Look upward in downtown Detroit and you’ll see ornate skyscrapers built even before the city’s automotive-fueled heyday of the 1950s, when it was the richest city in the country. Lower your gaze, and the bevy of cranes offers signs of renewal. At street level, crowded restaurants and busy sidewalks create an urban buzz familiar to any city dweller. For Melinda Clemons, this activity is a positive sign, as her hometown builds back from the national foreclosure crisis in 2008 and municipal bankruptcy five years later.

Enterprise has successfully closed on the acquisition and financing of Edgewood 611 Apartments and three adjacent buildings on the Edgewood Commons campus in Northeast Washington, D.C.

Congressional leaders overnight released text of a $1.7 trillion spending package to keep the government funded through next September. Lawmakers failed, however, to make permanent critical disaster rebuilding aid.

The fiscal year 2023 omnibus appropriations bill just released by Congress includes strong funding levels for many affordable housing and community development programs, which is particularly important given the impact inflation has had on people across the country.