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Downes named president of Enterprise Housing Credit Investments

Enterprise Housing Credit Investments EVP Kari Downes will succeed Scott Hoekman as president effective Apr. 1.

Kari downesScott hoekmanEnterprise community partnersEnterprise housing credit investmentsEnterprise housing credit investmentLow income housing tax credit

Enterprise Community Partners Names Kari Downes President of its Housing Credit Investments Business

Enterprise Community Partners Names Kari Downes President of its Housing Credit Investments Business
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United statesLori chatmanScott hoekmanKari downesEnterprise community partnerEnterprise housing credit investmentEnterprise housing credit investments

Enterprise Raises $444M Across 2 LIHTC Funds

The investment vehicles will back the preservation and construction of 3,500 residences in 16 states. A pair of Enterprise Community Partners funds has raised $444 million.

United statesNorth carolinaNew yorkSan franciscoSilver springNew jerseyDanielle hammannEnterprise community developmentEnterprise community partnersYosemite apartmentsCommunity partnersEnterprise housing partners fundsEnterprise housing credit investmentEscalante meadows

Construction of housing project for the elderly begins in Dupont

Construction of a new affordable housing project for the elderly has begun in Dupont. The Dupont Housing for the Elderly project is being developed at the former Ben Franklin School at 611 Walnut St. Michael Molitoris, executive director of the Housing Authority of Luzerne County, the developer, said the project represents a unique public and private partnership and the culmination of three years of planning to create a housing development which will remove a vacant deteriorated building and transform the site into a true community asset to provide affordable housing to low-income seniors. Construction is projected to be completed in December 2021, he said.

United statesLuzerne countyBen franklin schoolTom eliasStanley knickErnest bucky closserDermot kennedyMichael molitorisDupont borough councilHousing authority of luzerneEastern incEnterprise housing credit investmentPennsylvania housing finance agencyHousing trust fundBe groupCitizens bank