2018 Annual Report

Let's Build the Community We All Want

2018 Annual Report
 

Where you live affects the life you can have. It’s not just what we say at Enterprise – it’s what drives us. Because we know that a well-designed home made affordable and connected to opportunity is what helps all of us grow and thrive.

Last year, together with our partners, our work helped create and preserve more than 55,000 homes across the United States. But we didn’t stop there. We’re proud to share our 2018 annual report and introduce you to people who live in places where we help create opportunity and build the community we all want: a neighborhood that paves the pathways to a better life with access to good schools, jobs, transit and health care.

Read Our Full Letter from Leadership

A VILLAGE MODEL FOR HEALTH

People of all ages are thriving, making art and staying well in the Overlook at Oxon Run community in Washington, D.C.

See how we empower residents to lead more active lives.

MEET THE MAYOR OF THE OVERLOOK

"This is my home, and I have no intentions of leaving."

See why resident services matter to people like Ms. Grace, an advocate for her neighbors at the intergenerational Overlook at Oxon Run.

BANNING INCOME BIAS

After her Parkinson's disease diagnosis, Elizabeth Barnes lost her job – and then, one by one, her applications for rent were rejected.

See how we're working to end housing discrimination against people with non-wage incomes like vouchers and veterans’ benefits.

 

A CLIMATE STRONG RECOVERY

We won't forget the people in Puerto Rico and the U.S. Virgin Islands – because recovery after Hurricanes Irma and Maria is far from over.

Find out how we're helping partners on the ground rebuild communities and change lives.

PRESERVING AFFORDABILITY

In Chicago, homes are being lost to deterioration, demolition, vacancy and abandonment, and more people must move farther away from jobs, schools and health care.

See how Enterprise and our partners are keeping homes and families in place.

A HEALTHY PARTNERSHIP

In lower income neighborhoods, too many people are disconnected from opportunities.

See how we're working with Sinai-Grace Hospital to improve health outcomes in Northwest Detroit.

HEALTH BEGINS WITH HOME

Without a safe, healthy and affordable place to call home, no family can thrive.

Learn about our expanding health and housing initiative, including our partnership with Kaiser Permanente, and what we've gleaned from the results of our national health survey.

UNDESIGNING DISCRIMINATION

We've brought an interactive exhibit about the history of discriminatory housing policies to cities across the country.

See how far Undesign the Redline traveled in 2018 to spark critical conversations and create change.

Residents at the Overlook at Oxon Run
A VILLAGE MODEL FOR HEALTH
Meet Ms. Grace, Mayor of the Overlook
MEET THE MAYOR OF THE OVERLOOK
Liz Barnes faced income bias and discrimination
BANNING INCOME BIAS
Recovery continues in the islands
A CLIMATE STRONG RECOVERY
Preservation in Chicago
PRESERVING AFFORDABILITY
Sinai-Grace Hospital in Detroit
A HEALTHY PARTNERSHIP
Dad and son
HEALTH BEGINS WITH HOME
Woman taking a photo of Undesign the Redline exhibit
UNDESIGNING DISCRIMINATION

Our Impact
 

In 2018, Enterprise helped create or preserve more than 55,000 homes in more than 450 cities, and our solutions and innovative programs in neighborhoods across the country connected even more families to opportunity.

Here are more ways we made a significant impact last year.

 

Fighting for critical funding - White House

Fighting for Critical Funding

Together with our partners, Enterprise successfully advocated for the expansion of the Low-Income Housing Tax Credit (Housing Credit) after a decade-long push, including a 12.5 percent increase in allocation for four years. This increase will create and rehabilitate an additional 29,000 homes for low-income families, seniors, veterans and people with disabilities. We also supported increased funding of critical affordable housing and community development programs, including HOME and the Community Development Block Grant program. And, we provided time-sensitive information to guide states in nominating qualified Opportunity Zones and engaged deeply at the federal level to ensure this new federal program promotes equitable growth and revitalization.

green climate resilience

Strengthening Climate Resilience

In 2018, Enterprise kicked off work on strengthening our groundbreaking Green Communities Criteria. The 2020 Criteria looks to improve the health, economic and environmental benefits of developing sustainable homes made affordable. We launched our Climate Strong Islands Initiative, a collaborative partnership in Puerto Rico and the U.S. Virgin Islands on long-term recovery and rebuilding and mitigating future weather-related disasters.

Enterprise diversity working groups

Building a More Inclusive Enterprise

As part of our Diversity, Equity and Inclusion (DEI) initiative, we launched employee-led DEI working groups focused on increased diversity across staff and leadership, equitable career development and more. A milestone in our progress: in 2018, we announced a new parental leave policy offering paid time-off for mothers, fathers and adoptive and foster parents, plus paid time off for caregivers and financial support to employees growing their families through adoption, surrogacy and foster care.



Donors, Board & Financials

 

 

child at school

Our Generous Donors

Thank you to every individual and organization who generously made a contribution to Enterprise in 2018. Your giving spirit made a difference and helped us create more well-designed homes that are affordable and connected to opportunity.

See Our 2018 Donors

Laurel speaks with board members

Our Board Members

Our board members help set Enterprise’s vision while serving as visionary leaders across a broad range of industries and policy and strategic initiatives across the country. We are grateful for our board members’ guidance and commitment to our mission.

Meet Our Board Members

Canyon Crossing in Utah

Financials

As one of the first social enterprises, we recycle every dollar we raise back into our mission to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities.

View Our 2018 Financials