Our Denver market works closely with local nonprofits and affordable housing organizations to promote equitable community development in the seven-county metro Denver region. Metro Denver’s rapid transit expansion provides ample opportunity for Enterprise to advocate for inclusive station areas and greater mobility for all riders. We fund intensive workshops and financing strategies designed to build partners’ capacity to address homelessness in metro Denver through the development of permanent, supportive housing.
Our Priorities in Denver
Enterprise is expanding the production and preservation of affordable housing in the region by investing capital, innovating solutions and advocating policy.
Our specific priorities are to:
- Collaborate with U.S. Department of Housing and Urban Development, Colorado Division of Housing, Colorado Housing and Finance Authority and local housing departments and housing authorities to create affordable homes in thriving Denver-area communities.
- Strengthen capacity of local affordable housing developers and community development corporations through Section 4 grant support and technical assistance.
- Invest Denver Regional TOD Fund capital toward the acquisition of transit-accessible property for preservation and future development of affordable housing and community facilities.
- Partner with other nonprofits, businesses and public agencies in Mile High Connects to bring better opportunities to residents through transit.
- Bring support and programs to underserved populations and communities through:
- Equitable transit-oriented development along high-frequency transit corridors
- Innovative neighborhood revitalization strategies in Sun Valley in collaboration with the Denver Housing Authority
- Permanent supportive housing and assertive community treatment services for chronically homeless individuals in Denver
- State and local resources for the production or preservation of affordable housing across the Metro Denver region
Since 1986, Enterprise has been investing in affordable housing and community development corporations in the Denver region, including Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties.
- Brought nearly $363 million in grants, loans and equity to finance the creation or preservation of 8,430 homes.
- Awarded $3.9 million in capacity-building grants to 35 nonprofit organizations.
Housing to Health Initiative
Enterprise, CSH and Social Impact Solutions are partnering with the City and County of Denver, Colorado Coalition for the Homeless, Mental Health Center of Denver and Urban Institute, to deliver the Housing to Health Initiative. This initiative will provide supportive housing to 300 chronically homeless individuals with significant primary and behavioral health challenges.
Supportive housing will be used to promote housing stability, improve quality of life, reduce incarceration and more effectively use preventive health-care services to decrease the need for unnecessary emergency room visits. The initiative is part of a larger national effort to deliver better outcomes for high-need populations by coordinating care, sharing data across agencies and aligning public spending on housing and Medicaid with supportive housing service delivery.
In April 2015, Enterprise, CSH and Social Impact Solutions, received a $250,000 grant from Nonprofit Finance Fund (NFF) as part of a federal effort of the Corporation for National and Community Service’s Social Innovation Fund (SIF) to support proven approaches to addressing critical social issues. NFF’s grant of $250,000 will support the final stages of structuring Denvers PFS transaction.
Contact Melinda Pollack for more information.