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S&P Upgrades Enterprise Community Loan Fund to “AA-” Credit Rating
Standard & Poor’s Global Ratings (S&P) has upgraded its issuer credit rating for the Enterprise Community Loan Fund (ECLF)—the community development financial institution (CDFI) of Enterprise—and its long-term rating on ECLF’s series 2018 taxable sustainability bonds from “A+” to “AA-.”
News
Invest Native Grants Nearly $11 Million to 28 Tribal Groups in Six States
Twenty-eight Native-led organizations aim to strengthen housing access and affordability, small business growth, financial health, and sustainability in Native communities.
News
Enterprise Community Development Wins National Recognition For Senior Community In Reston
Today, Affordable Housing Finance named Enterprise Community Development’s Lake Anne House as the 2023 “Best Overall Project” and “Best Senior Development” in its annual Readers’ Choice Awards program. Lake Anne House was selected for its preservation of affordable housing that has enabled 300+ culturally diverse, low-income residents to age in place in Fairfax County, one of Virginia’s most expensive counties.
Community Highlights
Enterprise and the Federal Home Loan Bank of New York Launch USVI Housing Ecosystem Development Grants
Enterprise Community Partners hosted U.S. Virgin Islands (USVI) Housing Ecosystem Development Grantees at an in-person public event and roundtable discussion highlighting resources, shared learnings, and challenges faced by affordable housing developers on the islands.
Enterprise in the News
A case for keeping rental assistance provided by the USDA
In the Clarion-Ledger, Enterprise's Adrienne Norwood and Robin Wolff write about the need for Congress to pass the Rural Housing Service Reform Act.
News
Enterprise Preserves Affordable Housing in D.C.’s Edgewood Commons
Enterprise has successfully closed on the acquisition and financing of Edgewood 611 Apartments and three adjacent buildings on the Edgewood Commons campus in Northeast Washington, D.C.
Enterprise in the News
$400k Awarded for Affordable Housing to Virgin Islanders
Three grants to create low-income housing were awarded Tuesday by Enterprise Community Partners with $400,000 from the Federal Home Loan Bank of New York.
News
Colorado Building is First-Ever to Achieve "Green Communities Plus" Efficiency Certification
An affordable housing community for seniors in Fort Collins, Colorado, features energy, health and design innovations that reduce energy consumption, lower utility bills, and enhance resident wellness.