Leveraged over $25.5 million investment in new homeowners
Invested over $1.5 million in down payment assistance
Prevented 215 foreclosures – for over $35 million in loans
Invested over $1.4 million in loans and grants to assist in the repair or improvement of homes.
Provided pre-and post-purchase education to 4,997 residents.
Provided more than 11,000 pre-and post-purchase counseling sessions.
Prepared more than 12,197 tax returns for a value of over $10.8 million to the community.
Celebrating 40 Years of Enterprise.
As we celebrate our 40th anniversary, we are also taking stock of how far we have to go in our journey. The road’s never been easy, but we know we can continue accomplishing great things together.
See our full-sized map of investments and support across the country.
The numbers are big, but our impact goes deeper than digits. We focus on the impact of the homes we build and preserve and the dollars we invest in communities and with our partners.
Our theory of impact is measured across three levels: systems, communities and people. Because it takes an approach at all three levels and a responsive feedback loop between those levels that will get us the lasting change we need. We are fortunate at Enterprise to have the full range of capabilities to make this theory of impact real and address all three levels. Here’s how:
Our Impact On: Systems
We have to find ways to not only preserve housing but to preserve the people who live in that housing. We have to build neighborhoods.
MARCIA FUDGE, SECRETARY, U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Fighting Income Bias | New York
Not long after her Parkinson’s disease diagnosis, Elizabeth Barnes lost her job. When she was looking for a new apartment, all her applications were rejected – because she needed to pay rent with a housing voucher. Through our advocacy, and by working together on a campaign with residents like Elizabeth, we secured a critical win: a statewide ban on source-of-income discrimination. Elizabeth and her daughter now happily live in an apartment she can pay for with her housing voucher. Watch Elizabeth’s story.
Fighting Income Bias | New York
For our impact to be real and lasting, we need to create systems change that helps dismantle the legacy of racism in housing. We’re investing $3.5 billion in Black, Indigenous, and People of Color (BIPOC) and other historically marginalized housing providers to change the types of homes that get built, where they're built, who builds them and the wealth that they generate. Learn more about Equitable Path Forward.
Our Impact On: Communities
KOLLIN MIN, SR. PROGRAM OFFICER, BILL & MELINDA GATES FOUNDATION
Enterprise has played a critical role in bringing together sectors that don’t normally talk with one another. We find their team here in Seattle to be among the most innovative thinkers in the community.
Columbia Heights Village | Washington, D.C.
In a high-cost D.C. community, we helped preserve over 400 homes as affordable and ensured that the tenant’s association became partial owners of the buildings. We brought the full breadth of our capabilities, providing over $100,000 in mortgage debt and equity investments, and a Section 4 Capacity Building grant to make it possible. “We are a success story,” says Josephine Hodges, member of the tenant’s association and long-time resident. “We’ve shown that we as residents deserve the right to ownership.” Read the full story of Columbia Heights Village.
Emergency Relief in Communities
Our Emergency Assistance for Resident and Partner Stability program quickly provided flexible emergency grants and technical assistance to affordable housing owners, operators and service providers in communities across the country.
Affordable housing and service providers supported
of the organizations are Black, Indigenous and people of color (BIPOC)-led.
Our Impact On: People
WARREN MAGEE, RESIDENT, FRANCIS GRADY APARTMENTS IN BOSTON
To me having a home means redemption. Francis Grady Apartments, what it means to me is comfortability, a stable foundation, and just living.
The Owen Family | Midvale, Utah
Cameron Owen works an overnight shift and then takes college courses during the day. With three children in school, he and his wife Callie needed an affordable but spacious home near Salt Lake City and close to public transit. They moved into Canyon Crossing, a green-certified development financed with $14.5 million in housing tax credit equity from Enterprise. “If you go to our old apartment versus here,” Callie says, “you would say: ‘wow, you really moved up in life!’”
Covid Support for Residents
The pandemic made it clearer than ever: every person needs a safe, stable place to call home. It also shone a bright light on the inequities people of color face – including a higher likelihood of being evicted from their homes and less access to quality health care. The emergency relief we provided partners on the ground helped people who needed support most.
Residents supported during the pandemic
of residents supported are people of color
We’ve made a good home possible for millions of Americans without one, but there’s still more we can do together. Let’s make our biggest impact yet.