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As housing prices in many areas across the country increasingly exceed the financial reach of a number of moderate-wage workers, a critical demand for workforce housing has emerged. People working the jobs that allow communities to function successfully—the civil servants, police officers, fire fighters, teachers or health care professionals, for example—cannot afford to buy or rent a home in the communities in which they work.
Through our Workforce Housing Family of Funds, Enterprise will provide the critical liquidity for quality housing for families earning between 80 to 120% of area median income. These funds will address the overwhelming need for workforce housing.
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