In a new issue brief, we discuss opportunities to scale affordable housing innovations designed to facilitate the development of low-density multifamily housing. Development of LDMF, sometimes known as "missing middle" housing, is a promising strategy to help cities and towns address the housing shortage across the country.
Enterprise selects 12 organizations across DC, Maryland, Virginia to join receive intensive training and $360,000 in grants through the Preservation Academy.
This issue brief reviews opportunities to scale affordable housing innovations, including regulatory reforms designed to facilitate the development of some forms of LDMF housing and recent lending products tailored to financing LDMF development.
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.
The Kelsey Ayer Station represents a landmark for both accessible housing and its financing. We spoke to Micaela Connery, co-founder and CEO of The Kelsey, about the origins of the project, garnering community support, and her hopes for similar types of communities to exist “everywhere.”
Cleo Walker, 83, worked with local organizations including Enterprise to find a way to keep her home at Cherrydale Apartments affordable. Decades after Enterprise preserved this property to keep it as an affordable community, Walker shines as an example of a local leader and resident liaison.
This report highlights the achievements of our partners, provides concrete examples of EPF’s impact on the real estate industry, describes the ways in which Enterprise has deployed new forms of capital, shares our learnings from the initiative to date, and offers a forward-looking view as Enterprise prepares for the next five years and beyond.