Director of Impact Investing Rachel Reilly talks about Enterprise's plans for Opportunity Funds in an ImpactAlpha article about 10 impact fund managers looking to shape the future of Opportunity Zone investing. The story also quotes Enterprise board member Shekar Narasimhan.
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.
Loan Fund is among the 25 Community Development Financial Institutions (CDFIs) and 15 nonprofit housing organizations which received a Capital Magnet Fund (CMF) award today from the U.S. Department of the Treasury's CDFI Fund.