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Enterprise in the News

Cleveland’s southeast side to get 30 new affordable homes

CHN Housing Partners and Enterprise announce their 50th housing credit development called Hope Homes I, a lease-purchase program of 30 single-family homes for low-income Clevelanders.

Low-Income Housing Tax Credit

Ohio

News

Enterprise Raises $407 Million for Affordable Housing Development and Preservation

Enterprise announced the closing of two new Low-Income Housing Tax Credit multi-investor funds that will create or preserve 2,497 homes in 11 states and the U.S. Virgin Islands.

April 1, 2025

Low-Income Housing Tax Credit

Ohio

News

Ayonna Blue Donald Named Vice President, Ohio Market Leader

Enterprise names Ayonna Blue Donald, a longtime public servant for the city of Cleveland, as its new vice president and Ohio market leader.

November 14, 2021

Ohio

News

Enterprise Closes Two Housing Credit Funds Totaling $365 Million

Enterprise closed Enterprise Housing Partners Funds XXXVI and XXXVII, two Low-Income Housing Tax Credit funds, totaling $365 million from 17 investors.

December 1, 2021

Low-Income Housing Tax Credit

Enterprise in the News

Cleveland proposes major changes to tax abatement policy aimed at more equitable, affordable housing

Many of the recommendations – along with ones issued in April by a coalition of housing groups led by Enterprise Community Partners and Cleveland Neighborhood Progress – are reflected in the city’s proposed new policy.

Policy 

Ohio

Enterprise in the News

Already scarce affordable housing in Ohio would wither if budget amendment passes: Mark McDermott and Kevin J. Nowak

If the Senate proposal becomes law, doubled or tripled values — and tax bills — would be standard, and there would be no basis for appeal. Properties like Maple Park Place would be in instant and severe financial trouble.

Ohio

Enterprise in the News

Permanent housing development planned for young people transitioning from homelessness

FrontLine Service will operate as the lead onsite service provider, while Enterprise Community Partners and A Place 4 Me will serve as convening partners for the collaborative initiative.

Ohio

Enterprise in the News

Lead Safe Cleveland Coalition asks for $17.5M of $511M federal aid, council members say double that

Of the $99.4 million budgeted for five years, about $40 million is expected to be distributed in loans and $40 million is to be spent as grants, said Mark McDermott of Enterprise Community Partners. The balance would cover the program’s administrative costs and some initial landlord costs, such as for lead testing.

Ohio

News

Launch of "What's Possible”: A Blueprint for Sustainable American Communities

Enterprise, LISC, and the Federal Reserve Bank of New York, are pleased to announce the publication of What's Possible: Investing NOW for Prosperous, Sustainable Neighborhoods. The project, funded by the Wells Fargo Foundation, will serve as a critical resource for everyone committed to tackling the climate crisis and building more resilient, sustainable, and prosperous communities.

April 30, 2024