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Doris Koo Testifying

Doris Koo, president and chief executive officer of Enterprise Community Partners, testifies on Capitol Hill.

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News

 

Statement from Doris W. Koo, President and CEO, Enterprise Community Partners
Enterprise Commends Senator Whitehouse and the House for green legislation (PDF, 28K, July 1)

Former Enterprise Executive Jim Himes featured as a rising star on MSNBC
In a broadcast story on MSNBC, Congressman Jim Himes (D-Conn.) discussed what convinced him to run for office and how his experience working with Enterprise and financial institutions has helped him lead the way in turning the economy around. He also discussed the key pieces of President Obama's new proposal to reform the regulation of the financial services industry. Watch the video.

Enterprise Testifies Before Congress on Need for Energy Efficiency Legislation
Doris W. Koo, president and CEO of Enterprise Community Partners, testified before the House Financial Services Subcommittee on Housing and Community Opportunity at a hearing focused the Green Resources for Energy Efficient Neighborhoods Act of 2009. News Release (PDF, 26K, June 11, 2009 | Testimony

The Affordable Housing Podcast by Eden Housing
The American Recovery and Reinvestment Act, also known as the Stimulus Package, provides unprecedented funding for building energy retrofits. On the June 1 episode of the Affordable Housing podcast, Joanne Greene speaks with Dvora Lovinger, senior director of government affairs about the specific programs that will help to rehabilitate public housing units, provide grants or loans to owners of "HUD-assisted" housing, help low income homeowners to weatherize their homes, and more.

Policy and Action: Enterprise Real Estate Leadership Council Meets in D.C.
Enterprise’s policy role amidst the changing housing and community development landscape on Capitol Hill and in the White House was the theme of the 2009 Enterprise Real Estate Leadership Council (ERELC) Meeting. Former Enterprise Chairman Bart Harvey and Enterprise Trustee Ron Terwilliger chaired the two-day meeting, held May 20-21 in Washington, D.C. Read the article.

Enterprise Uncovers Promising Approaches in Neighborhood Stabilization Program Plans

Enterprise Community Partners unveiled the findings of its report "The Challenge of Foreclosed Properties: An Analysis of State and Local Plans to Use the Neighborhood Stabilization Program,” which includes analysis of 87 of the 306 plans submitted by state and local Neighborhood Stabilization Program (NSP) grantees. Read the report. (PDF, 60K)

Stabilization Program Media Coverage

Defending CRA

In an article featured in the March issue of Urban Land, Enterprise Community Partners President and CEO Doris Koo refutes recent claims that the Community Reinvestment Act (CRA) was a catalyst for the subprime mortgage crisis in the United States. Read the article. (PDF, 552K)

Enterprise Joins Rep. Perlmutter and Others to Discuss G.R.E.E.N Act. (PDF, 25K, March 27, 2009)

On Tuesday, March 24, representatives from Enterprise Community Partners, Inc. (Enterprise) joined Representative Ed Perlmutter (D-Colo.) and a small group of organizations equally concerned about energy efficiency and green building for a roundtable discussion on changes and updates to the Green Resources for Energy Efficient Neighborhoods (G.R.E.E.N.) Act. News Release. (PDF, 25K)

Ali Solis Named a Senior Executive

Enterprise names Alazne (Ali) Solis senior vice president and senior executive to oversee corporate affairs as well as public policy. Bio | News Release. (PDF, 24K)

Enterprise Applauds Congress for Passage of Housing-Related Provisions in Economic Recovery Bill

Enterprise Community Partners, Inc. commends Congress and the Administration on swift passage and enactment of the American Recovery and Reinvestment Act of 2009 (H.R. 1), which includes important housing and community development legislation and addresses the overall economic crisis. News release. (PDF, 29K, Feb. 23, 2009)

Enterprise Applauds Congress for Passage of LIHTC Provisions in Economic Recovery Bill

Enterprise Community Partners, Inc. commends Representatives for their leadership in ensuring congressional passage of the American Recovery and Reinvestment Act of 2009 (H.R. 1), which includes important provisions that restart affordable housing development financed by the Low-Income Housing Tax Credit (LIHTC) program. News release. (PDF, 28K, Feb. 20, 2009)

Enterprise Applauds Obama Administration for Passage of Homeowner Affordability and Stability Plan.

