Enterprise’s New York City office will be closed on Friday, May 16, and Monday, May 19, as we move to our new location: 1 Whitehall Street, 11th Floor,
New York, NY 10004. We will re-open on Tuesday, May 20, at our new location. All phone and fax numbers will remain the same.
Enterprise invites you to mark your calendars for the 2008 Gotham City Gala on Wednesday, October 15, 2008, at Cipriani Wall Street in New York City. More information is coming soon. Contact us at newyorkcity@enterprisecommuntiy.org to learn more or reserve your table now! Learn about last year’s Gala.
Enterprise recently joined Catholic Charities Brooklyn and Queens and New York City officials to celebrate the successful rehabilitation and refinancing of 1,000 affordable homes for low-income seniors. Enterprise pioneered a creative refinancing package that helped residents remain in their homes, while generating funds for expanded senior services. Read the full article in Multi-Housing News. Read the press release.
The Center for New York City Neighborhoods (CNYCN) is a new organization that assists homeowners and renters threatened by the national subprime lending and mortgage foreclosure crises. CNYCN seeks proposals from community-based organizations that work directly with threatened homeowners and renters for one-year grants. Request for Proposals (PDF, 65K).
Serviam Gardens 1 will create 82 affordable homes for seniors in the Bedford Park neighborhood of the Bronx. In this unique project, the sisters of the Ursuline Bedford Park Convent, a community institution for over 100 years, made their historic building and property available to create much-needed affordable homes specially designed for seniors. The project is New York’s second mixed-finance HUD 202 Senior Housing project, combining over $9 million in 9 percent tax credits from Enterprise, a HUD 202 capital advance, and HOME funding through HPD. Prior to the construction closing, Enterprise’s New York City Acquisition Fund provided a $3.6 million bridge loan. The first mixed-finance HUD 202, Morris Heights, with Morris Heights Health Center and Mount Hope Housing Company, broke ground earlier this year.
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