For two decades, Enterprise has provided the financing and expertise to expand homeownership and build stronger, more sustainable neighborhoods across the Dallas-Fort Worth Metroplex. Enterprise helps individuals and families prepare for the responsibilities of homeownership so they can enjoy long-term success and become community stakeholders. Enterprise also helps preserve affordable housing through EHOP-Dallas — to date, we have acquired and rehabilitated 200 properties and sold more than 155 affordable homes. Enterprise also is a leading advocate for greener, more cost-efficient and environmentally responsive affordable housing in Dallas.

We are grateful to the many partners that support our work in Dallas.

Texas Neighborhood Stabilibation Program (Texas NSP)
A partnership with the state of Texas to provide down payment and closing cost assistance and permanent financing opportunities for families in ten counties surrounding Dallas.

The Dallas office of Enterprise was recently awarded $6 million in Neighborhood Stabilization Program funds from the state of Texas to help qualified homebuyers with downpayment and closing cost assistance for low-income families. Learn more about Texas NSP

• News Release (July 6, 2010, PDF, 26K)
• Video: Millions in free money for foreclosures about to expire. WFAA, July 22, 2010

Accomplishments
In Dallas, Enterprise has played a role in creating nearly 12,700 affordable homes and invested more than $90 million over the past 20 years.

Since 1988, Enterprise has:

• Assisted 6,500 families in becoming first-time homeowners by distributing more than $62 million in zero-interest down payment and closing assistance through the City of Dallas Mortgage Assistance Program (MAP).
• Led the Dallas Community Development Partnership in providing more than $2.5 million in grants to nonprofit developers who have produced more than 1,650 affordable homes, three community centers and a
  geriatric clinic
• Leveraged more than $450 million in private mortgage financing.
• Transferred more than $2.2 million in equity to first-time homeowners.

Over the next three years in Dallas, Enterprise will:

• Produce 2,500 quality affordable housing opportunities, including preparing 1,800 additional families to become first-time homebuyers through MAP.
• Acquire, rehab and sell more than 325 HUD-foreclosed and REO properties.
• Provide leadership and advocacy to strengthen policy standards for affordable green.

Success Story
Lawanda Strahn and her three children became the 5,000th family to achieve homeownership through the Enterprise and City of Dallas Mortgage Assistance Program when they purchased their new, 1,500 sq. ft. home in South Dallas.

"My kids and I have really worked to make this happen—I work while they are at school and we work together in my Mom's restaurant on the weekends. Because we have done this as a family, getting the home was that much more exciting."
Lawanda Strahn

More stories

Local Collaborations
Enterprise Homeownership Partners in Dallas is a partnership with the U.S. Department of Housing and Urban Development to make the dream of homeownership attainable. Enterprise purchases properties in bulk from HUD for a discounted price. Then we rehabilitate the homes and sell to homebuyers who meet the program guidelines.

Dallas Mortgage Assistance Program (Dallas MAP) is a partnership with the city. Since 1992, Enterprise has administered the city's First-Time Homebuyer Program with funding from the U. S. Department of Housing and Urban Development.

Dallas Profile (PDF, 130 KB, June 2008)

Enterprise Community Partners
2201 Main Street, Suite 1299
Dallas, TX 75201

Phone 214.651.7789
Fax 214.651.7231

Kim Weaver-McDonald
Program Office Director
Email Kim

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