No family should have to choose between buying groceries or making rent. Yet America’s affordable housing shortage runs nearly 7 million homes deep — for every 100 families who need them most, only 37 affordable homes are available.

To families struggling, the shortage of affordable rental homes isn’t a headline. It’s an everyday reality.

The production (new construction) of affordable homes is essential. Yet we can’t only build our way out of the housing crisis. That’s where preservation comes in. It means making sure the affordable homes we do have remain affordable.

The kids came running in and we all laughed and cried. I told them it was going to be all right. We were going to move in.
Johnna Blocker, resident of Rolland Curtis Gardens in Los Angeles, an Enterprise-financed property
Preservation and Production
Enterprise is fighting to create and preserve affordable places to live.

Preservation and Eviction Prevention

With our comprehensive approach and local programs and partnerships, we support both residents and landlords with protections to prevent evictions and keep rental homes affordable.

Development, Property Management, and Resident Services

As a fully integrated developer and owner, we design, develop, and manage affordable homes and communities with residents’ needs at the center.

Faith-Based Development

We create partnerships among houses of worship, developers, and public and private funders to create affordable homes and community facilities.

Housing Affordability Breakthrough Challenge

Led by Enterprise and made possible by the generous support of Wells Fargo, the challenge is elevating and transforming housing affordability innovations into real solutions.

Tribal Nations and Rural Communities

We provide funding, training, and technical assistance to partners on the ground to produce and preserve affordable homes on tribal lands and in rural communities.

Building Conversion

Together with government, nonprofit, and philanthropic partners, we support the conversion of hotels, motels, apartments, and office buildings into affordable homes and services for people who have been homeless.

Products for Investors

We’re here for impact — we’ve invested $92.0 billion to help preserve and produce 1.1 million affordable homes.

Financing for Developers

We offer products for every stage of development, so you and your team can build and preserve more good homes and strong communities.

Rural Rental Preservation Academy

A series of no-cost trainings and peer-learning sessions designed to help rural housing providers and nonprofits acquire and preserve subsidized and affordable multifamily housing.

Protect the homes people rely on today—before they’re lost tomorrow.
Our first-ever preservation equity fund delivered: 2,488 homes protected, $35M invested, and affordability extended by an average of 23 years. Dig into our sister reports for a comprehensive look at the fund’s performance and deep social impact.

Disclaimer: Past performance and impact achievements do not guarantee future results. There is no assurance that investment strategies will successfully achieve their stated social or mission-oriented goals.

Meet Our Team

Jennie Rodgers headshot

Jennie Rodgers

VP, Market Leader for Rocky Mountain, Tribal Nations, and Rural Communities
David Bowers, vice president of Mid-Atlantic market and senior advisor of Enterprise Faith-Based Development Initiative, headshot

David Bowers

VP and Market Leader, Mid-Atlantic and Sr. Advisor, Faith-Based Development Initiative