Enterprise Community Partners Launches Five-Year Strategic Plan to Increase Housing Supply, Advance Racial Equity and Build Resilience and Upward Mobility
Enterprise Community Partners congratulates U.S. Representative Marcia Fudge on her nomination to secretary of the U.S. Department of Housing & Urban Development (HUD).
Enterprise's first investment through Equitable Path Forward, a five-year, $3.5 billion nationwide initiative to help dismantle the deeply rooted legacy of racism in housing. The $1 million investment in the Aequo Fund will provide capital to early-career BIPOC and other historically marginalized housing providers, helping to grow their portfolios and create affordable homes at the same time.
Grants totaling $485,000 were awarded to 12 Mississippi, Louisiana and Texas affordable housing organizations through the HUD Section 4 Capacity Building Program.
The City of Detroit, Enterprise and University of Michigan’s Poverty Solutions co-authored the buyer guide that includes do-it-yourself checklists and guidance on land contract risks.
On April 9, President Biden released his blueprint for the Fiscal Year (FY) 2022 budget. The request is the first installment of the President’s budget plan. The $1.52 trillion budget request, a 16 percent increase in non-defense discretionary funding, is aimed at addressing inequality, disease and climate change, and it includes significant investments in Enterprise policy priorities.