February 4, 2010

Enterprise Green Communities Honored
for Affordable and Sustainable Housing

WASHINGTON, DC  — The U.S. Department of Housing and Urban Development (HUD) and the American Planning Association (APA) have selected Enterprise Community Partners, Inc. (Enterprise) as recipient of the 2010 HUD Secretary's Opportunity and Empowerment Award for Enterprise Green Communities.

Enterprise Green Communities is the only national green building program focused entirely on affordable housing. Enterprise provides financing and technical assistance to developers that produce and preserve low-income housing built according to the Enterprise Green Communities Criteria. The Criteria were developed with national partners including the APA, the Natural Resources Defense Council, the American Institute of Architects (AIA) and experts from the U.S. Green Building Council (USGBC). Housing designed to meet the Criteria deliver significant health, economic and environmental benefits to low-income persons and communities.

A joint recognition by HUD and APA since 1998, the Secretary's Opportunity and Empowerment Award is given annually to a project or program that demonstrates improved quality of life for low- and moderate-income community residents.

"For more than 25 years, Enterprise has been working to ensure every American has a decent home through fit, affordable housing and diverse, thriving communities for low- and middle-income individuals," said Marie L. York, FAICP, APA Board Director and 2010 National Planning Awards Jury Chair. "It seems only fitting that they would build on their solid foundation to become a leader in building sustainable homes for low-income residents."

Since 2004, Enterprise has invested $700 million to create 16,000 green affordable homes in 350 developments in 30 states. Enterprise also trained 4,000 housing professionals in green affordable development and advised more than 20 states and cities on environmentally sustainable affordable housing policies.

"We have proven that affordable housing can be produced or preserved to cost effectively be green," said Dana Bourland, AICP, vice president, Enterprise Community Partners, Inc. "In fact, our research shows that estimated lifetime savings for energy and water costs exceed the initial investment made to incorporate the Enterprise Green Communities Criteria into affordable housing."

Enterprise intends to raise and invest $4 billion over the next five years to make housing for low-income people healthier and more energy efficient. The effort, which builds on the group's previous commitments, will result in the creation, preservation or retrofit of 75,000 green homes and community and commercial buildings.

Enterprise will be presented with the award at a special luncheon at APA's National Planning Conference in New Orleans on April 12, 2010. Enterprise also will be featured in an upcoming issue of Planning magazine, APA's flagship publication.

For a list of all of the APA 2010 National Planning Excellence, Achievement, and Leadership Award recipients, visit www.planning.org/awards/2010. APA's national awards program, the profession's highest honor, is a proud tradition established more than 50 years ago to recognize outstanding community plans, planning programs and initiatives, public education efforts, and individuals for their leadership on planning issues.

Contact

Roberta Rewers, APA, 312-786-6395; rrewers@planning.org
Terri Bolling, Enterprise, 410-772-2449; tbolling@enterprisecommunity.org

About Enterprise

Enterprise is a leading provider of the development capital and expertise it takes to create decent, affordable homes and rebuild communities. For more than 25 years, Enterprise has introduced neighborhood solutions through public-private partnerships with financial institutions, governments, community organizations and others that share our vision. Enterprise has raised and invested more than $10 billion in equity, grants and loans to help build or preserve more than 250,000 affordable rental and for-sale homes to create vital communities. Enterprise is currently investing in communities at a rate of $1 billion a year. Visit www.enterprisecommunity.org and www.enterprisecommunity.com to learn more about Enterprise's efforts to build communities and opportunity.