The Severn Companies and Enterprise have partnered to acquire Ivy Crossing just outside of Baltimore, preserving much-needed affordable workforce housing and enabling the 1947 community to receive substantial renovations.
The Baltimore region was awarded a $3.5 million Sustainable Communities Initiative (SCI) planning grant in 2011. Enterprise and the National Center for Smart Growth at the University of Maryland were members of the Baltimore region’s grant planning body, the Opportunity Collaborative.
Sun Crest Heights received a complete makeover via the inaugural Solarthon, a solar installation block party and fundraiser. Enterprise Community Loan Fund provided a $4.1 million loan to preserve the affordability of Sun Crest’s 44 homes. The loan was part of Our Region, Your Investment, a local impact investing initiative.
When the co-founders of Baltimore-based UNION Brewing set out to find the perfect space to grow their operations, they realized that many other like-minded local entrepreneurs were also looking for a place to expand their businesses.
For the second year, Enterprise’s Mid-Atlantic office and the University of Baltimore’s Schafer Center for Public Policy are partnering to bring a unique opportunity to houses of worship in Baltimore that have a vision to create affordable housing and/or community facilities in their communities.