Enterprise Community Partners names new CEO

September 16, 2010|By Jamie Smith Hopkins, The Baltimore Sun

Enterprise Community Partners, the Columbia-based affordable housing giant, said Thursday that it is naming a new chief executive.

Terri L. Ludwig, the group's chief operating officer, will take over Jan. 1 from Doris W. Koo. The current CEO took the position in 2007 with the intention of returning to her Seattle home in three to five years to be closer to family, Enterprise said, and will continue on staff as a senior advisor.

The nonprofit, which helps finance affordable-housing efforts, employs 450 nationally. It hired Ludwig last year after she spent seven years as president of the Merrill Lynch Community Development Co. Before that, she headed a large nonprofit micro-lender.

She is based out of the New York office, but the nonprofit does not have immediate plans to move its headquarters, a spokeswoman said. The Columbia lease is up for renewal in 2014.

jamie.smith.hopkins@baltsun.com

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