Authors Posts by Enterprise

Enterprise Community Investment, Inc. is a leading provider of the development capital and expertise it takes to create decent, affordable homes and rebuild communities. For over 25 years, Enterprise has pioneered neighborhood solutions through public-private partnerships with financial institutions, governments, community organizations and others that share our vision. Enterprise has raised and invested over $9 billion in equity, grants and loans to help build or preserve more than 240,000 affordable rental and for-sale homes to create vital communities. Enterprise is currently investing in communities at a rate of $1 billion a year. Visit www.enterprisecommunity.org and www.enterprisecommunity.com to learn more about Enterprise's efforts to build communities and opportunity.

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Terri Bolling

Enterprise Community Partners

Freddie Mac Reenters Low-Income Housing Tax Credit Market Via Fund with Enterprise

Freddie Mac announced today it has closed its first Low-Income Housing Tax Credit (LIHTC) Fund with Enterprise Community Investment, Inc. and its first equity investment within that fund. The closing marks Freddie’s re-entry to the LIHTC (or Housing Credit) market, which finances the overwhelming majority of the country’s affordable rental housing.

Statement from Terri Ludwig, president & CEO of Enterprise Community Partners, on Dr. Ben...

Enterprise will work with Dr. Ben Carson, President-elect Trump’s nominee for secretary of the U.S. Department of Housing and Urban Development, to ensure every person in the U.S. has a decent, affordable home in a thriving community connected to good schools, jobs, transit and health care. We are hopeful that his background of growing up poor in Detroit and becoming a leading surgeon will make him a powerful advocate for building the critical link between healthy communities and healthy children and families

Bellwether Enterprise Establishes Dedicated Affordable Housing Group

Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), today announced that it has expanded its affordable housing business by establishing a group dedicated to providing flexible financing resources to affordable, multifamily clients across the United States. With 18 Bellwether Enterprise offices located throughout the country, the Affordable Housing Group will leverage the firm’s existing, nationwide lending platform.

Bellwether Enterprise Announces More Than $1.5 Billion in 2012 Production

SAN DIEGO - February 7, 2013 - (RealEstateRama) -- Bellwether Enterprise Real Estate Capital, LLC (Bellwether Enterprise), the multifamily and commercial banking subsidiary of Enterprise Community Investment, Inc. (Enterprise), today announced it provided more than $1.5 billion in financing in 2012, including $1.2 billion since Bellwether Real Estate Capital merged with Enterprise’s Multifamily Mortgage Finance business in May of 2012. The breakdown by property type for all of 2012 is as follows:

Enterprise and Citi Will Amplify Federally-Funded Foreclosure Response Efforts in California

LOS ANGELES (November 3, 2011) - Enterprise Community Partners (Enterprise) announced today a new partnership with Citi that will expand community revitalization efforts aimed at responding to the effects of the foreclosure crisis in California. The pr...

2011 MetLife Foundation Excellence in Affordable Housing Award Winners Announced

COLUMBIA, MD - August 31, 2011 - (RealEstateRama) -- Enterprise Community Partners, Inc. (Enterprise) and MetLife Foundation today announced the winners of the 2011 MetLife Foundation Awards for Excellence in Affordable Housing, which laud best practices in green, service-enriched housing for low-income seniors. The four winners will each receive $50,000 in unrestricted grant funds to expand their exemplary work in affordable senior housing and will be recognized at various events around the country culminating with a final event at the LeadingAge conference in Washington, D.C. this fall.

Governor Jindal Issues Executive Order for Homeowner Protections in Hazard Mitigation Grant Program

BATON ROUGE, LA - August 22, 2011 - (RealEstateRama) -- Governor Bobby Jindal issued an Executive Order today detailing homeowner protections for the Hazard Mitigation Grant Program.

Enterprise Named Freddie Mac Targeted Affordable Housing Lender

COLUMBIA, MD - February 9, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf. The new license granted to Enterprise rounds out the company’s agency platform, which already includes capacity to sell and service loans for Fannie Mae and FHA. Enterprise is among a handful of lenders approved to sell and service targeted affordable housing loans nationwide. These are loans on apartment properties with rents that are affordable to low- and very-low income individuals whose incomes are at or below 80 percent or 60 percent of the area median income, respectively.

Business Real Estate Press Releases

Sheila Schmidt

Meridian Opens Phoenix-based Real Estate Office and Names Sheila Schmidt as...

Meridian, a full-service real estate developer and owner of medical real estate, announced today that industry veteran Sheila Schmidt has been hired as Vice President of Development. She will be based in Meridian’s new Phoenix office located at 2375 N. Camelback Road, Suite 600 and will lead the company’s development efforts in the southwestern region of the United States

Recent Gov & Nonprofit Real Estate Press Releases

Public Interest Groups Applaud FHFA Move to Expand Resources for LEP...

Today, a group of civil rights and consumer advocacy organizations, including Americans for Financial Reform Education Fund, the Center for Responsible Lending, Connecticut Fair Housing Center, Consumer Action, Empire Justice Center, National CAPACD, National Consumer Law Center, National Fair Housing Alliance, and UnidosUS, convened by the Americans for Financial Reform (AFR) Language Access Task Force, applauded the Federal Housing Finance Agency (FHFA) for launching