Enterprise Community Development, a leading nonprofit affordable housing provider in the Mid-Atlantic, has successfully closed on $19.5 million in financing for Green Park Apartments, a new 43-unit affordable housing community in Richmond’s Highland Park neighborhood.
Enterprise Community Development, a leading non-profit owner and developer of affordable homes in the Mid-Atlantic and an affiliate of Enterprise Community Partners, proudly announces the appointment of Shay Dugan as senior vice president, head of property management.
Severe storms, flooding, and other natural disasters can make an already tough market for affordable rental housing nearly impossible to navigate. An analysis of Colorado counties that received CDBG-DR funding after major disasters in 2013 found that monthly rents in those counties were 4-6% less - the equivalent of $60-$90 - on average than they would have been without the CDBG-DR funding.
The city of Alamosa, Colorado, has one of the lowest rates for homeownership in the state for Hispanic residents. After an extensive multi-year housing needs assessment, the city is now gearing to build the homes the community needs.