Housing Credit Investments


Enterprise works with developers to finance new construction, rehabilitate existing properties and create mixed-use developments. We provide partners with reliable, flexible underwriting and competitive pricing.

Here is a sampling of our Housing Credit Investments portfolio. Our cumulative portfolio includes approximately 2,350 projects nationwide.




Hotel Essex
San Francisco

Constructed originally in 1912, the seven-story Hotel Essex is being converted into 84 one-bedroom apartments for homeless individuals with disabilities. The building will also feature 3,000 square feet of street-level commercial space and 5,500 square feet of community facilities.

jw-apts-100x100.jpg James Wood Apartments
Los Angeles

JW Apartments consists of two newly constructed apartment buildings with a total of 61 units near downtown Los Angeles. The project is targeted towards low-income families and the property includes a child care center with space for 24 children.

Plaza Apartments
San Francisco

The Plaza Apartments consists of 106 new units of one-bedroom apartments in a nine-story building. The ground floor will contain retail. The remaining floors will house full studios with a full bath and kitchen.

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Central Park at Stapleton

This rental development in Denver is designed to provide affordable units for households making less than 50 percent of the area median income, while also incorporating principles of sustainable design and green building standards.

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myers-place-100x100.jpg Myers Place
Mount Prospect, Ill.

Myers Place, built to meet LEED for Homes standards, will offer 39 affordable apartments for individuals who are formerly homeless and have a physical disability and/or suffer from mental illness. A comprehensive state-funded supportive services program for residents and 3,000 square feet of commercial space will also be provided on site.
new-holland-100x100.jpg New Holland Apartments
Danville, Ill.

The New Holland Apartments building offers 46 affordable apartments, 12 of which are reserved for formerly homeless individuals with special needs. The new apartments are located in a renovated National Registered Historic Building that was abandoned and in disrepair.

Washington Park

The Washington Park YMCA will be redeveloped as a 63-unit, single-room occupancy building with state-of-the-art green features. The redevelopment will help preserve economic diversity and promote environmental consciousness in the Grand Boulevard community.

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new-shiloh-village-100x100.jpg New Shiloh

New Shiloh Village, which is being built on a former church parking lot, will provide 80 units of quality affordable rental housing for low- and moderate-income seniors.

Takoma Park Preservation
Takoma Park, Md
Seventy-five families in jeopardy of losing their housing to the condo boom kept their rental homes in four buildings through Takoma Park Preservation. Residents also received updated plumbing and electrical systems, refurbished exteriors and all-new kitchens and bathrooms.

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franklin-hill-100x100.jpg Franklin Hill
Dorchester, Mass.

Franklin Hill created 266 affordable rental units and 50 homeownership units. Twenty-four affordable homes are townhouse-style units.
greenway-apts-100x100.jpg Greenway Apartments
East Boston, Mass.

Enterprise partnered with East Boston Community Development Corporation and its financial consultant, Affirmative Investments, to develop 27 units of affordable rental housing along the East Boston Greenway.
jamacian-plains-100x100.jpg Jamaica Plains Apartments

Jamaica Plain Apartments involves the rehabilitation of 18 units of family rental units in four buildings on scattered sites in Boston’s Jamaica Plain neighborhood. The properties needed substantial improvements and the co-op joined with Jamaica Plain Neighborhood Development Corporation (JPNDC), the project sponsor, to rehabilitate the properties. The project qualifies as a Transit-Oriented Development due to its proximity to fixed rail and high frequency bus routes. The buildings include improvements for energy efficiency and incorporate “green” features.

The Levedo Building
Dorchester, Mass.

The Levedo Building is a 24-unit, new construction, eco-friendly transit-oriented housing development located in the Codman Square neighborhood of Dorchester. Codman Square Neighborhood Development Corporation (CSNDC) is the developer and sponsor. The project serve as an anchor to what will be a vibrant transit-oriented area. A new commuter rail station recently opened within two blocks of the property.

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Westland Meadows Apartments
Kalamazoo, Mich
Westland Meadows Apartments is an affordable apartment community for low-income elderly residents of Kalamazoo. It was originally constructed in 1982 and consists of nine two- and three-story residential buildings. The buildings feature 141 one-bedroom and nine two-bedroom apartments and a community building for resident services.

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cherry-ridge-100x100.jpg Cherry Ridge
Mankato, Minn.

In one building Cherry Ridge offers34 one-bedroom units, 43 two-bedroom units and six three-bedroom units of affordable housing.
park-ave-100x100.jpg Park Avenue Apartments

Lutheran Social Services is developing a campus that will include 14 apartments for individuals who have been homeless for a long time, 34 affordable apartments and anoffice and service space. Rainwater will be captured on-site for use as irrigation. Overall, the property has high goals for energy efficiency.
viking-terrace-100x100.jpg Viking Terrace
Worthington, Minn
The Viking Terrace Apartments is an affordable 60-unit HUD Section 236 apartment building located in the rural community of Worthington. Constructed in 1978, the project involves the extensive redevelopment of three buildings of one, two, and three-bedroom apartments. Back to top



Southern Lights
Billings, Mont
The Southern Lights apartments are designed for efficiency and accessibility and include a mix of one- to four-bedrooms. A variety of floor plans ranging from one-story flats to two-story townhomes are available.

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New Jersey


Trenton Prospect House
Trenton, N.J.

As part of Trenton’s revitalization efforts, the Community Preservation Corporation planned Trenton Prospect House for people age 55 and older. The 97,000-square-foot housing development will be constructed on a two-acre lot, which is the site of a demolished warehouse.

