See some of our successful projects with partners in Ohio.
The Opportunity Homes project is a targeted scattered site project in six Cleveland neighborhoods. Enterprise is implementing the project with our local partners: Neighborhood Progress, Inc., the city of Cleveland, the state of Ohio, and the community development corporations (CDCs) in each of the six targeted neighborhoods.
The Opportunity Homes initiative began in 2009 as a comprehensive response to the foreclosure crisis. The initiative addresses the rehabilitation and reuse of affordable single-family homes demolition of abandoned and blighted properties, foreclosures prevention and vacant land reuse, including the creation of parks and community gardens.
As of June 2013, 234 units have been rehabilitated and offered as affordable lease-purchase or for-sale housing, 236 dilapidated buildings have been demolished, 57 families have received assistance to avoid foreclosure and 119 vacant land reuse projects have been completed.
Saint Luke's is a transit-oriented project that includes the adaptive reuse of the historic St. Luke’s Hospital building in Cleveland into 137 units of affordable senior housing and a charter school.
The project will be certified as meeting the Enterprise Green Communities Criteria and LEED Silver certification will be pursued upon completion.
The redevelopment of the hospital is a vital component of Neighborhood Progress Inc.'s overall Strategic Investment Initiative plan for the Buckeye neighborhood.
Strengths of the Saint Luke’s location as an affordable senior residential community plus charter school include visibility, a generous amount of green space and close proximity to services and public transit.
St. Luke’s also benefits from proximity to both completed and planned nearby investments including a public school and community library.
Enterprise Community Loan Fund provided developers Neighborhood Progress Inc. and Pennrose Properties with a $3.2 million loan for the senior housing component of the project.
Enterprise Community Investment syndicated nearly $11 million in Low-Income Housing Tax Credit and Federal Historic Tax Credit equity for the housing component of the project.
Buckeye Square is a permanent supportive housing project for chronically homeless individuals. The newest 65 unit building opened at the end of 2013 in Cleveland’s Buckeye neighborhood and has Enterprise Green Communities Certification.
The building is within walking distance of major anchor projects including medical facilities, community, and public services. In addition, Enterprise Community Investment funded Saint Luke’s Manor is also in the neighborhood.
Buckeye Square features on-site social services, common laundry facilities, a community room with kitchen, a computer lab, parking for residents, a 24-hour staffed front desk and outdoor courtyard space.
This project has been developed by Cleveland Housing Network, in partnership with EDEN, Inc. and FrontLine Services through the Enterprise-led Housing First Initiative, which seeks to end chronic homelessness in Cuyahoga County by creating permanent supportive housing for single adults, young adults, and families with histories of long-term homelessness and disabilities.