President & CEO, Enterprise Community Partners, a proven and powerful non-profit that improves communities and people’s lives by making well-designed homes affordable.
Terri Ludwig is president and chief executive officer of Enterprise Community Partners, Inc., a national nonprofit that creates affordable homes and strengthens communities across the United States. Enterprise has been a pioneer for innovative neighborhood solutions and community development financial products for over 30 years, having invested over $23 billion to create or preserve nearly 360,000 affordable homes. Terri is also chair of the Enterprise Community Investment Board of Directors and serves as a member of the Enterprise Community Partners Board of Trustees.
With nearly three decades of experience in investment banking and nonprofit leadership, Terri joined Enterprise in 2009 as executive vice president and chief operating officer. She began her tenure as president and CEO in January 2011.
From 2002 to 2009, Terri served as president of the Merrill Lynch Community Development Company, where she led the bank’s community development efforts, committed more than $2 billion in loans and investments, launched a successful social investment platform for Merrill Lynch’s private clients and served as a senior advisor on diversity issues. Prior to Merrill Lynch, Terri was the president and CEO of ACCION New York, the largest nonprofit microlender in the United States, whose mission is to lend small business owners the capital and support they need to achieve success. Following the Sept. 11 tragedy, Terri mobilized a team to establish the American Dream Fund, a disaster relief fund delivering loans and technical assistance to small business owners who lost their livelihoods in the disaster.
Prior to her work at ACCION, Terri launched a highly successful international sales effort for Global Foreign Exchange at Credit Suisse First Boston with offices in London, New York and Hong Kong. In addition, Terri spent eight years with Merrill Lynch in the Structured Investment and Global Foreign Exchange groups, creating global investment strategies for institutional clients, including hedge and mutual funds, central banks and corporations.
Terri was a presidential appointee to the U.S. Department of the Treasury Advisory Board for Community Development and Financial Institutions. She serves on numerous executive and advisory boards and was selected for the Social Innovation Fellowship for Nonprofit Leaders at the Stanford Graduate School of Business and the David Rockefeller Fellows Program. In 2011, Forbes Magazine named Terri to its first-ever "Impact 30 List," a roster of 30 of the world's leading social entrepreneurs.
Terri holds a bachelor’s degree from the University of Illinois at Urbana-Champaign, and a master’s degree from Harvard University’s John F. Kennedy School of Government.