Enterprise closed Enterprise Housing Partners Funds XXXVI and XXXVII, two Low-Income Housing Tax Credit funds, totaling $365 million from 17 investors.

Enterprise and Morgan Stanley launched the Disaster Recovery Accelerator Fund, a $25 million initiative for affordable, multifamily rental properties.

John Sullivan of Enterprise Community Partners, a national housing advocacy nonprofit, said the Mississippi program for rental assistance was not going well, but that these types of programs are not going particularly well anywhere across the country.

Eight local organizations will share the CDO Fund’s first $750,000 in philanthropic funding, using it to enhance their work and support their communities throughout the recovery from Covid-19. The CDO Fund is part of Enterprise’s Equitable Path Forward initiative to dismantle the deeply-rooted legacy of systemic racism in housing and community development.

It starts with design: good resident services programs work with families to develop the programs and services offered, rather than dictating to them what they need.

The estimated rental need is based on Enterprise Community Partners’ analysis of economic forecasts from the University of Louisiana at Lafayette, as well as unemployed assistance currently offered to households.

On Tuesday, the Louisiana Association of Affordable Housing Providers and Housing Louisiana sent a letter to the Governor’s Office to request additional funding for rental assistance for the remainder of the year.

This year’s Enterprise Faith-Based Development Initiative^SM summit focuses on progress made on the public policy front to support faith-based development at all levels of government.