With a historic budget surplus, now is the time for Gov. Gavin Newsom and California Legislative leaders to make transformative affordable housing investment
Enterprise's Southern California market was selected by Citi Foundation as a recipient of the Community Progress Makers initiative, which supports visionary organizations working to connect low-income communities and communities of color to greater social and economic opportunity.
In the Los Angeles Times, Jacqueline Waggoner, an executive with affordable housing nonprofit Enterprise Community Partners says “Most affordable housing stock is not under tax credits or something else. It’s critical that we don’t lose what we have.”
Coalition for Responsible Community Development, an affordable housing developer based in Historic South Central, was awarded $6 million in financing from Enterprise Community Partners to build 50 apartments for low-income families in Boyle Heights and further its expansion goals.
Enterprise Community Partners is apart of a coalition of philanthropic and nonprofit partners who are piloting a new initiative in select neighborhoods in Los Angeles that is intended to stabilize small landlords whose tenants have been disproportionately impacted by the coronavirus pandemic.
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.
With thousands of Californians in jeopardy every year of losing their rental housing, now is not the time to eliminate California's Foreclosure Intervention Housing Preservation Program.