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Priorities & Impact


Housing Insecurity in New York City

Nearly one-third of New York City renters are housing insecure, spending at least half of their income on rent. That means 600,000 New Yorkers—nearly the population of Boston—are one missed paycheck or one illness away from homelessness. Enterprise has a goal to end housing insecurity in the United States within a generation.

Enterprise’s Response

We invest capital to create and preserve quality affordable homes connected to opportunity for low-income people. We develop program solutions in coordination with public and private partners, and scale these solutions through policy change.

Since our New York office opened in 1987, we have created or preserved more than 49,000 affordable homes for 114,000 residents. We have committed nearly $2.9 billion in equity, loans and grants to affordable housing and community development in the region. Nationally, Enterprise invests about $3 billion annually in communities across the United States. Read more about our New York office.

  Impact Capital
  Enterprise finances the full life cycle of affordable housing and community facilities. Enterprise’s range of financial products includes grant funding, Low-Income Housing Tax Credit syndication, New Markets Tax Credit investment, and a range of loan products from predevelopment through permanent financing.
  Innovative Solutions on the Ground
  We have three primary program areas in New York City through which we provide solutions to end housing insecurity. We develop these programs in coordination with city and state agencies, community-based organizations, financial institutions and other stakeholders.
  Preservation – We maintain long-term relationships with affordable housing owners and managers. Together, we work to strengthen partners’ organizational capacity and preserve their housing portfolios.
  Green Communities – Our industry-leading green program brings the economic, health and environmental benefits of green building to low-income communities. We bring innovative capital, and pilot technology and other solutions at the building, organizational and community levels.
  Vulnerable Populations – We develop solutions to address New York City’s extreme shortage of housing and service funding for the most vulnerable households, including homeless and extremely low-income families and seniors. We help build coalitions, advocate for change, create pilot programs and introduce new forms of capital.
  Policy and Advocacy
  The goal of our policy department in New York is to increase housing resources for low-income and vulnerable households by filling gaps in the range of housing services, using existing resources more effectively and ensuring the affordable housing stock is sustainable for the long-term. We approach policy by working with partners through coalitions, building relationships with policymakers and providing recommendations based on best practice.



New York City Affordable Housing Gap Analysis
Data showing the gap between the supply and demand for affordable housing in New York City.

Green Affordable Housing
Infographic showing the benefits of green, healthy affordable housing to low-income communities.

Come Home NYC Pilot
New pilot helps landlords be part of the solution to homelessness.

Enterprise's Multifamily Weatherization Program in New York:
The Portfolio Approach to Green Retrofits

Enterprise/CHPC Study on Effects of Troubled Multifamily Housing
A study of the impact of multifamily foreclosures and over-mortgaging in neighborhoods in New York City.

Guide on Tax Incentive Programs in New York City.
This guide helps partners navigate affordable housing preservation and development options.