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Enterprise Community Partners
Enterprise Community Partners, formerly The Enterprise Foundation, is a national nonprofit organized around three central goals: to increase housing supply, advance racial equity and build resilience and upward mobility. Founded in 1982 by developer/philanthropist James W. Rouse and his wife Patty, Enterprise has worked with community-based nonprofit organizations to develop 781,000 homes, investing $44 billion throughout the United States. The organization works in more than 800 communities and in collaboration with thousands of partners in the nonprofit, public and for-profit sectors. Affordable housing advocate and attorney Priscilla Almodovar has served as president and CEO of Enterprise since 2019. History In 1972, three members of the Church of the Saviour—Terry Flood, Barbara Moore and Carolyn Banker—wanted to create low-income housing in the Adams Morgan neighborhood of D.C. With no development, financial or construction experience, they put down a non-refundable d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Rouse
James Wilson Rouse (April 26, 1914 – April 9, 1996) was an American businessman and founder of The Rouse Company. Rouse was a pioneering American real estate developer, urban planner, civic activist, and later, free enterprise-based philanthropist. He received the Presidential Medal of Freedom, the highest civilian award, for his lifetime achievements. Early life and education James "Jim" Rouse was born in Easton, Maryland, to Lydia Agnes (née Robinson) and Willard Goldsmith Rouse, a canned-foods broker. His father, a lawyer trained at Johns Hopkins University, once ran for state's attorney for Harford County. When he lost, the Rouse family moved from Bel Air, Maryland, to Easton. Rouse grew up in Easton (then population: 5,000) on a well-to-do street on the edge of town. He was taught at home by his mother until second grade when he transferred to a public school. In 1930, Rouse lost his father to bladder cancer, his mother to heart failure, and his childhood home to bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osaka, Japan
is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following Special wards of Tokyo and Yokohama. With a population of 2.7 million in the 2020 census, it is also the largest component of the Keihanshin Metropolitan Area, which is the second-largest metropolitan area in Japan and the 10th largest urban area in the world with more than 19 million inhabitants. Osaka was traditionally considered Japan's economic hub. By the Kofun period (300–538) it had developed into an important regional port, and in the 7th and 8th centuries, it served briefly as the imperial capital. Osaka continued to flourish during the Edo period (1603–1867) and became known as a center of Japanese culture. Following the Meiji Restoration, Osaka greatly expanded in size and underwent rapid industrialization. In 1889, Osaka was officially established as a municipality. The constructi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organizations Based In Maryland
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to ever ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Columbia, Maryland
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Markets Tax Credit Program
The New Markets Tax Credit (NMTC) Program is a federal financial program in the United States. It aims to stimulate business and real estate investment in low-income communities in the United States via a federal tax credit. The program is administered by the US Treasury Department's Community Development Financial Institutions Fund (CDFI Fund) and allocated by local Community Development Entities (CDEs) across the United States.''US Department of Treasury: Community Development Financial Institutions Fund.'' History The New Markets Tax Credit Program was established as part of the[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Low-Income Housing Tax Credit
The Low-Income Housing Tax Credit (LIHTC - often pronounced "lie-tech", Housing Credit) is a dollar-for-dollar tax credit in the United States for affordable housing investments. It was created under the Tax Reform Act of 1986 (TRA86) and gives incentives for the utilization of private equity in the development of affordable housing aimed at low-income Americans, with affordability restrictions on the properties expiring 15-30 years later. LIHTC accounts for the majority (approximately 90%) of all newly created affordable rental housing in the United States today. As the maximum rent that can be charged is based upon the Area Median Income ("AMI"), LIHTC housing remains unaffordable to many low-income (<30% AMI) renters. The credits are also commonly called Section 42 credits in reference to the applicable section of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NeighborWorks America
