 |
Liberty at St. Clair is a 72-unit apartment building with supportive services in Cleveland’s Glenville neighborhood. |
Read the latest issue of the Ohio Report, a quarterly update about Enterprise’s Ohio impact market.
Cleveland's community development industry has made a tremendous impact creating and preserving affordable housing. But with high unemployment and poverty rates and a growing foreclosure crisis looming, Cleveland still faces tremendous challenges. Columbus is the third-fastest growing metro area in the Midwest, but older areas of the city still suffer from high poverty rates, and the population is dwindling.
Enterprise works in Cleveland and Columbus to unite development partners, strategies and capital resources, and transform neighborhoods. We also provide policy and technical assistance to partners throughout Ohio to create high-impact models for effective community development.
- $318 million invested
- 14,000 homes created
- 506,000 s.f. of commercial and community space built
 |
Tremont Pointe is a mixed-income, green HOPE VI redevelopment project on the site of a former public housing complex. It features 190 units plus 3,000 square feet of community space. Download the profile (PDF, 143k) |
Since 2006, the Enterprise Green Communities in Ohio has provided grants to developers to go green, increase efficiency and reduce energy costs. Find out more about Enterprise's green commitment in Ohio.
We offer a unique breadth of knowledge, expertise and financial products — including tax credit equity, debt and predevelopment lending — that yield both social and economic returns. Our team of experts continues to strengthen and expand the range and reach of these vital tools.
Ohio is one of four Enterprise markets nationwide piloting this innovative tool. It provides multifamily owners and sponsors with financing for energy reduction capital purchases as boilers, hot water heaters and improved insulation. The Ohio Housing Finance Agency committed $600,000 to the program in 2009.
A history of innovation drives our approach. From the Low-Income Housing and New Markets Tax Credit programs to our Green Communities initiative, we help shape, introduce and take to scale the solutions that create, preserve and transform communities nationwide.
The foreclosure crisis is hitting many Cleveland neighborhoods hard. Abandoned buildings, stalled development and declining home values compromise safety and stability. Enterprise and its partners started Opportunity Homes in six Cleveland neighborhoods so that development partners can buy blighted properties, rehabilitate and make them available for sale to low-income buyers.
Enterprise leads this partnership to leverage the earned income tax credit as wealth building tool for low-income families. More than 8,000 low-income taxpayers have received quality tax preparation and other services through the coalition.
 |
Gary, a Marine Corps veteran, abused alcohol to escape the grisly recollections of combat. It cost him his relationships and housing. Today, Gary has re-established those connections, and he credits his recovery to supportive housing. Hear his story. |
Good policy — and successful partnerships — are key to thriving communities. Enterprise is a trusted advisor at the local, state and federal levels, advocating bold policy priorities, and we align strategic partnerships to leverage public, private and nonprofit resources into results.
Enterprise-led Housing First seeks to create 1,000 supportive housing units for adults with a history of long-term homelessness and disabilities. Residents of Housing First properties have access to social and community services that help them get back on their feet.
Enterprise is grateful to the many partners who support our work in Ohio.
Enterprise Community Partners
3500 Lorain Ave., Suite 300
Cleveland, Ohio 44113
Phone 216.631.0280
Fax 216.631.0450
Email Mark
Mark McDermott
Vice President and Impact Market Leader, Ohio
Find us on Google Maps |
