Enterprise Community Partners, formerly The Enterprise Foundation, is an American
nonprofit
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or so ...
. Its goals are to increase housing supply, advance racial equity and build resilience and upward mobility. Founded in 1982 by developer/philanthropist
James W. Rouse and his wife Patty, Enterprise has worked with community-based nonprofit organizations to develop 951,000 homes, investing $64 billion throughout the
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. The organization works in more than 800 communities and in collaboration with thousands of partners in the nonprofit, public and for-profit sectors. Affordable housing advocate and attorney
Priscilla Almodovar served as president and
chief executive officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
of Enterprise from September 2019 to December 2022. Lori Chatman and Drew Warshaw are the current Co-CEOs and Interim Presidents of Enterprise Community Partners. Chatman is also the President of the Capital Division, with Warshaw as the
chief operating officer
A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the C ...
.
History
In 1972, three members of the Church of the Saviour—Terry Flood, Barbara Moore and Carolyn Banker—wanted to create low-income housing in the
Adams Morgan
Adams Morgan (abbreviated as AdMo) is a Neighborhoods in Washington, D.C., neighborhood in Washington, D.C., located in the city’s Northwest (Washington, D.C.), Northwest quadrant. Adams Morgan is noted as a historic hub for Counterculture of ...
neighborhood of
D.C. With no development, financial or construction experience, they put down a non-refundable deposit to purchase the Ritz and Mozart apartment buildings. Their commitment won over James Rouse, CEO of The Rouse Company and he helped them secure $625,000 to complete the transaction and $125,000 toward the cost of rehabilitation.
In 1981, the experience inspired Jim Rouse to found Robin Hood Inc. based in one of Rouse’s American City buildings in
Columbia, Maryland
Columbia is a planned community in Howard County, Maryland, United States, consisting of 10 self-contained villages. With a population of 104,681 at the 2020 United States census, 2020 census, it is the second-most-populous community in Maryland ...
. The company was renamed to Jubilee Housing to help with fundraising efforts. Jubilee Housing provided the launchpad for Jim and Patty Rouse to start the Enterprise Foundation in 1982. In 2005, it was renamed Enterprise Community Partners.
In 1984, Jim Rouse was soliciting business representing both Rouse Company as chief executive officer and Enterprise Development as president. The
Rouse Company
The Rouse Company was a publicly traded shopping mall and community developer from 1956 until 2004, when General Growth Properties (GGP) purchased the company. It was founded by Hunter Moss and James W. Rouse in 1939.
Beginnings: Moss-Rouse Com ...
board of directors asked Jim Rouse to leave as CEO of the Rouse Company and his position in Enterprise Development which ended his involvement with the company he founded.
Enterprise Green Communities
Enterprise Green Communitiesis the nation's only national green building program designed explicitly for green affordable housing construction. Th
2020 Green Communities Criteriais the latest version of the guidelines, first introduced in 2005. Updates include a Path to Zero Energy, new water-quality standards, and a new approach to affordable housing in rural areas, tribal communities and small towns.
Projects
* National Community Stabilization Trust - A 2008 initiative to purchase and resell high-risk foreclosed properties.
*
Remington, Baltimore
*
Sandtown- Baltimore
* Tempozan Marketplace a
Festival marketplace
A festival marketplace is a European-style shopping market in the United States. It is an effort to revitalize downtown areas in major US cities begun in the late 20th century.
Festival marketplaces were a leading Central business district, downt ...
project near
Osaka, Japan
is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third-most populous city in Japan, following the special wards of Tokyo and Yokohama. With a populatio ...
developed as a public-private partnership with the Osaka Waterfront Development Corporation.
See also
*
Green building
Green building (also known as green construction, sustainable building, or eco-friendly building) refers to both a structure and the application of processes that are environmentally responsible and resource-efficient throughout a building's li ...
*
NeighborWorks America
*
Low-Income Housing Tax Credit
*
New Markets Tax Credits
References
External links
Enterprise Community Partners WebsiteEnterprise YouTube channel
{{Authority control
Community-building organizations
Companies based in Columbia, Maryland
Non-profit organizations based in Maryland
Sustainable building in the United States
Rouse family