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Social Enterprise In Action

 
     
 

Homebuyer Counseling
Omaha, Nebraska

Jackie Ayala and her daughter bought their first home after completing homebuyer classes at the apartment complex where they lived. More than 40 network members operate these type of comprehensive homeownership counseling initiatives—including foreclosure prevention, financial literacy, and anti-predatory lending efforts. Most also offer downpayment assistance and mortgage loans.

 

Lease Purchase
Cleveland, Ohio

The Hughes family started on the road to homeownership with the lease-purchase of a newly built home made affordable with the investment of low-income housing tax credits. Through housing production, innovative financing, and resident services, Network members are helping families build a better quality of life and greater economic security.

 

North Beach Place
San Francisco, California

Once a dilapidated, 229-unit public housing project, North Beach Place is now a vibrant mixed-income community with 341 apartments near Fisherman's Wharf. This $108 million redevelopment is an example of how the Network's nonprofit members utilize business acumen, local relationships, and a "can do" approach to structure high-impact partnerships with private firms and the bublic sector.

 

The Park at Oaklawn
Charlotte, North Carolina

This comprehensive revitalization of a distressed Charlotte neighborhood includes 78 single-family homes, 178 apartments, an 83-unit senior living facility, and a 23,000 square foot community center. Network members finance and build homes and community facilities—such as day care centers, charter schools, and retail—that serve lower-income and working families.

 

Solar Townhouses
Philadelphia, Pennsylvania

These solar townhouses incorporate advanced design previously only available to upper-end homebuyers, and are among the most energy efficient and affordable homes in the Philadelphia market. Many Network members are utilizing state-of-the-art "green" technology in the homes they finance and build.

 

Rebuilding the Gulf Coast
Louisiana and Mississippi

Many Network members responded immediately to the devastation caused by hurricanes Katrina and Rita, providing emergency housing and services to evacuees. And they didn't stop there. Collaborating with local civic, business, and real estate leaders, they launched the Gulf Coast Housing Partnership. Based in New Orleans, the new nonprofit has created innovative financing partnerships with national foundations and financial insiitutions with a goal to build 10,000 affordable homes in the region.

 

Edgewood Terrace
Washington, DC

Edgewood Terrace is the first wired affordable housing community in the nation. In addition to renovated apartments with Internet access, this breakthrough development offers computer classrooms, a career education and resource center, youth recreation and leadership development programs, an infant and toddler facility, and a cutting-edge music technology center and recording studio.

 
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