Monday, September 1, 2008

Enterprise Community Partners
Enterprise helps build affordable housing for low-income Americans by providing financing and expertise to community and housing developers. Every 80 minutes, someone moves into a house we helped create. Enterprise Community Partners is a national nonprofit that provides loans, grants and information resources. Our for-profit subsidiary, Enterprise Community Investment, offers tax credit financing and asset management services. Pictured at left: The courtyard at Broadway Crossing, Seattle, a Green Communities project.Photo by: Stefanie Felix.


House Committee Approves the G.R.E.E.N Act
On Wednesday, July 30, the House Financial Services Committee approved H.R. 6078, Green Resources for Energy Efficient Neighborhoods Act of 2008 (G.R.E.E.N. Act). This legislation, which now moves to the House of Representatives for a vote, would raise the bar for environmental performance in affordable housing, authorizing new federal resources for green affordable development while innovatively providing incentive to the private sector to invest in green affordable homes for people with low incomes. In June of this year, Enterprise Community Partners President and CEO Doris W. Koo testified before the Committee at a hearing on the G.R.E.E.N. Act. News release. (PDF, 25K

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