Shaun Donovan, former secretary of the Department of Housing and Urban Development (HUD), will become CEO and president of Enterprise Community Partners.
He brings nearly 30 years of experience in housing policy and community development to the post. Donovan served as the nation’s top housing official from 2009 to 2014 and then became director of the Office of Management and Budget during the Obama administration. Earlier, he was commissioner of the New York City Department of Housing Preservation and Development.
“Coming to Enterprise is, in a way, coming home for me,” Donovan said in a statement. “Housing touches everything in a person’s life. A good education, a good job, a healthy, prosperous life—all of it revolves around having a safe, stable place to live. Unlike any other time in my life, housing affordability is on the national radar. It's a moment I’ve been preparing for throughout my whole career. I am honored to work with my new colleagues, our partners, developers, and investors to achieve our shared vision of a country where home and community are stepping stones to so much more.”
After a mayoral run in his hometown of New York City, Donovan was named a senior fellow by the Ford Foundation in 2022 and serves as a trustee of the Urban Institute, Regional Plan Association, Greater NY, and Rethink Food, as well as on the advisory board of Opportunity Insights.
Former Enterprise president and CEO Priscilla Almodovar departed last year to become CEO of Fannie Mae.
When Donovan assumes leadership Sept. 1, interim co-CEOs Lori Chatman and Drew Warshaw will continue to serve in their roles as president of Enterprise’s Capital division and chief operating officer, respectively.
“If you want someone who understands the nation’s current state of housing and where we need to go—the history; the challenges we face at the local and state level; the public, private, and philanthropic levers that need to be pulled in order to build a better future—Shaun Donovan is the right leader at the right moment,” said Enterprise board chair Rick Lazio. “Shaun is a visionary with the strategic acumen, knowledge, and reach to leverage the platform Enterprise has built over 40 years to create a country where an affordable home is possible for all.”