Enterprise is pleased to announce $540,000 in grants to 11 Colorado affordable housing organizations through the HUD Section 4 Capacity Building program.
Section 4 helps build the organizational capacity of nonprofits so that they can produce housing, preserve affordability and improve outcomes for low-income communities. Since 2014, Enterprise has distributed nearly $3 million to community development groups in Colorado through the program.
Some of this year's Section 4 grantee projects include:
- Family Tree will provide staffing support and technical assistance in partnering with a housing developer to create new, much-needed permanent supportive housing units on Family Tree-owned land.
- Hope Communities will hire a program manager to support its housing stability efforts and reconfigure its post-incarceration programs. Funds will also allow for the extension and strengthening of onsite programs and services for adults and youths, to help ensure equitable access to resources.
- Restoration Christian Ministries will work with consultants to develop a 4% Low-Income Housing Tax Credit (LIHTC) application and identify other funding sources for a 150– to 200-unit affordable housing project while building a team with community development partners.
Please join us in congratulating all this year’s grantees: