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Enterprise today announced the expansion of its precedent-setting Faith-Based Development Initiative (FBDI) to Texas, part of the national nonprofit’s goal of expanding affordable housing in partnership with houses of worship nationwide.
Made possible by the leadership and support of the Wells Fargo Foundation, the Housing Affordability Breakthrough Challenge is a $20 million initiative to inspire, propel, and scale housing solutions. This is the second innovation challenge led by Enterprise and Wells Fargo.
Enterprise Community Partners is a national nonprofit dedicated to increasing housing supply, advancing racial equity and building resilience and upward mobility around affordable housing.
Join our virtual Clarion Call to learn about the new Enterprise Faith-Based Development InitiativeSM (Enterprise FBDISM) cohort for houses of worship in Houston, San Antonio, and Dallas.
Our Community Development Financial Institution (CDFI), Enterprise Community Loan Fund, is one of the largest nonprofit loan funds in the country, delivering high-impact capital to the people and places that need it most.
Through the Equitable Development Program, Enterprise will be awarding three types of funding: Capacity Building Grants of up to $200,000; Tier 1 Predevelopment Grants of up to $50,000; Tier 2 Predevelopment Recoverable Grant of up to $300,000
Enterprise works nationally and with state and local partners in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Our local offices serve local and regional needs across the country.
Enterprise Community Partners (Enterprise) announced the closing of an equity fund that would acquire and preserve $800 million in affordable and workforce homes. With $229 million in equity commitments, the fund exceeded its original $200 million target to become one of the largest preservation funds of its kind.
Investing in our communities aligns with our core values of service, expertise and integrity. We have a long history of partnering with Enterprise and are excited to be part of this intentional approach to equitable investment.
The Southland Social is the premier gala event supporting Enterprise-Southern California’s affordable housing production and preservation efforts. It attracts approximately 300 leaders in affordable housing finance, development, and advocacy for a night of celebration and entertainment.