This report provides a deep dive into the impact of Our Region, Your Investment, providing impact insights for Enterprise Community Investment’s investors. It steps into the lives of residents at Clarendon Court, where they worked with local partners and investors to protect 103 affordable homes affordable for years to come.
In 2016, Enterprise Community Loan Fund worked with the Washington Regional Association of Grantmakers to launch Our Region, Your Investment—an impact investing initiative designed to address the housing affordability crisis in the Washington, D.C. region. In less than two years’ time, they have successfully raised more than $12 million from a wide range of local investors, fully deployed and reinvested those funds and analyzed their impact. Nearly 500 affordable homes have been preserved throughout the region because of the collective investment of community members, local foundations, and businesses.
Table of Contents
Foreword
Introduction
Investing in Opportunity: A National Snapshot
Our Region, Your Investment
Clarendon Court
The Community Context: A Great Place to Live
Priced Out of Opportunity
The Story of Clarendon Court
The Impact of Our Investment
Rebuilding a Dream: MD’s Story
The Keys to Success
Perspectives
Looking Forward
Endnotes
