Brian McLaughlin has been named president and chief executive officer of Enterprise Community Development (ECD), a new organization that brings together two developers and managers of affordable, well-designed homes: Community Preservation Development Corporation (CPDC) and Enterprise Homes, Inc.
When fully combined by Jan. 1, 2020, ECD, a subsidiary of Enterprise Community Investment, will rank among the top five nonprofit owners of affordable housing properties nationwide, comprising more than 100 properties with nearly 14,000 homes.
Based in Baltimore and in Silver Spring, Maryland, McLaughlin will join ECD on Aug. 19.
McLaughlin has 22 years of diverse experience managing real estate business lines across the nonprofit, public and for-profit sectors. He began his career working in the nonprofit community development field in Boston and later in York, Pennsylvania, where he spearheaded a 200,000-square-foot, mixed-use development and helped build Low-Income Housing Tax Credit- and Historic Tax Credit-supported housing.
He later served as assistant secretary of Maryland’s Department of Housing and Community Development where he led the state’s largest and primary division of government responsible for neighborhood revitalization programs and investments.
McLaughlin has held various positions at Fannie Mae, from multifamily underwriting, to leading the company’s short sale product line, to special assistant to the company’s president and CEO. McLaughlin is also the founding CEO of Lantian Development, a Maryland-based private equity, real estate investment and development company. He is an honors graduate of Duke University with a master’s degree in City Planning from MIT and a master’s degree in Economics from American University.