During a two-day academy at the Federal Reserve Bank of Minneapolis, our Rural Communities team brought together elected officials, financial experts, housing providers, and state, and federal agencies to explore preservation solutions.
In 2017, Mammoth Lakes Housing — a small nonprofit community housing developer in the rural mountain town of Mammoth Lakes, California — set out to transform an aging industrial building into 13 affordable apartments. The team was discouraged, however, when the bid for the project came in millions of dollars over the funding they had secured. At a critical moment, Mammoth Lakes Housing secured Section 4 funding to move ahead with the development, now scheduled to be completed in 2025.
Statement from Shaun Donovan, CEO and President of Enterprise, on the focus on solutions for affordable housing in the upcoming presidential election.
The 2024 U.S. Virgin Islands Housing Ecosystem Development Grant recipients will be recognized at a community roundtable hosted by Enterprise with the Federal Home Loan Bank of NY.
Enterprise and the Federal Home Loan Bank of NY announce the four grantees of the U.S. Virgin Islands Housing Ecosystem Development Grants program and will recognize the recipients at a community roundtable, "Housing Our Community."