2017 Annual Report

Let's Build the Community We All Want

2017 Annual Report

In our 2017 annual report, people living in three Enterprise-supported communities tell us their stories of transformation. Opening up about their struggles, goals and hopes for the future, residents share the ways their lives have improved by living in a well-designed, affordable home connected to opportunity. The videos also offer insights from Enterprise staff, partners and funders who work side-by-side on solutions that make it possible for people and neighborhoods to thrive. Together, we're building the community we all want.

Message from Leadership

Our challenges – a lack of access to housing stability, quality education and health care, and economic security and mobility – are all interconnected. So our solutions must be interconnected, too.

Hear more in a message from Enterprise Community Partners CEO Terri Ludwig and Board Chair Ron Terwilliger.

Early Start on Success

We supported the development of Plaza Roberto Maestas apartments and bilingual early learning center in Seattle – and we're inspired to build more communities like it.

See our innovative approach to developing affordable homes together with learning centers on underutilized public land.

Prescription for Healthy Neighborhoods

In West Baltimore, the average life expectancy is just 65 years old – but in surrounding communities, that number jumps to 85 years.

See how we’re working with partners to build a healthier community with better access to resources and opportunity.

Rebuilding Futures Together

We brought heart and expertise to 2017’s fierce weather events – getting capital to recovering communities and advocating for sound policy.

See how we’re driving smart, resilient design so all families are disaster-prepared and opportunity bound.

Opportunity360: Measuring What Matters

We may have similar goals in life, but not the same opportunities. Where you live matters. When opportunity is within reach, people’s lives improve.

See how Opportunity360 quickly identifies assets and challenges by offering a 360-degree view of any neighborhood.

Leadership message from Terri Ludwig and Ron Terwilliger
Message from Leadership
Kids at early learning center in Seattle
Early Start on Success
Nursing student and resident in Baltimore
Prescription for Healthy Neighborhoods
Family in Houston
Rebuilding Futures Together
Opportunity360
Opportunity360: Measuring What Matters

Our Impact
 

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In 2017, Enterprise helped create or preserve more than 61,000 homes in 343 cities – and our programs were key drivers of these results.

By piloting and scaling our solutions and innovations, we're improving communities and linking them to critical services and resources for the families who live there. Our work in markets across the country tackles local challenges for low- and moderate-income people.

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

 

Hurricane damage in Puerto Rico

Supporting Disaster-Stricken Communities

Enterprise played an important role in recovery and rebuilding after Hurricane Katrina and Superstorm Sandy, and we leveraged that expertise after 2017's catastrophic weather events. The Enterprise Hurricane Recovery Fund provided more than $1 million in grants and technical support to community organizations to date. We also partnered on a $15 million loan fund – the loans can be approved and disbursed swiftly to spur repairs and rebuilding. Plus, our expanding library of tools and publications help developers incorporate flood-proofing and risk-mitigation features.

Marion McFadden testifies about disaster recovery program

Saving the Most Essential Funding Source for Affordable Homes

While some critics of the final 2017 tax reform package argue the bill could harm the nation's lowest-income families, Enterprise and our partners successfully advocated to preserve crucial, proven programs. Our leadership on the ACTION Campaign helped maintain the Housing Credit in the final legislation, and our advocacy resulted in significant funding increases for housing and community development programs. Enterprise led or supported state and local efforts to secure more than $10 billion in ballot measures and new funding, and our policy research provides nonpartisan knowledge to government leaders and our industry.

Undesign the Redline exhibit

Promoting Fair Housing, Racial Equity & Inclusion

In 2017, Enterprise hosted Undesign the Redline to raise awareness about the historical roots of housing discrimination, urban blight and the racial wealth gap, and to promote a dialogue about how to remove barriers to fair housing that still exist today. We also co-launched the Sustainable, Prosperous, and Resilient Communities Challenge (SPARCC) initiative, created to reverse racial and economic inequities in communities of color and low-income neighborhoods. Outside of Enterprise, we’re bringing a racial equity lens across all our efforts to promote fair housing and equitable access to opportunity.



Donors, Board & Financials
 

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Kids at early learning center

Our Generous Donors

Thank you to every individual and organization who generously made a contribution to Enterprise in 2017. Your giving spirit made a difference and helped us create more well-designed homes that are affordable and connected to opportunity.

See Our 2017 Donors

Rick Lazio at board retreat

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

Colorful building in community

Financials

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

View Our 2017 Financials