Enterprise has a two-pronged approach to helping preserve the nation’s affordable housing.

• Keeping Housing Affordable: Enterprise is in partnership with the National Housing Trust. This program provides funding to purchase and preserve affordable housing that is in danger of being sold and converted into market-rate housing.
• Preserving Expiring-Use Units: Housing built with Low-Income Housing Tax Credits was required to remain affordable to low-income people for 15 years. Our for-profit subsidiary is helping keep these properties affordable past “Year 15.” Learn more on the Enterprise Community Investment website.

Noteworthy
Preservation of Multifamily Properties through Weatherization
Senior Vice President, National Initiatives and Innovation Naomi Bayer Comment on Weatherization Assistance Program Sustainable Energy Grants. (March 22, 2010, PDF, 44 KB).

Dept. of Energy (DOE) Announces New Regulations to Facilitate Weatherization of Subsidized Affordable Housing
This document, by Enterprise and the National Housing Trust, summarizes DOE’s guidance for evaluating Weatherization Assistance Program applications from buildings that are part of HUD assisted and public housing programs, the Federal LIHTC program, and the USDA Rural Development program. (PDF, 39K)

Green Mini Loans
A new lending program from Enterprise and the National Housing Trust Community Development Fund provides nonprofit owners and developers capital to jump start green retrofits of older affordable rental communities.