BENEFITING: Enterprise Community Partners
ORGANIZER: Enterprise Community Partners
Enterprise is building a future in which affordable housing is available in all communities, connected to opportunity, and environmentally and economically sustainable. We bring together community organizations, national and local experts, grant funds, financing and innovative approaches to solving the Chicago region’s housing needs. We impact the Chicago metro area and Detroit while providing support for partners in Wisconsin, Minnesota, and downstate Illinois. Our key initiatives include:
Environmentally and Economically Sustainable Housing – Creating homes that are healthy and sustainable over the long run by promoting green building standards, designs, and management practices that conserve energy and water, engage residents, and are cost effective.
Transit Oriented Development – Supporting the creation and preservation of affordable housing near transit so that residents have easy access the resources they need for a good quality of life, such as access to jobs, education, and other enrichment opportunities, all while encouraging economic development for the community.
Creating and Preserving Affordable Housing – Helping housing providers and renters of affordable housing maintain affordability despite gentrification, the mortgage crisis, and rising operating costs.
Making Communities Livable for a Lifetime – Creating communities that meet the needs of the growing senior populations by engaging diverse stakeholders in planning and implementation, while building a healthy community for all.
Revitalizing Detroit – Helping build a new Detroit by bringing civic and non-profit partners together to preserve and create affordable housing through regional stakeholder initiatives, transit oriented development, sustainability initiatives, and innovative design in the city and its neighborhoods.
Since Enterprise began operations in Chicago, some of the key results we delivered were…
- Through 2014, connected affordable housing providers to $269,000,000 in capital through Low Income Housing Tax Credits, equity financing, community development loans, and our HUD capacity building pass-through grants. Created or supported 5,851 units of affordable housing.
- Helped establish green building practices through year one of the Enterprise Sustainability Exchange, the Chicago Neighborhood Energy Challenge, and the dissemination of national expertise through seminars for affordable housing professionals.
- Teamed up with communities through the south suburbs to plan affordable housing near transit that benefits residents and revitalizes communities.
- Helped the community think through housing related issues such as transit oriented development, affordable housing set asides, and preservation of single room occupancy units.