Add Content > Text > Page Type

non-profit

See the Work

Print
tod-mile-high-vista-carousel.jpgtod-yale-carousel.jpg

See Our Work in Transit-Oriented Development

Our Markets

Low-income families spend an average of 60 percent of their gross income on housing and transportation costs. The most effective way of reducing these expenses is to preserve and produce affordable homes near public transportation. Transit-oriented development (TOD) helps lower housing and commuting expenses while increasing access to employment, education and critical services. Enterprise’s TOD initiative is actively engaged with our partners in capital, solutions and policy efforts in eight markets across the country.

Chicago Ohio
Denver Pacific Northwest
Mid-Atlantic Southeast
Northern California Southern California

Denver Regional TOD Fund

The Denver Regional TOD Fund is a unique blend of public, private, and philanthropic capital specifically designed to facilitate the acquisition of strategic transit-accessible sites in the Denver region for the preservation and development of affordable housing and associated community facilities.

Results to Date:


38th and Blake

  • Size: 1.44 acres, 154 units
  • Loan Amount: $1.7 million
  • Status: Design
  • This property sits adjacent to an RTD East Line station opening in 2016, one stop from Union Station and 15 minutes from Denver International Airport.

Dahlia Apartments

  • Size: 36 two-bedroom units
  • Loan Amount: $1.2 million
  • Status: Refinance
  • This is the first property to utilize the Denver TOD Fund. The loan refinanced a foreclosed property and preserved 36 affordable 2-bedroom units.

Evans Station Lofts

  • Size: 0.96 acres, 50 workforce-housing units and 7,100 s.f. of commercial space
  • Loan Amount: $1.2 million
  • Status: Complete
  • Adjacent to a light-rail station, this property serves households earning 30% to 60% AMI and earned the 2014 Housing Colorado Eagle Award.


 

Mile High Vista

  • Size: 2.15 acres, 80 units and 10,000 s.f. of commercial space
  • Loan Amount: $2.1 million
  • Status: Complete
  • Within ½-mile of two light-rail stations and along a high-frequency bus corridor, this property includes workforce housing and 10,000 s.f. of commercial space.

The Villa

  • Size: 0.31 acres, 16 workforce-housing units and 7,400 s.f. of commercial space
  • Loan Amount: $1.4 million
  • Status: Refinance
  • Five blocks from the 10th and Osage light-rail station, this property includes 16 one- or two-bedroom apartments as well as retail space and an auto body shop.

Yale Station Apartments

  • Size: 1.51 acres, 66 units
  • Loan Amount: $1.3 million
  • Status: Design
  • This property sits adjacent to a Southeast Corridor light-rail station and is under a master-plan agreement with two adjacent property owners

Bay Area Transit-Oriented Affordable Housing (TOAH) Fund

The $50 million Bay Area TOAH Fund provides financing for the development of affordable housing and other vital community services near transit lines throughout the Bay Area.