Senior Vice President & Chief Financial Officer | Enterprise Community Partners
Enterprise Community (Enterprise) is a family of companies whose mission is to create opportunity for low- and moderate-income people by creating well-designed homes made affordable with a variety of sources of financing. Enterprise brings together the people and resources to create affordable homes and strong neighborhoods that provide opportunity for people. This is achieved through a combination of capital products, on-the-ground solutions, policy advocacy efforts and building partnerships and networks with other like-minded organizations.
Today, Enterprise has total assets in excess of $700 million and net assets in excess of $250 million. Through its family of companies, Enterprise employees over 1,000 people in more than 25 states across the country. Annual revenues exceed $200 million. Enterprise provides over $7 billion annually in equity and/or debt financing through its capital products. These products include equity financing utilizing low-income housing tax credits, new markets tax credits and investments in housing through funds offering cash returns. Enterprise offers mortgage loans for multifamily housing and other community projects through Bellwether Enterprise and its community development financial institution (CDFI).
EHI, a 501(c)(3) corporation located in Baltimore, MD, creates thoughtfully-planned communities that deliver exceptional value and quality of life. EHI has developed and/or owns communities that include more than 11,000 homes throughout the Mid-Atlantic region. In 2018, CPDC, a 501(c)(3) corporation based in Silver Spring, MD, which has developed and/or rehabilitated 5,000 apartment homes, joined in a strategic alliance with ECI, and will merge with EHI in 2020. Both organizations have successfully combined a variety of public and private financing to produce and preserve high quality homes for people from all walks of life. In 2017, EHI purchased a 4,153-unit affordable portfolio and took on a highly-successful property management group, creating R Home Communities (R Home). R Home manages over 6,700 apartment homes and will manage over 13,000 units by 2021. Given the robust growth of EHI and CPDC, we are seeking a Chief Financial Officer (CFO) to play a prominent role in the strategic financial direction of both companies, and the combined organizations in 2020.
The CFO will serve as a senior-level strategist to optimize Enterprise’s mission, strategic direction and business outcomes with data-driven analysis and financial expertise. This role must bring a combination of financial knowledge, people skills and creativity to solve challenges facing the organization and to pursue opportunities for growth. This position also serves in a fiduciary role by ensuring that financial controls are designed and operated in a manner that safeguards the assets of Enterprise and the investment funds/partnerships it manages. The CFO must also be able to communicate clearly and concisely the financial outcomes of operating activities, provide information and trending that informs decision-making and assist executive management in applying the information to future business strategies.
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