Commitment to Action

Making Affordable Housing Healthy, Green, and Resilient

Commitment by

Enterprise Community Partners

In 2016, Enterprise Community Partners committed to catalyzing the investment of $50 million in building improvements in low-income communities to improve health, sustainability, and resilience outcomes for residents and communities through the launch of the Enterprise Green Finance Platform. The Enterprise Platform Team includes experts in structuring complex financial solutions for affordable housing, clean energy investments, and business development. This technical assistance, paired with pre-development funding, payment assurance, and impact investment, will help building owners and property managers green their properties. Seven service providers are already engaged through the Platform, and will share pipeline and blend financing products and mechanisms. The Team will raise Pre-development and Impact Investment funds to move the market, and the Platform will host a customized suite of financial products, to transform successful approaches into a standardized set of product offerings delivered in multiple geographies by multiple service providers.

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Overview
Summary

Commitment

Making Affordable Housing Healthy, Green, and Resilient

Launched

2016

Est. Duration

2 years

Estimated Total Value

$50,000,000

Region

Northern America

Countries

United States

Commitment by

Enterprise Community Partners

Partner(s) of the Commitment Maker(s)

The Solar Foundation, Cincinnati Municipal Housing Authorty, Picuris Tribe, Bright Power, Inc., National Housing Trust, Clean Economy Development Center, Texas PACE Authority, Affordable Community Energy, Urban Ingenuity, Mercy Housing, Greater Cincinnati Energy Alliance, The Kendeda Fund, Commons Energy