WHAT'S NEW
Critical Infrastructure

In a Next City op-ed, Enterprise’s Krista Egger and partners show how the Biden Administration’s climate and jobs strategies center affordable housing as critical infrastructure.

Funding for Nonprofits

Twenty-four Detroit nonprofits that are serving or are led by people of color will receive grants from a pool of $11 million, distributed by Enterprise. 

$85M Toward Racial Equity

$60 million from Bank of America, $20 million from Charles and Lynn Schusterman Family Philanthropies and $5 million from the Community Investment Guarantee Pool (CIGP), bolster our Equitable Path Forward initiative.

TO DATE, ENTERPRISE HAS:
INVESTED
$61 billion
HELPED CREATE
793,000 homes
TOUCHED
millions of lives
TO THE POINT
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The housing investments released today in the budget proposal are a bold commitment to our country’s future. They demonstrate that housing is central to the President’s vision for our country.

– Priscilla Almodovar
Enterprise President and Chief Executive Officer
on the Biden-Harris FY 2022 budget proposal

News Release
May06

Schusterman and CIGP Commit $25 Million to Advance Racial Equity

Enterprise announced a $20 million commitment from Charles and Lynn Schusterman Family Philanthropies (Schusterman), along with $5 million from the Community Investment Guarantee Pool (CIGP), toward Enterprise’s five-year, $3.5 billion nationwide initiative to invest in Black, Indigenous, and People of Color (BIPOC) and other historically marginalized housing providers.
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