Enterprise Community Loan Fund

  • Distressed Communities to Get $100M Lift from Bank of America, Enterprise, LISC

    The U.S. Department of the Treasury has completed the inaugural round of its Community Development Financial Institutions Bond Guarantee Program, and a partnership involving Enterprise Community Loan Fund Inc. and the Local Initiatives Support Corp. is among the chosen ones. The Treasury approved term sheets for $100 million in bonds to the team to be utilized to back affordable housing and other commercial development projects in low-income communities.

    National 18 October 2013 14:39
  • CDT Buys Ocean Towers in Coney Island, Area Hit Hard by Sandy

    Community Development Trust and Proto Property Services have teamed up on a $52 million project to buy and rehabilitate a 19-story, 380,000-square-foot apartment building in Coney Island, an area in Brooklyn hit hard by Hurricane Sandy.

    New York 30 May 2013 14:09

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