Enterprise Community Investment 2010 Investor Report
In 2010, the tide swiftly turned and new trends emerged. Signs of recovery materialized, and the capital markets rebounded. For the first time in many years, the amount of capital available exceeded the supply of quality affordable housing and community development deals available for investment. Enterprise raised more than $800 million in LIHTC equity in 2010, nearly three times more than in 2009. We worked with investors new to the market and strengthened our commitment to long-term investment partners. We expanded our presence in several regions, building new relationships and deepening existing ones with corporations and regional and local banks.