Results for Affordable Housing Finance magazine’s 2023 roundups are in, and Enterprise Community Development has made the list — two in fact! We are proud to share that we are a top 35 affordable housing owner and a top 46 affordable housing developer. Read the full list of affordable housing owners: https://bit.ly/3KkLGyy. Read the full…
Enterprise Community Partners, a national affordable housing nonprofit based in Columbia, was joined by national, state and county officials and partners, supporters and residents for a ribbon-cutting ceremony April 19 at Legacy at Twin Rivers, a recently redeveloped affordable apartment community in Columbia. Read more…
Enterprise Community Development, Inc. (ECD), a leading non-profit owner and developer of affordable homes in the Mid-Atlantic and an affiliate of Enterprise Community Partners (Enterprise), announced the appointment of Janine Lind as its new president starting April 29. Based out of Enterprise's Silver Spring, Md. office, Lind will lead the Community Development division’s high-impact residential development, preservation,…
Enterprise Community Development, Inc. has closed on the financing for the development of 76 new affordable apartments, Park Montgomery West, and the renovation of the 141-unit Park Montgomery Apartments, an existing apartment community located at 8860 Piney Branch Road in Silver Spring, Maryland. The preservation and addition of transit-oriented affordable housing along the Purple Line and…
Enterprise Community Development, Inc. has closed on financing for Magnolia Gardens, a new 9% Low Income Housing Tax Credit (LIHTC) development to be built in Charles County, Maryland. Once complete, Magnolia Gardens will feature 72 new apartments in La Plata and will represent the first development in Charles County for Enterprise Community Development. “We’re thrilled to…
Howard County Executive Ball has announced a $16.5M investment in housing, homeownership and rental assistance for residents. Read more…
Enterprise Community Development has recently welcomed Jason Kasch as its Director of IT, a key leadership position within the team. Jason, a forward-looking technology leader with more than 26 years of experience, will develop and refine the company’s IT infrastructure strategy and will then execute and support that strategy. Responsibilities include managing the company’s IT platforms…
Inflation and rising interest rates are starting to take their toll on some construction sectors, but one sector continues to be strong with no signs of slowing–multifamily housing construction. The July housing report from the U.S. Department of Housing and Urban Development showed starts of multifamily structures with five or more units was 16.4% higher…
Enterprise Community Development and Fellowship Square have opened Lake Anne House, a 240-unit community for low-income seniors in Reston, VA. The development team constructed a new building adjacent to the original, 1970s-era Lake Anne Fellowship House, a solution that minimized disruption to existing residents. Read more…