Congratulations to Farmworker Housing Development Corporation on the closing of Colonia Unidad & Esperanza Court in Woodburn, Oregon! The two-site mixed construction project will preserve 12 homes at Esperanza Court and create 44 homes at Colonia Unidad.
The Severn Companies and Enterprise have partnered to acquire Ivy Crossing just outside of Baltimore, preserving much-needed affordable workforce housing and enabling the 1947 community to receive substantial renovations.
The John Stewart Company is celebrating the grand re-opening of Village East Apartments in Stockton, California! The moderate rehabilitation will preserve 187 affordable homes for low-income families, all of which are subsidized.
Affordable Housing Finance reports onthe closing to new investment of Enterprise's third conventional real estate equity fund, which helps fill a crucial need in communities across the country: investment to preserve and improve affordable and workforce housing.
Enterprise's third conventional real estate equity fund is closed to new investment after raising $110 million. The fund is expected to preserve more than 5,000 affordable and workforce homes while delivering attractive risk-adjusted returns to socially minded investors.