Enterprise Community Partners Enterprise helps build affordable housing for low-income Americans by providing financing and expertise to community
and housing developers. Every 80 minutes, someone moves
into
a house we helped create. Enterprise Community Partners
is a national nonprofit that provides loans, grants and information resources. Our for-profit subsidiary, Enterprise Community Investment, offers tax credit financing and asset management services.Pictured at left: The courtyard at Broadway Crossing, Seattle,
a Green Communities project.
Photo by: Stefanie Felix.
Taking Stock, Facing New Frontiers
Enterprise reviews the year’s highlights and looks to the future in the newly released 2007 annual report: Enterprise at 25: Lead with Ideas. Demonstrate with Action. Transform with Capital. Sustain with Policy and Partners. From steering the drive for green, sustainable development to playing a pivotal role in rebuilding the Gulf Coast, Enterprise helped create more than 25,000 affordable homes and invest
$1 billion in U.S. communities last year.
Noteworthy
Bush Signs Housing and Economic Recovery Act of 2008 On July 30, President George W. Bush signed the Housing and Economic Recovery Act of 2008 into law. The legislation includes nearly $4 billion in one-time, emergency neighborhood stabilization funding. The bill will create housing trust and capital magnet funds. The legislation also includes a set of important provisions modernizing the Low-Income Housing Tax Credit (LIHTC) program, which is the nation’s largest affordable rental housing production program.
Read the statement from the Enterprise Community Partners on the legislation.(PDF, 26K)
Inaugural Bart Harvey Enterprise Fellow Named
Enterprise has selected UCLA School of Law graduate My Trinh(PDF, 1.7MB) as the first recipient of the Bart Harvey Enterprise Fellowship. Named in honor of Enterprise’s former chairman and CEO, the two-year fellowship exposes rising professionals to the spirit and mission of Enterprise’s affordable housing and community development work. Trinh brings an extraordinary commitment to public service. A former legal aid volunteer, Trinh helped set up law clinics to protect the rights of low-income tenants, immigrant communities and disadvantaged workers. Read more.