Enterprise today announced the expansion of its precedent-setting Faith-Based Development Initiative (FBDI) to Texas, part of the national nonprofit’s goal of expanding affordable housing in partnership with houses of worship nationwide.
First published in The Baltimore Sun, Enterprise's David Bowers, vice president, and Sheila Somashekar, director of the Purple Line Corridor Coalition, urge partners across public, private and philanthropic sectors to make bold investments in affordable housing today to ensure this historic transit investment works for everyone in the decades to come.
This spring, 20 affordable housing owner/operators from Illinois and Michigan participated in our Midwest Climate Resilience Academy, a five-session training series providing information, resources, and technical assistance (TA) to affordable housing providers on protecting their portfolio against the region’s unique climate hazards.
On June 27, the House subcommittee that funds the federal Department of Housing and Urban Development (HUD) approved its fiscal year 2025 (FY25) spending bill and sent the proposal to the full committee for consideration. Due to the bipartisan debt limit legislation, the Fiscal Responsibility Act of 2023 (FRA), Congressional appropriators are operating under strict budget caps, which will affect the amount they can provide for non-defense discretionary programs.