Faith-Based Development Initiative (FBDI)

FBDI seeks to engage and assist the faith-based community in helping to ensure that people of all incomes have access to fit and affordable housing and community resources.

The FBDI is led by Enterprise, with the East of the River Clergy-Police-Community Partnership, Wesley Theological Seminary and Georgetown University as strategic advisors. It has invested more than $47 million in grants, loans and tax credit equity supporting 515 affordable housing units and one community facility, with another 1,200 units in the pipeline

The initiative’s work has included:

  • More than $213,000 in grants supporting 13 projects
  • More than $2.5 million in loans supporting five projects
  • More than $44.8 million in Low-Income Housing Tax Credit equity supporting 214 units

More Information on FBDI

  • If you are a house of worship interested in our initiative, please complete the FBDI intake form in Word, as a PDF, or online.
  • Contact Jemima Otchere with questions about the intake form.
  • Contact Deborah Stevenson with all other questions.

Read more about faith-based development in the May 2015 issue of Tax Credit Advisor magazine (used with permission).

If you have any questions regarding the Initiative, contact Deborah Stevenson at 202.649.3911. 

Capital Available

Technical Assistance

  • Preliminary property and market analyses and referrals to appropriate development experts
  • Organizational assessments to strengthen the position of a faith-based development organization to seek funding

Partnership with Legal Services

Throughout the development process, FBDI provides access to pro bono legal services and can make referrals to experienced fee-based attorneys. Partnerships include:

Internships

Undergraduate and graduate student interns have been pivotal to the success of FBDI. Interns have worked on real estate and policy research, program evaluation and project case studies.

Watch our video below to hear from past FBDI interns, whose experience at Enterprise helped them prepare for full-time careers in affordable housing.

If you are interested in an FBDI internship, contact Deborah Stevenson.