Enterprise Community Development, Inc., one of the largest mission-focused nonprofit affordable housing providers in the Mid-Atlantic, has successfully closed on $116.4 million in financing for three affordable housing communities that will support families, seniors, and formerly homeless veterans in Maryland.

Enterprise Community Partners' President and CEO Shaun Donovan, announced a much-anticipated interest rate cut, the first such move since 2020.

Governor Gavin Newsom’s May Revision to the 2021-22 California budget demonstrates the administration’s clear commitment to affordable housing and proposes bold, historic investments in housing and homelessness programs. This investment is made possible by a $75 billion budget surplus that provides the state with the opportunity to meaningfully respond to the immediate needs of Californians, while also putting our communities on the path for a more equitable recovery.