Enterprise works with our partners in the city of San Francisco and throughout Northern California to help reduce the impact of the foreclosure crisis, and to turn deteriorating public housing into green, affordable homes for people of all incomes. At the same time, much of Northern California's affordable housing is in older buildings in need of retrofit and we help connect developers with the resources to do green retrofits. We also provide expertise, resource development and policy advocacy on public housing redevelopment and mixed-income communities
Northern California Profile (PDF, 207K)
Northern California Enterprise released a new Energy Audit Protocol for multifamily housing in June 2010. This protocol is a methodology for conducting an investment grade energy and water conservation audit of existing multifamily properties. It will be required for all properties participating in Enterprise's green retrofit funding programs in Northern California. (PDF, 312K)
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.
Enterprise is part of a bold new initiative to rebuild eight seriously distressed San Francisco Housing Authority properties. Our partnership with the city of San Francisco will help create 2,500 affordable, energy-efficient apartments and assist with neighborhood stabilization efforts in the surrounding areas, transforming the lives of low-income residents. Hunters View is the first community developed by HOPE SF.
Learn about Enterprise’s lending and asset management services in California. We offer a unique breadth of knowledge, expertise and financial products — including tax credit equity, debt, predevelopment lending and new markets tax credits — that yield both social and economic returns.
A $50 million equity fund for affordable housing in Northern California sponsored by AAA of Northern California
We have invested more than $22 million to build nearly 700 homes that meet the Enterprise Green Communities Criteria.
The $40 million Enterprise California Green Equity Fund – the nation’s first green tax credit equity fund –targets projects meeting the Green Communities guidelines.
Enterprise launched a Green Retrofit Pilot Program to create financing tools and provide support to developers to retrofit their multifamily properties with energy- and water-saving features.
Our partnership with the Mayor's Office of Housing and the San Francisco Redevelopment Agency will invest $100 million worth of incentives to build 600 new green homes in San Francisco. Read the news release. (PDF, 35K)
2009
By Dana Bourland
Request the full report (3MB) or download the abridged report PDF for free. (816K)
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This report highlights the incremental cost of building to meet Enterprise Green Communities Criteria and outlines the long term-benefits of green building methods. It includes powerful data from more than three years of learning and outlines a path to a greener affordable housing future. |
Enterprise works with numerous partners in Northern California to help stabilize neighborhoods impacted by foreclosure. We develop effective regional and collaborative approaches to addressing foreclosure, and shape public policy that promotes effective solutions to the crisis. These initiatives leverage resources from the National Community Stabilization Trust and Neighborhood Stabilization Program.
Enterprise has partnered with San Francisco’s Tenderloin Neighborhood Development Corporation (TNDC) on several affordable housing developments, including the West Hotel, a single-room occupancy building purchased by TNDC in 2001. Through this partnership, the dilapidated and neglected West Hotel underwent a complete renovation, reopening in 2004.
“I’ve made this neighborhood my home for the past 14 years because housing is so expensive everywhere else,” West Hotel resident Tommy Funanish says. The efficiency-style apartment provides many amenities and is very comfortable for Tommy. Through TNDC, Tommy has participated in employment and life training programs and is successfully living at the West Hotel.
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| Nihonmachi Terrace: Green, affordable homes for San Francisco seniors and families |
Speaker of the House Nancy Pelosi (D-CA) joined Enterprise in celebrating the preservation of 245 affordable apartments at Nihonmachi Terrace in the Japantown neighborhood of San Francisco. The seven building property is currently undergoing $25 million in renovations that will include energy-efficiency enhancements and
structural improvements.
Enterprise also facilitates local collaborations, including a Northern California Leadership Council whose members share their time and expertise to help others.
Enterprise Community Partners
100 Bush Street, Suite 600
San Francisco, CA 94104
Phone 415.395.9405
Fax 415.395.9453
Email Richard
Richard Gross
Vice President and Impact Market Leader
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