The Neighborhood Reinvestment Corporation, doing business as NeighborWorks America, is a congressionally chartered nonprofit organization that supports community development in the United States and Puerto Rico. The organization provides grants and technical assistance to more than 240 community development organizations. NeighborWorks America provides training for housing and community development professionals through its national training institutes. Since 2007, NeighborWorks America has administered the Congressionally created National Foreclosure Mitigation Counseling Program. The NeighborWorks network comprises more than 240 community development organizations working in urban, suburban and rural communities across the country. The Neighborhood Reinvestment board of directors consists of the Deputy Secretary of Housing and Urban Development, a member of the Board of Governors of the Federal Reserve System, a member of the Chief Counsel Office of the Comptroller of the Cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Green Building
Green building (also known as green construction or sustainable building) refers to both a structure and the application of processes that are environmentally responsible and resource-efficient throughout a building's life-cycle: from planning to design, construction, operation, maintenance, renovation, and demolition. This requires close cooperation of the contractor, the architects, the engineers, and the client at all project stages.Yan Ji and Stellios Plainiotis (2006): Design for Sustainability. Beijing: China Architecture and Building Press. The Green Building practice expands and complements the classical building design concerns of economy, utility, durability, and comfort. Green building also refers to saving resources to the maximum extent, including energy saving, land saving, water saving, material saving, etc., during the whole life cycle of the building, protecting the environment and reducing pollution, providing people with healthy, comfortable and efficient u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Festival Marketplace
A festival marketplace is a European-style shopping market in the United States. It is an effort to revitalize downtown areas in major US cities begun in the late 20th century. Festival marketplaces were a leading downtown revitalization strategy in American cities during the 1970s and 1980s. The guiding principles are a mix of local tenants instead of regional or national chain stores, design of shop stalls and common areas to energize the space, and uncomplicated architectural ornament in order to highlight the goods. List of festival marketplaces * Aloha Tower Marketplace — Honolulu, Hawaii * Arizona Center — Phoenix, Arizona * Bandana Square — Saint Paul, Minnesota * Bayside Marketplace — Miami, Florida * Cambridgeside Galleria — Cambridge, Massachusetts * Canalside — Buffalo, New York *Catfish Town — Baton Rouge, Louisiana * The Continent — Columbus, Ohio * Cray Plaza — Saint Paul, Minnesota * Faneuil Hall — Boston, Massachusetts * Festival Market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Priscilla Almodovar
Priscilla Almodovar currently serves as president and chief executive officer of Enterprise Community Partners, a mission-based affordable housing operator, capital provider, investment manager, and policy and capacity building platform across the United States. Career at Fannie Mae Almodovar joined Fannie Mae as its first female chief executive officer in 2022. Career at Enterprise Almodovar joined Enterprise Community Partners as its president and chief executive officer in 2019. Named by Fortune (magazine) as one of the “50 Most Powerful Latinas,” she oversaw the creation of Enterprise's Equitable Path Forward in 2020, a five-year $3.5 billion racial equity initiative, designed to invest in affordable housing providers of color across the country. In 2021, under her leadership, Enterprise partnered with Morgan Stanley to launch the Disaster Recovery Accelerator Fund, a $25 million program to reduce by up to two years the time it takes for government relief ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sandtown-Winchester, Baltimore
Sandtown-Winchester is a neighborhood in West Baltimore, Maryland. Known locally as Sandtown, the community's name was derived from the trails of sand that dropped from wagons leaving town after filling up at the local sand and gravel quarry back in the days of horse-drawn wagons. It is located north of Lafayette Street, west of Fremont Avenue, south of North Avenue, and east of Monroe Street, covering an area of 72 square blocks, patrolled by the Baltimore Police Department's Western District. The community is 98.5% black. History Sandtown is located in a historically black area of West Baltimore neighboring the once affluent Upton. In the second half of the 20th century, Sandtown experienced economic depression, housing abandonment, crime, and the effects of the Baltimore riot of 1968. Whereas in the 1950s and 1960s famous African American performers such as Billie Holiday and Diana Ross performed there and it was sometimes referred to as Baltimore's Harlem, by the time of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