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New York

dinkins-gardens-100x100.jpg David & Joyce Dinkins Gardens
New York

Dinkins Gardens provides homes to families earning less than 60 percent of the area median income and youth aging out of foster care. The property offers 28 studio, 24 one-bedroom and 33 two-bedroom apartments. It also includes a 2,500-square-foot community facility to house a program that teaches local residents skills in the construction trades and building maintenance industries.
diversity-houses-100x100.jpg Diversity Houses
New York

Diversity Houses is named to reflect the historic neighborhood on the lower east side of Manhattan where it is located. Many immigrant families settled in the area in the 1800s and 1900s and many European, Asian, Italian and Latin American New Yorkers can trace their roots to the neighborhood.
intervale-green-100x100.jpg Intervale Green

Thirty years after the Bronx looked like a bombed-out war zone, the intersection of Intervale Avenue and Louis Nine Boulevard has become a haven for low-income and formerly homeless families.
hanac-astoria-100x100.jpg HANAC Astoria Senior Housing at the George T. Douris Tower

Douris Tower is a new, mixed-use community with affordable housing for seniors and commercial space for the services that support them. The completed development includes 183 one-bedroom apartments for seniors earning up to 60 percent of the area median income, a senior center and a health care facility.

Serviam Gardens

A newly-constructed community of affordable homes for low-income seniors in the Bedford Park neighborhood of the northwest Bronx. The community provides seniors with access to essential services and an opportunity to live independently as well as in close proximity to family, friends and familiar neighborhoods.

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New Mexico

azotea-apts-100x100.jpg Azotea Senior Apartments
Alamogordo, N.M.

Azotea Senior Apartments is the new construction of a 60-unit development that features 14 one- and two- story buildings containing 24 one-bedroom and 36 two-bedroom apartments.

Chuska Apartments
Gallup, N.M.

Chuska Apartments is a 30-unit new construction property with six residential buildings and a community center. The buildings are organized in clusters around a communal space and are divided into two elongated courtyards. The project features energy-efficient design with a one-story floor plan and built-in ventilation.

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Tremont Pointe

Tremont Pointe is a mixed-income green HOPE VI redevelopment project on the site of a former public housing complex. It features 190 units plus 3,000 square feet of community space.

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clara-vista-100x100.jpg Clara Vista
Portland, Ore.

Clara Vista Townhomes is the new construction of 44 townhomes that will provide 34 three-bedroom and 10 four-bedroom units in seven two- and three-story buildings located in two locations.
lincoln-woods-100x100.jpg Lincoln Woods
Portland, Ore.

Lincoln Woods, winner of an Award of Excellence from the state of Oregon in 2007, includes four buildings encircling a central courtyard with a sheltered playground and comfortable community space. It consists of 18 one-bedroom apartments, eight two-bedroom, 29 three-bedroom, 13 four-bedroom and two five-bedroom apartments.
linving-on-track-100x100.jpg Living on Track
Medford, Ore

Living on Track is a two-site development that will house 63 units of supportive housing. The development will provide 18 one-bedroom, 41 two-bedroom, and four three-bedroom units. Supportive services will be provided to the residents, who will be adults with developmental disabilities in recovery from drug and alcohol issues, the chronically ill, formerly homeless individuals and victims of domestic violence.
oleson-woods-100x100.jpg Oleson Woods
Portland, Ore.

The Oleson Woods Apartments is 32 newly constructed one-, three-, and four-bedroom townhouse and flat style units housed in six residential buildings.
royal-100x100.jpg Royal Building
Springfield, Ore.

Royal Building is a new, five-story, mixed-use building in Springfield, Ore., with 4,400 square feet of commercial space and 33 residential units on the four floors above the commercial space. It is designed for low-income individuals, couples and families.

Village at the Headwaters
Portland, Ore.

Village at the Headwaters, a four-story building, consists of 35 one-bedroom apartments and 21 two-bedroom apartments. The residents are all age 55 and older who live alone or as a couple. Each apartment has a full kitchen and bathroom, a deck, storage space and a front-loading washer and dryer.

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powelton-heights-100x100.jpg Powelton Heights

Powelton Heights involves the new construction of 48 one- bedroom units in one four-story building in West Philadelphia.


Temple II

Temple II includes 29 rehabilitated historic townhomes in North Philadelphia.

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Randolph Place
Richmond, Va.

Randolph Place is a moderate rehabilitation of an existing senior housing complex located in an historic school building featured on the National Register of Historic Places.

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braodway-crossing-100x100.jpg Broadway Crossing

Home to 44 affordable apartments in Seattle’s historic Capitol Hill neighborhood, Broadway Crossing was not part of the original plan for the corner of Broadway and East Pine Street. The initial proposal called for a single-story drugstore, but area residents instead asked for a taller, denser project to provide housing for low-income residents.
denny-park-100x100.jpg Denny Park

Denny Park Apartments is the new construction of 50 units of affordable housing serving families in the South Lake Union area of Seattle. Rental units will include studios and one-, two-, and three-bedroom apartments.
high-point-phase-I-100x100.jpg High Point

High Point consists of 320 newly built homeownership units and 459 rental units in West Seattle. All but 115 of the rental units are syndicated with LIHTC. These one- to five-bedroom units are contained in 127 buildings.
laurel-village-100x100.jpg Laurel Village
Bellingham, Wash.

Laurel Village involves the construction of 51 housing units on the site of an old railroad roundhouse and repair shop on a bluff overlooking Bellingham Bay. It will include 24 one-bedroom, 15 two-bedroom and 12 three-bedroom apartments in three buildings with underground parking.

Reino del Cielo
Royal City, Wash.

Reino del Cielo is a newly constructed community of affordable homes for farm worker families.

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Parmenter Circle
Middleton, Wis.

Parmenter Circle contributes to the revitalization effort underway in Middleton’s downtown area. The property provides four efficiencies, three studio lofts, 16 one-bedroom, 23 two-bedroom and four three-bedroom apartments.

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