|
Opportunity combined with the near-perfect weather makes California a great place to live. Unless you’re poor. A swelling population, booming real estate market and soaring energy costs have forced many low-income Californians into illegal, unsafe living spaces, even without running water or proper ventilation. And it will only get worse. With every new year, nearly 19,000 additional families will need housing.
Enterprise works in Los Angeles to unite development partners, strategies and capital resources, and transform neighborhoods. We create supportive housing for seniors and people with special needs, and rehabilitate abandoned and dilapidated buildings through the metropolitan area.
Enterprise introduced singer-song writer Mary McBride to Skid Row Housing Trust in Los Angeles, which hosted Mary during her The Way Home tour at the Abbey Apartments and New Carver Apartments in downtown Los Angeles. The concert tour focuses on "places people call home" - including supportive housing communities, long-term health care centers, homeless shelters, homes for people living with HIV/AIDS and homes for people living with mental and physical disabilities. Both the Abbey and New Carver apartments provide permanent supportive housing for the formerly homeless.
Download documents for the August 12th training.
Thursday, October 21, 2010 6 - 9 p.m. Find out more.
Enterprise's Green Grant program provides energy-efficiency upgrades free of charge to low-income homeowners who qualify.
This newsletter highlights the latest progress on providing assistance, strengthening capacity and better positioning our partners throughout the state (and country) to continue to do the work they do. Read the current issue.
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 $92 million to build more than 2,000 Green Communities homes.
- The Enterprise Green Communities Criteria was adopted by the cities of Los Angeles as the standard for homes rehabbed and rebuilt under the federal Neighborhood Stabilization Program.
- Enterprise launched the nation's first green tax credit equity fund, to create nearly 500 green affordable homes for low- and moderate-income families in the state of California.
- BP and Enterprise have successfully installed solar systems on 42 low-income single family homes in South Los Angeles through the BP Solar Neighbors Program™. The St. George Hotel was the first low-income multifamily building on West Coast to receive a solar electric system installation from the program.
- We are also piloting new green retrofit financing tools for developers to retrofit their multifamily properties with energy- and water-saving features.
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.
The Fund offers acquisition and predevelopment loans to developers committed to the creation and preservation of affordable housing in the city of Los Angeles.
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.
Enterprise and the city of Los Angeles partnered to create Restore Neighborhoods Los Angeles (RNLA), a community-based development organization that will acquire bank real estate owned (REO) properties and rehabilitate them into affordable housing.
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.
Enterprise Home Ownership Partners (EHOP) is a groundbreaking partnership between Enterprise, the city of Los Angeles and HUD is creating hundreds of affordable for-sale homes for low-income buyers. The investment in neighborhoods such as South Central helps stabilize struggling communities while providing employment training and opportunities for small minority companies.
The Southern California Leadership Council gives their time and expertise to help us help others.
Enterprise Community Partners
315 West 9th Street, Suite 801
Los Angeles, CA 90015
Phone 213.833.7988
Fax 213.833.7989
Email Jeffrey
Jeffrey Schaffer
Vice President and Impact Market Leader
Find us on Google Maps |
