Enterprise announced today the closing of two new affordable housing funds totaling $526 million that are expected to help create or preserve more than 6,300 homes across the U.S.
Enterprise launched Asset Management University 2.0, a comprehensive, organization-focused training and technical assistance (TA) program to offer tools and expertise needed to enhance asset management practices.
Enterprise has put together a two-part training focused on leading a successful Year-15 transition, and encourages owners of NYC LIHTC projects in Years 10-15 of their compliance periods to attend the two-course training session.
Enterprise Community Partners today applauds the Senate Finance Committee for including language in its budget reconciliation package proposal that would permanently extend the New Market Tax Credit and strengthen the Low-Income Housing Tax Credit, a resoundingly bipartisan way to expand the housing supply and economic opportunity in every part of the nation.
The LIHTC fund will create or preserve 1,708 affordable homes across the country — and generate 2,777 new jobs and $314.6 million in wages, tax revenue, and business income, including $179.5 million in direct wages to workers.
This report from Enterprise and the National Equity Fund highlights the distress in New York's affordable housing stock and what solutions stakeholders must take to reverse it.
The Frey Fund, launched by Enterprise in 2018, is a flexible financing tool that provides capital to mission-driven affordable housing developers across New York State.