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

37 Affordable Apartment Homes with Supportive Services Open in Ukiah

Thanks to a committed collaboration among nonprofits, local government and private funders, 37 people with mental illness who were formerly homeless or at risk will live in a new community that will offer tailored mental health services

Renters Report Housing Costs Significantly Impact Their Health Care

A new national survey on the connection between homes and health from Enterprise Community Partners Inc. (Enterprise) finds that more than half of the 1,000 renters surveyed have delayed care because they couldn’t
Center for American Progress

75 Homes in West Baltimore Community to be Renovated While Remaining Affordable

Enterprise Homes and the Housing Authority of Baltimore City (HABC) have closed on financing to renovate 75 apartment homes comprising the rental component of the Heritage Crossing community in West Baltimore. All its rental homes will be renovated while remaining affordable.
Enterprise Community Partners

City and State Leaders Celebrate Opening of Metro Heights at Mondawmin, a Modern Transit-Oriented...

Baltimore Mayor Catherine Pugh, Maryland Department of Housing and Community Development Secretary Kenneth C. Holt and other community leaders joined representatives of Enterprise Homes today for the grand opening of Metro Heights at Mondawmin, a striking new transit-oriented development at the corner of Reisterstown Road and Liberty Heights Avenue, 2700 Reisterstown Rd, Baltimore, Maryland 21215.
Enterprise Community Partners

South Florida Community Land Trust’s First Site In Miami-Dade County in Partnership with the...

On Oct. 23, as part of The Miami Foundation’s My Miami Story, the South Florida Community Land Trust (SFCLT) and the Haitian American Community Development Corporation (HACDC) asked local Miamians to share stories about their community and to discuss one of the biggest issues facing our county: affordable housing
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.

Recent Gov & Nonprofit Real Estate Press Releases

CHA

CHA Board approves development teams for LeClaire Courts, Wicker Park Apartments

The CHA Board of Commissioners on Tuesday approved the selection of development teams for the redevelopment of LeClaire Courts and CHA’s Wicker Park Apartments and Annex.