Resources and Opportunities : Green Communities Grants for Affordable Housing

Green Communities is a five-year, $555 million commitment by Enterprise Community Partners to build more than 8,500 healthy, efficient homes for low-income people and make environmentally sustainable development the mainstream in the affordable housing industry.

Green communities offers a comprehensive array of funding options for interested developers, including:

• Grants
  Enterprise offers Planning and Construction, Charrette and Community Trees Grants to help cover the costs of planning and implementing green components of affordable housing developments, as well as tracking their costs and benefits.
• Loans
  We offer Early Predevelopment, Predevelopment, Acquisition, and Construction Loans to support the development of affordable rental and homeownership housing that adheres to Green Communities Criteria.
• Low-Income Housing Tax Credit Equity
  Competitively priced Low-Income Housing Tax Credit (LIHTC) equity to nonprofit and for-profit developers for new construction and/or rehabilitation of affordable rental housing that generally adheres to the Green Communities Criteria.

For more information, please visit the Green Communities Web site.

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