The partnership of Enterprise, the Cleveland Housing Network, and the 14 neighborhood organizations has helped more than 1,300 low-income families move into stable homes. To support the housing efforts of community-based organizations, Enterprise provides training in least cost methods of rehabilitating units, financing affordable housing, and linking housing to human services. In addition, Enterprise provides small grants, low-interest rate loans, and equity capital. It works with nonprofit groups to develop their ability to own, manage and oversee the housing they produce. A community such as the Near West Side in Cleveland can better advance when leadership from within the community is combined with financial and technical resources from outside the community.
Enterprise provides support at both levels.
The Foundation fosters the development of community leaders and provides operating support through grants and loans, which can be pivotal for small nonprofit organizations. Enterprise also helps community-based organizations obtain financial support for their developments from the federal, state and local governments as well as from regional and national philanthropies. The Ohio City Near West Development Corporation is one of the many success stories Enterprise witnesses daily. This nonprofit is bringing stability to its neighborhood by helping more than 100 low-income families obtain decent housing where they can grow and prosper for many years. The Rivera family has found a home through Ohio City Near West Development.