Enterprise Community Partners, formerly The Enterprise Foundation, is a Columbia, Maryland-based nonprofit organization with offices nationwide. Founded in 1982 by developer/philanthropist James W. Rouse and his wife Patty, Enterprise has worked with community-based nonprofit organizations to develop nearly 358,000 affordable homes and invest nearly $23.4 billion throughout the United States. At its outset the program was embraced by both Democratic and Republican administrations as a method to defund expensive subsidized housing. It was also supported by land development interests to prevent competition in the home building industry. Initial funding came from Rouses ACTION partners Richard King Mellon, David Rockefeller, Andrew Heiskell, Ford Foundation, and other Rouse affiliates including Kittamaqundi Community leader Gordon Cosby, Robert McNamara, Senator Mac Mathias. Although in private control, Enterprise relies heavily on federal incentives, loan guarantees and financing from agencies such as the FHA. Enterprises mission is to create opportunity for low- and moderate income people through affordable housing in diverse, thriving communities. In 1972, three members of the Church of the Saviour, Terry Flood, Barbara Moore and Carolyn Banker wanted to create low-income housing in the Adams Morgan neighborhood of D.C. With no development, financial or construction experience, they put down a non-refundable deposit to purchase the Ritz and Mozart apartment buildings. Their commitment won over James Rouse, CEO of The Rouse Company and he helped them secure $625,000 to complete the transaction and $125,000 toward the cost of rehabilitation.
Highest paying job titles at Enterprise Community Partners include Learning & Development Manager, Controller, and Loan Officer