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.
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.
"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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.