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Solutions and financing for affordable housing.{br} Vibrant communities. Real opportunities.

Priorities & Impact

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Our Priorities in the Pacific Northwest

  • Direct capital investments to affordable and sustainable preservation and development projects
     
  • Support nonprofit housing organizations with financial expertise and funding to stabilize and build capacity
     
  • Partner in equitable, transit-oriented redevelopment in lower-income communities, such as Seattle’s Central Area “Crescent,” Southeast Seattle, Portland and Washington County, Oregon
     
  • Advance sustainability by creating a new generation of green funds for energy and water improvements in existing building

Our Impact in the Pacific Northest

  • Investing more than $1 billion in Washington and Oregon to create or preserve 20,500 affordable homes in urban and rural communities 
     
  • Leading the greening of affordable housing through Enterprise Green Communities Criteria, now the design and construction standard for low-income housing in the region

Mpower Fund

The Network for Oregon Affordable Housing (NOAH) received a U.S. Department of Housing and Urban Development Energy Innovation Fund grant to pilot the MPower Fund, an on-bill financing retrofit pilot program applicable to Portland and select rural communities across Oregon. A partner since the beginning stages, Enterprise in the Pacific Northwest will assist NOAH with this pilot program by supplying energy retrofit guidelines and resident engagement tools. 

Technology Access Foundation

Enterprise and other partners recently invested $12.5 million in the construction of a state of the art educational facility where students will focus on science, technology, engineering and math education. 

Green Retrofit Fund

The Pacific Northwest is one of four Enterprise markets nationwide piloting this innovative tool. It provides multifamily owners and sponsors with financing for energy reduction capital purchases as boilers, hot water heaters and improved insulation.

Smart Growth Fund

The Smart Growth Fund—initiated by support from Enterprise—makes low-interest capital available to local organizations to buy properties and develop affordable housing close to transportation and job centers.