News and public policy move quickly, and keeping you up to date is a top priority. Subscribe to News From Enterprise to have updates like this sent straight to your inbox.
The Low-Income Housing Tax Credit (Housing Credit, or LIHTC) is a model public-private partnership built on a “pay-for-success” model. The Housing Credit (LIHTC) is responsible for financing nearly all affordable housing development in the U.S. Housing simply costs too much to build for owners to charge rents that are affordable to low-income households without an incentive like the Housing Credit (LIHTC).
Since 1982, the impact we’ve made is clear. We’ve invested $72 billion and created 1 million homes in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Join us to make our greatest impact yet.
To help address racial disparities in capital access within the affordable housing industry, Enterprise is pleased to launch Equitable Path Forward: New York Grants, a program designed to help for-profit NYS Affordable Housing Development and Management owned by BIPOC or other historically marginalized groups, accelerate their development pipeline and help fortify their development or property management infrastructure.
We bring a full range of capabilities across capital, policy leadership, community development, advisory services and program design into everything we do to maximize our impact.