Enterprise Community Partners Names New Detroit Market Leader
Melinda Clemons leads Enterprise’s work to create healthy, equitable communities through cross-sector partnerships, innovative financial solutions and policy advocacy
“Melinda’s experience and commitment to diversity, equity and inclusion is a tremendous asset for our work in Detroit and to our local partners,” said Keith Fairey, senior vice president of markets, Enterprise. “Her leadership will help us expand our impact through cross-sector partnerships, innovative financial solutions and policy advocacy that address the unique needs of the local communities.”
Clemons joined Enterprise as senior director in April 2018 and quickly made an impact, leading the first year of the Enterprise Sustainability Exchange (ESE) in Detroit. The ESE builds the capacity of community development professionals to advance environmental sustainability and resiliency.
Clemons introduced Opportunity360 in Detroit, advancing the use of Enterprise’s online platform for understanding and addressing community challenges through cross-sector data, community engagement and measurement tools. Michigan was the first state to adopt Opportunity360 in its Qualified Allocation Plan, which is used to select affordable housing developments to move forward each year.
Clemons also led Enterprise’s capacity building and grantmaking program for community housing development organizations in Detroit, ensuring that women- and minority-run community development corporations were represented to advance racial equity in the grant selection process.
A 2017 Opportunity Finance Network Fellow focused on facilitating greater equity, diversity and inclusion nationwide, Clemons has spent the majority of her career rebuilding communities. Prior to Enterprise, she was Detroit Market Lead for Capital Impact Partners, where she managed several $30 million loan funds and created the Equitable Development Initiative, a program to support Detroit developers of color. Before that she was responsible for lending activities at Urban Partnership Bank and JPMorgan Chase.
She now serves on the Invest Detroit Loan Committee, Detroit Development Fund Loan Committee, and Senior Housing Preservation Coalition – D. Clemons received her MBA and bachelor’s degrees from the University of Michigan, named “A Woman of Excellence” by Michigan Chronicle and recognized in “50 Names to Know in Real Estate” by Crain’s Detroit Business.