Low-Income Housing Tax Credits Portfolio & Approach
Enterprise works with developers to finance new construction, rehabilitate existing properties and create mixed-use developments. We provide partners with reliable, flexible underwriting and competitive pricing.
Here is a sampling of our Low-Income Housing Tax Credit (LIHTC) portfolio. Our total portfolio includes approximately 2,000 projects nationwide.
View projects by state, starting with the letters A-M. View states beginning with the letters N-W.
Constructed originally in 1912, the seven-story Hotel Essex is being converted into 84 one-bedroom apartments for homeless individuals with disabilities. The building will also feature 3,000 square feet of street-level commercial space and 5,500 square feet of community facilities.
|James Wood Apartments
JW Apartments consists of two newly constructed apartment buildings with a total of 61 units near downtown Los Angeles. The project is targeted towards low-income families and the property includes a child care center with space for 24 children.
The Plaza Apartments consists of 106 new units of one-bedroom apartments in a nine-story building. The ground floor will contain retail. The remaining floors will house full studios with a full bath and kitchen.
|Central Park at Stapleton
This rental development in Denver is designed to provide affordable units for households making less than 50 percent of the area median income, while also incorporating principles of sustainable design and green building standards.
Mount Prospect, Ill.
Myers Place, built to meet LEED for Homes standards, will offer 39 affordable apartments for individuals who are formerly homeless and have a physical disability and/or suffer from mental illness. A comprehensive state-funded supportive services program for residents and 3,000 square feet of commercial space will also be provided on site.
|New Holland Apartments
The New Holland Apartments building offers 46 affordable apartments, 12 of which are reserved for formerly homeless individuals with special needs. The new apartments are located in a renovated National Registered Historic Building that was abandoned and in disrepair.
The Washington Park YMCA will be redeveloped as a 63-unit, single-room occupancy building with state-of-the-art green features. The redevelopment will help preserve economic diversity and promote environmental consciousness in the Grand Boulevard community.
New Shiloh Village, which is being built on a former church parking lot, will provide 80 units of quality affordable rental housing for low- and moderate-income seniors.
|Takoma Park Preservation
Takoma Park, Md.
Seventy-five families in jeopardy of losing their housing to the condo boom kept their rental homes in four buildings through Takoma Park Preservation. Residents also received updated plumbing and electrical systems, refurbished exteriors and all-new kitchens and bathrooms.
Franklin Hill created 266 affordable rental units and 50 homeownership units. Twenty-four affordable homes are townhouse-style units.
East Boston, Mass.
Enterprise partnered with East Boston Community Development Corporation and its financial consultant, Affirmative Investments, to develop 27 units of affordable rental housing along the East Boston Greenway.
|Jamaica Plains Apartments
Jamaica Plain Apartments involves the rehabilitation of 18 units of family rental units in four buildings on scattered sites in Boston’s Jamaica Plain neighborhood. The properties needed substantial improvements and the co-op joined with Jamaica Plain Neighborhood Development Corporation (JPNDC), the project sponsor, to rehabilitate the properties. The project qualifies as a Transit-Oriented Development due to its proximity to fixed rail and high frequency bus routes. The buildings include improvements for energy efficiency and incorporate “green” features.
|The Levedo Building
The Levedo Building is a 24-unit, new construction, eco-friendly transit-oriented housing development located in the Codman Square neighborhood of Dorchester. Codman Square Neighborhood Development Corporation (CSNDC) is the developer and sponsor. The project serve as an anchor to what will be a vibrant transit-oriented area. A new commuter rail station recently opened within two blocks of the property.
|Westland Meadows Apartments
Westland Meadows Apartments is an affordable apartment community for low-income elderly residents of Kalamazoo. It was originally constructed in 1982 and consists of nine two- and three-story residential buildings. The buildings feature 141 one-bedroom and nine two-bedroom apartments and a community building for resident services.
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In one building Cherry Ridge offers34 one-bedroom units, 43 two-bedroom units and six three-bedroom units of affordable housing.
|Park Avenue Apartments
Lutheran Social Services is developing a campus that will include 14 apartments for individuals who have been homeless for a long time, 34 affordable apartments and anoffice and service space. Rainwater will be captured on-site for use as irrigation. Overall, the property has high goals for energy efficiency.
The Viking Terrace Apartments is an affordable 60-unit HUD Section 236 apartment building located in the rural community of Worthington. Constructed in 1978, the project involves the extensive redevelopment of three buildings of one, two, and three-bedroom apartments.
The Southern Lights apartments are designed for efficiency and accessibility and include a mix of one- to four-bedrooms. A variety of floor plans ranging from one-story flats to two-story townhomes are available.