recently elected vice president* of Enterprise Community Partners. Several of those listed below are leaders of Enterprise Impact Markets, which include New York, Baltimore, Washington, D.C., the Gulf Coast region, Ohio, Los Angeles, the San Francisco Bay area and the Pacific Northwest. The Impact Markets aggregate and integrate Enterprise’s affordable housing production, solutions and policy efforts to deliver comprehensive, in-depth support for lasting and large-scale impact at the local level.
Dana Bourland (Columbia, Md.), vice president, Green Initiatives.
Dana Bourland directs all aspects of Enterprise’s national award-winning Green Communities initiative. Currently, she is leading the second phase of Green Communities to specifically address retrofits of existing buildings and the comprehensive provision of community-based green services.
David Bowers (Washington, D.C.), Impact Market leader.
As the Impact Market leader for Washington, D.C., David Bowers’ work includes facilitating affordable housing and community development deals in collaboration with government agencies, lenders and for-profit and nonprofit developers in the Washington, D.C., metropolitan area.
Kimberlee Cornett (Columbia, Md.), vice president of National Initiatives and Innovation, Seniors and Vulnerable Populations.
Kimberlee Cornett oversees housing initiatives focused on vulnerable populations. In this capacity, she works with the company’s equity and debt products to finance transactions serving seniors with very low incomes and housing with supportive services.
Monika Elgert (Portland, Ore.), Impact Market leader.
Monika Elgert leads the delivery of Enterprise’s product solutions, innovations, capital and policy efforts in the Pacific Northwest. With a team centered in that region, Elgert works to evaluate regional needs and identify opportunities consistent with Enterprise’s mission.
Jeff Schaffer (Los Angeles), Impact Market leader.
As the Impact Market leader for Los Angeles, Jeff Schaffer oversees Enterprise’s programming and investment in affordable housing for the Los Angeles and other Southern California markets.
Michelle Whetten (New Orleans), Impact Market leader.
Michelle Whetten directs Enterprise’s Gulf Coast efforts, which include working with state and local officials in Louisiana and Mississippi to create effective systems for affordable housing production and implementing innovative training and technical assistance programs.
In addition to the promotions within Enterprise Community Partners, Enterprise Community Investment promoted Raoul Moore** to senior vice president and Megan Ryan** to vice president.
Raoul Moore (Columbia, Md.), senior vice president of Tax Credit Syndication.
As senior vice president of Tax Credit Syndication, Raoul Moore oversees the development and implementation of syndication’s efforts to originate, analyze, structure and acquire Low-Income Housing Tax Credit (LIHTC) developments throughout the United States for Enterprise’s national and regional funds.
Megan Ryan (Columbia, Md.), vice president of Capital Markets.
As a vice president of Capital Markets, Megan Ryan leads new business development for Enterprise’s LIHTC equity product and manages several key LIHTC investor relationships for the company.
“We are thrilled that Enterprise continues to benefit from the talents and dedication of such distinguished colleagues,” said Charles Werhane, president and CEO, Enterprise Community Investment. “We are especially proud to be nurturing and growing our leaders from within Enterprise.”
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* Additional biographical information on the executives with Enterprise Community Partners listed in this release.
** Additional biographical information on the executives with Enterprise Community Investment listed in this release.
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Enterprise is a leading provider of the development capital and expertise it takes to create decent, affordable homes and rebuild communities. For more than 25 years, Enterprise has introduced neighborhood solutions through public-private partnerships with financial institutions, governments, community organizations and others that share our vision. Enterprise has raised and invested more than $10 billion in equity, grants and loans to help build or preserve more than 250,000 affordable rental and for-sale homes to create vital communities. Enterprise is currently investing in communities at a rate of $1 billion a year. Visit www.enterprisecommunity.org and www.enterprisecommunity.com to learn more about Enterprise’s efforts to build communities and opportunity. |
