The timing of this pandemic can serve as wake-up call. Now is the time to respond to increasing climate events and mitigate the risks that threaten our most vulnerable communities, our homes and our lives.
Enterprise’s Policy Development & Research team looks at the connection between racial disparities in the Covid-19 pandemic and the housing challenges facing communities of color, especially black communities.
On June 21, the Strategic Growth Council approved awards totaling $402 million to 25 Affordable Housing and Sustainable Communities Program developments throughout California. Enterprise is a statewide technical assistance provider and worked with 20 of the 25 successful applications.
On June 18, the House Ways and Means Committee marked-up and passed four bills, including H.R. 3301, The Taxpayer Certainty and Disaster Tax Relief Act of 2019, which would extend the New Markets Tax Credit (NMTC) through the end of 2020.
The ACTION Campaign (ACTION), which Enterprise co-chairs, released new fact sheets that demonstrate the impact of multifamily housing bonds (Housing Bonds) with the Low-Income Housing Tax Credit (Housing Credit), as well as the projected additional affordable homes from establishing a minimum 4 percent Housing Credit rate at the national scale and for the top 12 states that would benefit.
On May 22, HUD announced a forthcoming proposed rule that would roll back protections for transgender people experiencing homelessness by allowing federally-funded homeless shelters whose facilities are segregated by sex (such as bathrooms and sleeping quarters) to establish an admission policy that considers an individual’s sex and a range of other factors.
People have a natural desire to build community. Whether it’s by sharing the proverbial cup of sugar or through more organized block associations, our neighborhoods provide opportunities to develop connections with one another and get engaged in the decisions that impact everyone’s quality of life.
How can early learning centers and housing be combined into a single project? Financing can be complicated and daunting, but Enterprise experts offer guidance to both the affordable housing and early learning sectors as they expand their ability to develop these multi-use buildings to benefit their communities.