Enterprise Community Partners

Enterprise Community Partners, formerly The Enterprise Foundation, is a national nonprofit organization that develops and deploys programs and supports community organizations on the ground, advocates for nonpartisan policy, invests capital to build and preserve affordable rental homes, and owns and operates 13,000 affordable homes and provides resident services for 22,000 people.[1] Founded in 1982 by developer/philanthropist James W. Rouse and his wife Patty, Enterprise has worked with community-based nonprofit organizations to develop 662,000 homes, investing $53 billion throughout the United States.[2]

Enterprise Community Partners
PredecessorThe Enterprise Foundation
Founded1982
Headquarters
United States 
Key people
James Rouse (Founder), Priscilla Almodovar (President and Chief Executive Officer, Enterprise Community Partners), Jacqueline Waggoner (President, Solutions Division), Charles Werhane (President, Capital Division), Brian McLaughlin (President, Communities Division), Ronald J. Terwilliger (Chairman, Enterprise Community Partners Board of Trustees; Vice Chairman, Enterprise Community Investment Board of Directors)
Revenue63,023,326 United States dollar (2017) 
SubsidiariesEnterprise Community Investment (for-profit), Enterprise Homes (non-profit), Enterprise Community Asset Management (for-profit), Bellwether Enterprise (for-profit), Enterprise Community Loan Fund (non-profit)
Websitewww.enterprisecommunity.org 

Enterprise operates across three divisions – Solutions, Capital and Communities – that unify and leverage a family of companies together to execute its work. The organization works in more than 800 communities and in collaboration with thousands of partners in the nonprofit, public and for-profit sectors.

Vision & Mission

Enterprise's vision is a country where home and community are steppingstones to more. Its mission is to make home and community places of pride, power and belonging, and platforms for resilience and upward mobility for all.[3]

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 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 the Rouse owned American City building in Columbia, Maryland. The company was renamed to Jubilee Housing to help with fundraising efforts.[4] 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. Today, Enterprise continues to work to uphold the standards set by Jim and Patty to see that all people have the opportunity for affordable housing.[5] In 1984, Jim Rouse was soliciting business representing both Rouse Company as CEO and Enterprise Development as president. The Rouse Company 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.[6]

Campaigns & Coalitions

Enterprise Green Communities

Enterprise Green Communities is the nation’s only national green building program designed explicitly for green affordable housing construction. The 2020 Green Communities Criteria is 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.[7]

Projects

See also

References
  1. "About Us". Enterprise Community Partners. Retrieved 2019-10-24.
  2. "About Us". Enterprise Community Partners.
  3. "About Enterprise: Mission and Strategic Plan". Enterprise Community Partners. Retrieved 8 August 2014.
  4. Joseph Rocco Mitchell, David L. Stebenne. New City Upon A Hill. p. 127.
  5. "Our Story". Enterprise Community Partners. Retrieved 8 August 2014.
  6. Joseph Rocco Mitchell, David L. Stebenne. New City Upon A Hill. p. 128.
  7. "2020 Enterprise Green Communities Criteria". 2020 Enterprise Green Communities Criteria. Retrieved 2020-10-22.
  8. Daniel Immergluck. Foreclosed: High-risk Lending, Deregulation, and the Undermining of America. ISBN 0801447720.
  9. "Enterprise Annual Report". Archived from the original on 12 August 2014. Retrieved 12 August 2014.
  10. Borgman, Anna (14 April 1996). "Jim Rouse's Plan to Save the Slums: A Visionary Developer and His Profit-Based Solution to Poverty". The Washington Post.
  11. Joshua Olsen. Better Lives Better Places.
  12. Osaka Municipal Government (2002). Osaka and Its Technology, Issues 41-49. p. 8.
  13. "Harvard University" (PDF). Retrieved 10 January 2014.
  14. "Look Japan, Volume 34, Issue 417": 118. Cite journal requires |journal= (help)
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