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State Awards Low-Income Housing Tax Credits to Two Enterprise Community Development Projects

Enterprise Community Development announced that two of its projects have been awarded 9% Low-Income Housing Tax Credits (LIHTC) through the Maryland Department of Housing and Community Development’s (DHCD) 2025 competitive funding round.

November 19, 2025

Enterprise Faith-Based Development Initiative^SM

Green Communities

Development, Property Management and Resident Services

Construction and Development 

Low-Income Housing Tax Credit

Mid-Atlantic

Enterprise in the News

Baker School conversion completes Fay Towers rehousing trifecta

The $15.8 million rehab and conversion of the former elementary school into 50 apartments is the last of a trio of projects by the Richmond Redevelopment & Housing Authority and Enterprise Community Development to provide replacement housing for residents of the towers, which RRHA is looking to redevelop as mixed-income housing.

Low-Income Housing Tax Credit

Construction and Development 

Mid-Atlantic

State Awards Low-Income Housing Tax Credits to Two Enterprise Community Development Projects

Baker School conversion completes Fay Towers rehousing trifecta

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