Enterprise Community Partners, Inc. commends President Barack Obama and the Obama Administration for their leadership on the Homeowner Affordability and Stability Plan, which will allow millions of families to restructure or refinance their mortgages and avoid foreclosure. News release. (PDF, 24K, Feb. 20, 2009)

Enterprise Policy Vice President Meets with Secretaries Geithner, Donovan to Discuss Neighborhood Stabilization

On February 11, Ali Solis, Enterprise Community Partners vice president for public policy, spoke with Treasury Secretary Timothy Geithner and Housing and Urban Development Secretary Shaun Donovan at a meeting attended by financial institutions, trade associations and nonprofits.

At the meeting, Solis discussed the importance of a place based neighborhood stabilization approach that deals with the front-end (wholesale loan modifications for troubled borrowers) and back end (impacts of vacant properties on whole communities). She also pointed out that TARP funds should be used to create systemic ways to deal with both ends.

Letter Supporting Selection of Shaun Donovan

Enterprise applauds President-elect Barack Obama for selecting Shaun Donovan to lead the U.S. Department of Housing and Urban Development (HUD) and urges the Senate Banking Committee to quickly approve his nomination. Read the support letter. (PDF, 31K)

Enterprise Commends President-Elect Obama for Selection of Shaun Donovan to Lead U.S. Department of Housing and Urban Development

Currently, Shaun is commissioner of the New York City Department of Housing Preservation and Development. His vision and leadership have been the driving force behind Mayor Michael Bloomberg’s 10-year, $7.5 billion New Housing Marketplace Plan, which is the largest municipal housing plan in the country and a model for how to create and preserve affordable housing for cities across the country. News release. (PDF, 24K, Dec. 16, 2008)

Comptroller Dugan Says CRA not Responsible for Subprime Lending Abuses

The Community Reinvestment Act (CRA) “helps banks do what they should be doing,” keynote speaker Comptroller of the Currency John Dugan told attendees of the 2008 Enterprise Community Conference.Dugan's prepared remarks and the news release. (PDF, 140KB)

Statement Regarding Community Reinvestment Act (CRA)

On Oct. 13, 2008, Doris W. Koo, president and CEO of Enterprise Community Partners, released a statement regarding the recent incorrect comments made that blame the Community Reinvestment Act (CRA) and minority homeowners for the current economic crisis. Koo states that not only has CRA not caused this crisis, it has helped build our nation’s economy during the past three decades. Read the CRA packet (333KB) containing the news release and fact sheet.

House Passed Energy Legislation with GREEN Act provisions

On Sept. 17, 2008, the House passed the Green Resources for Energy Efficiency Act (the GREEN Act, H.R. 6078) as part of the Comprehensive American Energy Security and Consumer Protection Act (H.R. 6889). The GREEN Act measures will help revitalize our economy by making energy efficiency practices more affordable, accessible and achievable by consumers, businesses and government entities. News release. (PDF, 25K, Sept. 17, 2008)

Statement From the Save America's Neighborhoods Campaign

National Coalition Applauds President’s Support of Emergency Community Stabilization Funding. (PDF 37KB, July 30, 2008)

