Enterprise Community Loan Fund

Date: 2020

Asset Class: Private Debt, CDFI - Subcommercial

Description:  The Enterprise Community Loan Fund provides financing to developers either constructing or rehabilitating affordable housing projects to increase the supply of such units in the market. This non-profit mission is to create opportunity by building strong, diverse communities so families can succeed.

Why We Invest: The shortage of affordable housing and the high level of rent-burdened (more than 30% of income spent on rent) households in the US are critical issues affecting the well-being of millions of households. As a proven and powerful nonprofit Community Development Finance Institution, Enterprise brings together nationwide know-how, partners, policy leadership, and investment to multiply impact in communities across America.