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Enterprise Community Partners

Columbia, Maryland

Grants and Impact Investments

2017 ( 3 months)
$15,000

Enterprise Community Partners works nationwide to create and advocate for affordable homes in thriving communities linked to good schools, jobs, transit and health care. With this award, Enterprise -- in partnership with the Chicago Metropolitan Area Planning agency, the Metropolitan Planning Council, and Chicago Fair Housing Alliance – convenes county, municipal, and public housing administrators to highlight best practices in fair housing. The meeting will help to develop an Affirmatively Fair Housing Plan and will highlight the economic and social benefits of advancing place-based equity. The meeting sustains efforts to advance a unified vision for fair housing in the seven-county Chicago metropolitan region.

2015 (3 years)
$500,000

Enterprise Community Partners (Enterprise) is a national intermediary that funds, finances, manages, and builds affordable housing to expand opportunity for low- and moderate-income people in communities across the country. Grant funds support the Make Room campaign to build awareness of the rental affordability crisis in the United States and to integrate Enterprise’s state and local policy initiatives into the effort. The campaign aims to expand the constituency pressing for more affordable rental housing to include networks of individuals in the public, private and philanthropic sectors, who can effect change; it also seeks to to promote greater opportunity, health and well-being for rent-burdened families. To support local partners in addressing rental affordability crises in their communities, Enterprise is providing the tools and strategies needed to make the case for more resources and for policies to increase the availability of affordable rental housing.

2015 (2 years)
$500,000

The vision of Enterprise Community Partners is for every person to one day have an affordable home in a vibrant community, a mission it has pursued for more than 30 years, raising nearly $16 billion to help build or preserve 320,000 affordable homes and create more than half a million jobs nationwide. Enterprise Community Partners, in partnership with Folio Investing, will launch an online community investment marketplace, enabling individual and institutional impact investors to easily find and provide capital to mission-driven financial intermediaries known as Community Development Financial Institutions. By providing a sophisticated and fully functional site for purchasing regulated securities issued by these institutions, this innovative marketplace should efficiently unlock capital from new and more investors, enabling more resources to flow to activities aimed at strengthening low-income and underserved communities across the United States.

2014 (1 year)
$500,000

Enterprise Community Partners works to create opportunity for low- and moderate-income people by advocating for, investing in, and leveraging financial resources to create and preserve safe, healthy, affordable homes in thriving communities. This grant supports ECP to develop and launch a seven-year national call-to-action campaign to create and engage a broad-based constituency that will advocate for and raise new resources to help ensure that all families have a home that is affordable and promotes economic opportunity. ECP will staff, manage, and launch the campaign, including developing creative concepts and collateral material.

2012 (1 year)
$300,000

Energy efficiency improvements of affordable rental housing result in lower energy and water costs, reduced carbon emissions, and improved indoor living environments. Enterprise Community Partners is among the nation’s top ten financiers of affordable rental housing and has been actively working for nearly a decade to incorporate more environmentally-conscious practices into how that housing is built and managed. Enterprise will use this grant to investigate the feasibility of a new social venture dedicated to the delivery of high-quality energy efficiency services and products to the affordable rental housing sector.

2011 (2 years)
$200,000

To adopt the Energy Score Card for multifamily rental properties (over two years).

2001 (2 years 6 months)
$872,400

To support the National Community Development Initiative (over three years).

1997 (10 years 2 months)
$1,000,000

Program-related investment to promote low-income home ownership through below-market mortgage loans.

1996 (11 years)
$1,500,000

To support the activities of community development corporations across the country (over four years).

1996 (1 year)
$500,000

Program-related investment to support the activities of community development corporations across the country.

1995 (9 years 6 months)
$2,000,000

Program-related investment to support efforts to provide affordable housing to low-income people.

1993 (3 years)
$750,000

In support of general operations (over three years).

1992 (10 years 4 months)
$2,000,000

Program-related investment to support pre-development, acquisition, and other short-term loans for nonprofit housing development projects and to help address the housing needs of the poor in dozens of American cities.

1991 (1 year)
$420,000

To support the National Community Development Initiative, a collaborative effort among eight foundations to increase the resources available to community development and to foster more effective developmental partnerships in 20 cities.

1990 (17 years)
$1,500,000

Program-related investment to support pre-development, acquisition, and other short-term loans for nonprofit housing development projects and the efforts of the Enterprise Foundation to address the housing needs of the poor in dozens of American cities.

1990 (1 year)
$750,000

To support the development of affordable housing for low-income groups; the development of low-cost construction techniques; the creation of innovative financing techniques; and job training and literacy services.

1986 (16 years)
$1,500,000

Program-related investment to provide capital for the following purposes: lease purchase/home ownership loans; acquisition/construction loans; syndication bridge loans; and pre-development and working capital loans to facilitate the construction or rehabilitation of housing for the poor.

1982 (1 year)
$500,000

To support staffing and operations to provide technical assistance to local community housing corporations dedicated to improving housing for the poor.