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Once a major U.S. manufacturing center, Baltimore suffered from deindustrialization and loss of jobs in the 1970s and 1980s. The 1990s brought successful revitalization and a new service-based economy to Baltimore, which now boasts a dynamic waterfront, busy port and leadership in higher education and life sciences. Still, 1 in 5 Baltimore residents lived below the poverty line in 2008, and many schools rank among the lowest in the state.
Enterprise revitalizes Baltimore communities with capital, development, technical assistance and programs. Our model starts with homes, builds partnerships, connects schools and makes it last through policy initiatives.
This newsletter highlights the latest progress on building and sustaining green, affordable housing; creating foreclosure response strategies; helping young people excel in school against great odds; and bringing together deeply committed volunteers. Read the current issue.
- $650 million+ invested
- 13,000+ homes
- 1.8 million+ s.f. of commercial and community space built
Baltimore profile (PDF, 114KB)
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A special place for Baltimore’s teachers to live, learn and play. That’s the concept behind Miller’s Court, a former manufacturing plant rehabilitated with New Markets Tax Credit financing. Miller’s Court offers green, loft-style apartments targeted to first-year teachers new to the city, and office space with reduced rent for Teach for America and other educational nonprofits serving Baltimore City Public Schools. Read more. Photo: Harry Connolly |
Green is the new affordable. Thanks to Enterprise’s Green Communities initiative, the industry is rethinking the way affordable housing is designed and built. Our five-year initiative invested $700 million to build nearly 16,000 green affordable homes, and demonstrated that green affordable housing is attainable. That it produces measurable long-term cost savings. And it brings health, economic and environmental benefits that will sustain communities into the next generation and beyond. Enterprise Green Communities now moves into a new phase with a firm commitment to make housing green and affordable for all.
- Enterprise has invested more than $43 million to build nearly 800 Green Communities homes.
- Enterprise received top honors from the Baltimore Business Journal for its green design of New Shiloh Village Senior Living in West Baltimore.
- Our development arm Enterprise Homes builds green affordable and mixed-income communities in Baltimore and throughout Maryland.
We offer a unique breadth of knowledge, expertise and financial products — including tax credit equity, debt and predevelopment lending — that yield both social and economic returns. Our team of experts continues to strengthen and expand the range and reach of these vital tools.
A history of innovation drives our approach. From the Low-Income Housing and New Markets Tax Credit programs to our Green Communities initiative, we help shape, introduce and take to scale the solutions that create, preserve and transform communities nationwide.
Good policy — and successful partnerships — are key to thriving communities. Enterprise is a trusted advisor at the local, state and federal levels, advocating bold policy priorities, and we align strategic partnerships to leverage public, private and nonprofit resources into results.
The Enterprise Women’s Network of Baltimore was formed in 2000 by a group of active business, civic and community leaders to help a generation of low-income women lift themselves and their families out of poverty.
ABCD aims to change the policy environment around community development through education and outreach. The group produces forums, webinars, newsletters and action alerts to mobilize its base and communicate priorities to policy makers. Visit archived versions of ABCD Network events.
We are grateful to the many partners that support our work in Baltimore.
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Photo: Mike Elliott |
An Enterprise-led education program is helping families reach their fullest potential. HIPPY (Home Instruction for Parents with Preschool Youngsters) helps parents prepare their preschoolers to enter kindergarten at the same skill levels as kids throughout the state. The program, which works with parents in their homes, teaches the parents to be their children’s first teachers.
“Enterprise’s pre-school program helped my children enter kindergarten ready to learn.” – Sandra Smith
Enterprise Community Partners
312 North Martin Luther King Jr., Blvd,
3rd floor
Baltimore, MD 21201
Phone 410.332.7400
Fax 410.230.2290
Email Kelly
Kelly Cartales
Vice President and Impact Market Leader
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