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Investing in Communities Along the Purple Line cover image

Investing in Communities Along the Purple Line: 2024 Capital Needs Analysis

April 25, 2024

With the Purple Line projected to open in late 2027, Enterprise commissioned a Capital Needs and Nonprofit Capacity Analysis to determine what resources are still needed to meet the Purple Line Corridor Coalition’s goal of 17,000 affordable homes.

Preservation and Production

Preservation

Preservation Equity

Mid-Atlantic

Housing Stability

Report

An apartment leasing center modeled as a home with trees on both sides and flags in the front

Preservation Fund I Report

December 17, 2025

By:

Amanda Davis

Sam Giffin

The Preservation Fund I Report offers a retrospective view of Enterprise’s first-ever preservation equity fund, launched in 2013 and fully realized in 2024, and its impact.

Preservation

Report

Affordable Housing Preservation: Finance, Funding, and Policy Solutions for Small and Medium Multifamily Housing

December 5, 2025

An in-depth report featuring finance, funding, and policy solutions designed to preserve small and medium multifamily affordable housing. The report demonstrates that successful preservation requires flexible financing, cross-sector partnerships, technical assistance, and strong local networks.

Preservation

News

Enterprise Community Development Closes on Park Montgomery and Park Montgomery West Apartments in Silver Spring

Enterprise has closed on the financing for the development of 76 new affordable apartments, Park Montgomery West, and the renovation of the 141-unit Park Montgomery Apartments, an existing apartment community located at 8860 Piney Branch Road in Silver Spring, Maryland.

November 28, 2023

Preservation

Fair Housing

Resident Success

Development, Property Management and Resident Services

Preservation Equity

Mid-Atlantic

News

Enterprise Community Development Closes on Financing for Edgewood Commons V, Affordable Senior Housing in NE Washington, D.C.

Enterprise has closed on financing for Edgewood Commons V, consisting of nearly 800 affordable homes and part of the larger Edgewood Commons campus located in Northeast Washington, D.C.

December 4, 2023

Preservation

Green Communities

Health and Housing

Development, Property Management and Resident Services

Preservation Equity

Mid-Atlantic

Enterprise In the News

Aerial view of apartment buildings and trees

Think Big & Invest Boldly in Homes Near the Purple Line

Enterprise looks forward to working with stakeholders to raise and invest the necessary resources by 2027 to make housing stability and affordability a reality for another 6,900 households living near the Purple Line.

May 20, 2025

Preservation and Eviction Prevention

Preservation

Preservation Equity

Mid-Atlantic