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.
Enterprise has initiated a Request for Proposal (RFP) process to support Home 4 Good, an upstream eviction prevention program for New Yorkers experiencing rental arrears that will utilize an outcomes-based financing model.
Congress must act so that communities hit by disaster can receive funding more quickly and equitably, Enterprise’s CEO and President Shaun Donovan testified before Congress. Donovan also stressed that communities need funding to be better prepared for disasters, noting that mitigation measures can more than pay for themselves and can save an average of $6 in future disaster recovery costs for every dollar spent.
We’re proud of what we’ve accomplished this year in Northern California, in partnership with all of you, and our collective work sparks hope for what is to come in 2024.
Enterprise President of Solutions Jacqueline Waggoner writes an op-ed in SF Chronicle about the skyrocketing cost of insurance and the threat it poses to housing affordability.
Housing instability and low-quality homes contribute to a variety of mental and physical health problems. To address the health implications of housing scarcity, health care provider Kaiser Permanente and Enterprise Community Loan Fund – Enterprise Community Partner’s community development financial institution (CDFI) – launched the $100 million RxHome Fund in 2018. The goal? To create and preserve safe, affordable multifamily rental homes for low-income residents across Kaiser Permanente’s service area.
The number of Americans experiencing homelessness on a given night rose by 12 percent in 2023 surpassing 650,000 people for the first time since reporting on this metric began in 2007. Said another way, one out of every 500 men, women, and children in the US were found either in a temporary shelter or unsheltered in places not meant for habitation, such as in parks, cars, abandoned buildings, or transit stations.