Enterprise’s Equitable Path Forward reached its $350 million Growth Fund goal in just one year, enabling investment in affordable housing providers of color nationwide.
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Enterprise in the News
In a Federal Reserve Bank of Richmond news release, Brian McLaughlin, president of Enterprise Community Development, Inc., was appointed by the Board of Governors to the Baltimore board.
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Enterprise has named Lori Chatman president of its Capital Division, which oversees the full suite of Enterprise's equity, debt and tax credit products to the affordable housing and community development industries.
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Real estate developers of color in Nashville, Tennessee, Northern Virginia and Washington state’s Puget Sound region are eligible for organizational capacity building and project-related grants from Enterprise through a $5 million grant from The Amazon Housing Equity Fund.
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Enterprise's Southern California market was selected by Citi Foundation as a recipient of the Community Progress Makers initiative, which supports visionary organizations working to connect low-income communities and communities of color to greater social and economic opportunity.
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BMO Harris Bank Managing Director and Group Head of Community Investments Carl Jenkins recently joined the board of trustees of Enterprise Community Investment.
Enterprise in the News
The push for decarbonization and electrification must center equity to prevent major cost burdens for people living in affordable homes, says Enterprise VP of National Initiatives Krista Egger: “Equitable electrification and decarbonization is not inevitable unless we act proactively.”
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Enterprise closed Enterprise Housing Partners Funds XXXVI and XXXVII, two Low-Income Housing Tax Credit funds, totaling $365 million from 17 investors.