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.
Our Social Return on Impact report showcases stories of impact and resilience of some of the residents of HopeWorks, a housing and jobs training development in the Pacific Northwest. Read how this uniquely innovative project, supported by impact investments from Enterprise, is helping people who once experienced homelessness regain stability.
Enterprise’s Preservation Next Academy is a series of publicly available, no-cost virtual training sessions designed to assist affordable housing developers, practitioners, and advocates with guidance to acquire, rehabilitate and preserve the affordability of homes located in unsubsidized small- to medium-multifamily (SMMF) properties, prevent displacement of residents at risk of eviction, and advocate for preservation minded policies, programs, and resources.
Enterprise is collaborating with FIHPP technical assistance (TA) partners –The California Community Land Trust Network, Community Vision, and Genesis LA - to provide a webinar series and individual TA as prospective borrowers gear up for the release of FIHPP funds. Sessions will be accompanied by guidance and template documents that will help mission-driven developers prepare for participation in the program, as well as long-term success as stewards of affordable housing.
“Use what you have” sounds simple. But in the affordable housing realm, preservation is an innovative strategy – the most cost-effective, sustainable way to protect and expand access to rental homes and preserve affordability where it exists.
The Permanent Affordability Commitment Together (PACT) program, created by New York City Housing Authority (NYCHA) leveraging the federal Rental Assistance Demonstration (RAD) program, was introduced to help renovate many public housing developments in dire need of restorations without placing the cost of such improvements solely on NYCHA.
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.