The Foreward to the 36-page report is shared below. A link to the full document is provided below as well.
Communities that suffer from a lack of investment often leave residents with little
opportunity to access safe and affordable homes, good schools, quality health care
and decent jobs. Without access to these essential resources, people can struggle to reach their goals.
Enterprise Community Loan Fund provides critical impact capital to these communities, often leveraging additional public and private investment to bring greater opportunity to the communities that need it most. Since 1990, we have invested more than $1.72 billion in urban, suburban and rural communities across the country.
Working together with committed local partners, neighborhood organizations, residents, and other mission-focused investors, we strategically align our investments alongside Enterprise’s other financing capabilities and local expertise. We bring a suite of financing, policy and programmatic solutions to bear when addressing complex problems. By marrying together these three critical drivers, we are able to create transformative change.
This year’s social return on investment report illustrates how we leveraged this
strategy to help rehabilitate a local landmark in Cleveland, Ohio — Saint Luke’s
Hospital. Today, it is a thriving mixed-use and multi-generational campus. The
transformation of the long-vacant, multi-acre property into a catalyst for community change is a testament to what strategic investment and committed community partnerships can achieve.
Our continued thanks to investors and community partners who join Loan Fund in
creating opportunity for the people who need it most.
Sincerely,
Lori Chatman
President, Enterprise Community Loan Fund