Enterprise has closed on the financing for the development of 76 new affordable apartments, Park Montgomery West, and the renovation of the 141-unit Park Montgomery Apartments, an existing apartment community located at 8860 Piney Branch Road in Silver Spring, Maryland.

At the end of the first year, Enterprise's Aging Well Program grantees share key strategies for organizations serving older adults aging in place.

Congress must act so that communities hit by disaster can receive funding more quickly and equitably, Enterprise’s CEO and President Shaun Donovan testified before Congress. Donovan also stressed that communities need funding to be better prepared for disasters, noting that mitigation measures can more than pay for themselves and can save an average of $6 in future disaster recovery costs for every dollar spent.

Housing instability and low-quality homes contribute to a variety of mental and physical health problems. To address the health implications of housing scarcity, health care provider Kaiser Permanente and Enterprise Community Loan Fund – Enterprise Community Partner’s community development financial institution (CDFI) – launched the $100 million RxHome Fund in 2018. The goal? To create and preserve safe, affordable multifamily rental homes for low-income residents across Kaiser Permanente’s service area.

The number of Americans experiencing homelessness on a given night rose by 12 percent in 2023 surpassing 650,000 people for the first time since reporting on this metric began in 2007. Said another way, one out of every 500 men, women, and children in the US were found either in a temporary shelter or unsheltered in places not meant for habitation, such as in parks, cars, abandoned buildings, or transit stations.

Housing finance agencies are key to helping the multifamily sector realize the benefits of the Inflation Reduction Act. We speak with HFA leaders from across the nation about innovations and incentives designed to help bring energy-efficiency resources to bear.