Events

Upcoming Events

Enterprise Vice President of Public Policy Participates in ULI Fall '08 Meeting

Ali Solis, vice president of public policy, participated in the ULI Fall '08 Meeting held from Oct. 27-30, in Miami, FL. Solis took part in a panel titled, "Billion dollar Federal Rescues from Main Street to Wall Street." The session, moderated by Barry Zigas, Principal, Zigas & Associates and Enterprise Trustee, brought together housing industry experts to discuss the implementation of the Housing and Economic Recovery Act and the Emergency Economic Stabilization Act of 2008. The other housing industry experts were Jeffrey Hayward, Senior Vice President, Housing and Community Development, Fannie Mae and Benson "Buzz" Roberts, Senior Vice President, Policy & Program Development, Local Initiatives Support Corporation. The panel also examined how these two landmark pieces of legislation affect consumers, neighborhoods, and lenders. Read the presentation. (PPT, 9953K, Oct. 10, 2008)

HUD Housing Summit on Neighborhood Stabilization Program

Read presentations and handouts for the Summit on Housing: Partnering for Responsible Policy, held Oct. 7 and 8, 2008.

Ali Solis

Ali Solis, vice president of public policy for Enterprise Community Partners, spoke at the HUD-sponsored Summit on Enterprise’s response to the increasing number of communities affected by foreclosures.

HUD Housing Summit on Neighborhood Stabilization Program

On Oct. 7, 2008, Ali Solis, vice president of public policy for Enterprise Community Partners, participated in the HUD-sponsored Summit on Housing: Partnering for Responsible Policy plenary titled "Best Practices for Neighborhood Stabilization".

During the plenary, Solis talked about Enterprise's response to the increasing number of real estate-owned properties in communities affected by concentrated foreclosures. Solis also discussed Enterprise's experience in facilitating the purchase, rehabilitation and affordable resale of foreclosed homes through the HUD Asset Control Area program and how it has served as a model for the formation of the National Community Stabilization Trust.

The summit brought together more than 800 housing and finance leaders from the government, private and nonprofit sectors to Washington, D.C., for a two-day briefing by HUD officials and panel discussions on the Neighborhood Stabilization Program, the Housing and Economic Recovery Act of 2008, the HOPE for Homeowners program and other foreclosure prevention and loss mitigation programs. Read the HUD Summit presentation. (PPT, 9934K, Oct. 7, 2008)

KnowledgePlex online chat "The 2008 Federal Community Stabilization Grants"

On Thursday, Oct. 2, 2008, Partners vice president of public policy Ali Solis joined other housing experts for the KnowledgePlex online chat "The 2008 Federal Community Stabilization Grants". The panelists shared their strategic frameworks and checklist for preparing, adopting, and implementing a foreclosure/vacant properties stabilization action plan and shared their ideas on how to spend community stabilization funds wisely. View the panelists' presentations.

Enterprise Addresses Foreclosure Crisis at Congressional Black Caucus Foundation Legislative Conference

As part of its 38th Annual Legislative Conference, on Thursday, Sept. 25, 2008 the Congressional Black Caucus Foundation held a town hall meeting on the foreclosure crisis. Enterprise Vice President of Public Policy Ali Solis joined Rep. Barney Frank (D-MA), NeighborWorks President Ken Wade and other concerned leaders to discuss and answer questions regarding the current economic crisis and examine the national and regional repercussions.

Trustee Edward Norton Testifies

Actor, director and Enterprise Community Partners Trustee Edward Norton testified on May 14, 2008 on Capitol Hill, urging lawmakers to put opportunities for low-income people at the forefront of the nation's response to the climate-change crisis.

Congress should take a leadership role in making green and affordable one and the same. He outlined Enterprise’s 10-point plan for federal policy-makers, captured in its recently published white paper, "Bringing Home the Benefits of Energy Efficiency to Low-Income Households."

The hearing, which was covered in The Washington Post and the San Francisco Chronicle, focused on how efficient buildings and better building policies can reduce energy costs and cut global warming pollution. Read the news release. (PDF, 26K) Read Norton's testimony. (PDF, 66K) Watch the video.

 

 

   

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Enterprise Community Partners is a national nonprofit that provides expertise for affordable housing and sustainable communities. We offer financing for affordable housing through our nonprofit, Enterprise Community Loan Fund, and through our for-profit subsidiary, Enterprise Community Investment, Inc.
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