Enterprise Community Partners

Enterprise Community Partners

Nonprofit focused on affordable housing solutions

About Enterprise Community Partners

Simplify's Rating
Why Enterprise Community Partners is rated
C+
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Government & Public Sector

Social Impact

Company Size

501-1,000

Company Stage

N/A

Total Funding

$33.1M

Headquarters

Columbia, South Carolina

Founded

1982

Overview

Company Does Not Provide H1B Sponsorship

Enterprise Community Partners focuses on providing affordable housing solutions for families in need. The organization works by collaborating with various stakeholders, including government agencies, private sector partners, and community organizations, to develop and support initiatives that create and preserve affordable homes. Unlike many other nonprofits, Enterprise Community Partners emphasizes not just housing, but also the importance of community development, aiming to foster environments where families can thrive. The goal of the organization is to ensure that every family has access to a safe and stable home, which serves as a foundation for personal and community growth.

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Simplify's Take

What believers are saying

  • Growing interest in renter rewards programs presents collaboration opportunities for community engagement.
  • ESG investing trends align with their mission, opening new funding opportunities.
  • Investment in New York Mortgage Coalition shows commitment to addressing housing inequities.

What critics are saying

  • Emerging competition in renter rewards market could divert partnerships and funding.
  • Competitors' cash-back programs may challenge their affordable housing initiatives.
  • Pressure to enhance technological offerings due to tech-driven solutions by startups.

What makes Enterprise Community Partners unique

  • Enterprise Community Partners focuses on making homes accessible for underserved communities.
  • They launched the Standby Guaranty Facility to aid developers of color in 2021.
  • Partnerships with financial institutions like Fifth Third Bancorp enhance their housing initiatives.

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Funding

Total Funding

$33.1M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Mental Health Support

Family Planning Benefits

Fertility Treatment Support

Wellness Program

Tuition Reimbursement

Conference Attendance Budget

Company News

TechCrunch
Jun 30th, 2022
Taking On Bilt, Stake Aims To Expand Its Cash-Back Rewards Program For Renters

Aiming to compete with Bilt in the nascent property renter rewards market, Stake, a startup that provides cash back and banking services to renters, today announced that it raised $12 million in a Series A round led by RET Ventures’ new RET Ventures ESG Fund. Enterprise Community Partners, Hometeam Ventures, Operator Stack, Shadow Ventures, Olive Tree Ventures and Second Century Ventures, the investment arm of the National Association of Realtors, also participated, bringing Stake’s total raised to $17.9 million. Co-founder and CEO Rowland Hobbs says the new capital will be put toward expanding the platform and increasing Stake’s workforce from 17 employees to 23 by the end of the year

Multi-Housing News
Jan 13th, 2022
Enterprisecommunity launched Standby Guaranty Facility on Jan 13th 21'.

Last year, Enterprise also launched a credit enhancement tool called the Standby Guaranty Facility that’s meant to assist developers of color get access to capital that they otherwise wouldn’t get since they don’t meet traditional investor requirements.

Business Wire
Oct 13th, 2021
Fifth Third Bancorp partners with Enterprise Community Partners

Fifth Third is collaborating with Enterprise Community Partners, a national nonprofit that exists to make a good home possible for the millions of families without one.

Harlem World Magazine
Aug 11th, 2021
Enterprise Community Partners invests into New York Mortgage Coalition in $200K

The New York Mortgage Coalition has received a $200,000 grant from Enterprise Community Partners to combat bias in-home appraisals and to help diversify the industry.

Urban CNY
Mar 25th, 2021
Enterprise Community Partners invested into Blueprint 15 in $1M on Feb 25th 21'.

Blueprint 15 recently received a $1 million grant from Enterprise Community Partners, which distributes money won in settlements by the state Attorney General to community projects.

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