August 25, 2020

Your Top Five Updates for August 2020

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News and public policy move quickly, and keeping you up to date is a top priority. Subscribe to News From Enterprise to have updates like this sent straight to your inbox.

1. In a Pandemic, Housing Instability Is a Preexisting Condition

An Enterprise analysis finds that the renters most likely to be struggling with housing insecurity are also those with the highest rates of housing cost burdens pre-pandemic. We know that income supplements, such as the stimulus payments and enhanced unemployment income benefits included in the federal CARES Act, have helped renters stay stably housed and will continue to do so – but only so long as those supports remain available.

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2. Integrative Design: The Essential Framework of Green Communities

Since the first iteration of the Enterprise Green Communities Criteria, the practice of integrative design has helped ensure a holistic approach. When done well, integrative design can build equity and empowerment by sharing knowledge and decision-making power among the development team, residents and their community. The end result is much more than a sustainable building: It’s a platform that allows residents and communities to thrive. When we build more resilient communities, we build a better future for everyone.

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3. The Health Action Plan Toolkit: A Public Health Process for Affordable Housing

A doctor only writes a prescription after seeing their patient, learning their medical history and understanding their specific needs. Affordable housing developers can approach their selection of healthy building strategies and services in the same way with our Health Action Plan. The toolkit includes a full suite of resources to support developers, including Enterprise's Technical Assistance Providers Database and a guide to safe, responsible community engagement strategies during Covid-19. 

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4. Fifteen Years Since Hurricane Katrina: Building Resilient Futures

Fifteen years ago after Hurricane Katrina devastated the Gulf Coast, Enterprise committed to help rebuild homes and communities. Since then, we have invested about $530 million, and together with our partners, we have helped create nearly 13,000 affordable homes for families across the Gulf Coast region. As the region faces more storms, we remain committed to the people of the Gulf Coast and look forward to working with our partners to overcome barriers and build resilient futures.

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5. Enterprise-Supported Development Wins Charles L. Edson Tax Credit Excellence Award

Mercy Housing's Mercy Magnuson Place in Seattle has won the prestigious Charles L. Edson Tax Credit Excellence Award from the Affordable Housing Tax Credit Coalition. Enterprise Housing Credit Investments is proud to have invested $35 million of Low-Income Housing Tax Credit and Federal Historic Tax Credit equity towards the rehabilitation alongside Bellwether Enterprise, which provided $8 million in permanent financing. 

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Plus, Check Out Recordings of Our Webinars and Online Events

We know that so many of the conferences on your calendar are now on hold. Check out our recent and upcoming webinars and virtual events. 

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