Rob Fossi, most recently of The Community Builders, has joined mid-Atlantic nonprofit affordable housing provider Enterprise Community Development as its new senior vice president of development.
In his new role, Fossi will manage the real estate development department for the seventh-largest nonprofit affordable housing developer in the U.S., focusing on new construction, renovations, recapitalizations and mixed-income projects throughout the mid-Atlantic region.
“We have a powerful platform from which to make meaningful differences in the lives of those that we serve, requiring all of us to stay sharp, nimble and fully engaged,” Fossi told Commercial Observer. “My goal is to ensure that our enormously capable team remains focused on how every aspect of our work can advance ECD’s mission in meaningful ways.”
Fossi takes over for Chris LoPiano, who left the Baltimore-based nonprofit after a decade.
“Well before my onboarding, ECD had assembled an exceptional collection of developments,” Fossi said. “There simply is no better place or time to make a lasting impact in support of the residents and communities that we serve.”
Among his three decades of experience, Fossi also served as director of community development at Fannie Mae, where he launched the Urban Deep Dive program — helping coordinate a $4 billion corporate and philanthropic response to devastating hurricanes in 2005, including Hurricane Katrina in Louisiana — and the New Orleans Local Initiatives Support Corporation program in 1992.
He noted that he feels fortunate to be centered in a region where leadership across all levels are nearly unanimous in support for producing and preserving decent, safe and affordable housing.
“ECD regularly delivers some of the most impressive ventures in the housing industry and we will never rest in efforts to improve efficiency, scale and impact,” Fossi said. “One thing that we must all challenge ourselves to do better is highlight the catalytic impact that these efforts — which include not just stable homes, but access to enhanced services, including health and wellness, educational enhancement, accessible day care, job and skills-building, and so much more — have on advancing a more just and prosperous nation.”