Blog Post
Jun18
All Opportunity Zones Now Final
The U.S. Department of the Treasury and the IRS have announced the approval of Opportunity Zone designations in Florida, Nevada, Pennsylvania and Utah. With this final round of approval, Opportunity Zones have now been designated in all 50 states, the District of Columbia and five territories.
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News Release
Jun14
Fund to Preserve Thousands of Affordable Homes Closes to New Investment
Enterprise's third conventional real estate equity fund is closed to new investment after raising $110 million. The fund is expected to preserve more than 5,000 affordable and workforce homes while delivering attractive risk-adjusted returns to socially minded investors.
Blog Post
Jun12
Profiles in Recovery and Rebuilding: Centro Campesino Farmworker Center, Inc.
In 2017 Hurricanes Harvey, Irma and Maria wrought destruction across communities from the Gulf Coast to Puerto Rico, disrupting lives and destroying homes. As part of our recovery and rebuilding work, Enterprise created the Enterprise Hurricane Community Recovery Fund to support short-term relief and longer-term efforts in the most heavily damaged areas.
Enterprise in the News
Jun08
In The Hill, CEO Terri Ludwig highlights increased Congressional support for proven housing programs -- and the opportunity they create -- in the fiscal 2018 budget and calls on members to continue to improve lives by showing the same commitment to affordable, well-designed homes in the 2019 budget.
Blog Post
Jun08
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House Financial Services Approves Landmark CDBG-DR Permanent Authorization Bill
The House Committee on Financial Services approved the Reforming Disaster Recovery Act of 2018 (H.R. 4557), which would permanently authorize the Community Development Block Grant Disaster Recovery (CDBG-DR) Program.
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Enterprise in the News
Jun07
Enterprise Advisors' Jordan Pearlstein talks to public radio in northwest Arkansas about how Enterprise is meeting with local stakeholders to help the community develop strategies to address rising home rental and ownership costs and guide future housing development in the region.
Enterprise in the News
Jun07
In the Novogradac Journal of Tax Credits, Enterprise's Chimeka Gladney talks about financing the redevelopment of New Orleans' Bohn Motor building, a historic car dealership that survived a fire and a hurricane and will soon be a behavioral health care center.
Blog Post
Jun07
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Senate Continues Trends from 2018 in FY19 THUD Appropriations Bill
The Senate Transportation, Housing, and Urban Development (THUD) FY 2019 Appropriations Bill provides mostly flat funding for housing and community development programs with some modest increases and cuts.
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Enterprise in the News
Jun07
Building Green writes about Keep Safe: Strategies for Puerto Rico Housing Resilience, a manual for building homes that withstand future natural disasters, which is being developed by Enterprise and four partners.
Enterprise in the News
May29
Enterprise's Marion McFadden comments in Politico's look at how and why, nine months after Harvey, middle-class Houston has recovered but low-income neighborhoods are in disarray.
Enterprise in the News
May21
In The Hill, CEO Terri Ludwig explains that the key to making sure that Opportunity Funds produce direct, sustained and equitable benefits for residents and businesses in distressed communities is knowing how those Funds are investing.
Blog Post
May21
House Financial Services Committee Holds Hearing on Homelessness
Last week, the Housing and Insurance Subcommittee of the House Financial Services committee held a hearing entitled “An Overview of Homelessness in America” to examine the current state of homelessness in their districts and around the country.
Blog Post
May21
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Enterprise Testifies Before Congress on Strengthening the CDBG-DR Program
In her testimony before the House Financial Services Oversight and Investigations Subcommittee last week, Enterprise vice president for Public Policy Marion McFadden called for permanently authorizing the Community Development Block Grant – Disaster Recovery (CDBG-DR) Program. Read more about Enterprise’s recommendations for strengthening the CDBG-DR Program.
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Blog Post
May21
All Opportunity Zones Nearly Finalized
See the list of every state and territory with approved Opportunity Zones.
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News Release
May21
Loan Fund Receives Favorable “AA-” Rating from S&P Global
Enterprise Community Loan Fund has earned an “AA-” issuer credit rating from S&P Global Ratings, an investment-grade rating reflecting “experienced leadership and management team” and “overall asset quality, operating performance, debt profile, and market position.”