Have you ever been to the Baltimore Harbor or Faneuil Hall in Boston? If you have, you probably have marveled at the design of these fascinating tourist destinations. Both were built by Jim Rouse - who just so happened to have started the national non profit organization called Enterprise!
Enterprise specializes in providing funding for neighborhood groups across the country. The Rochester branch of Enterprise has helped support organizations like Rural Opportunities, Sector 4 (the area around Thurston, Genesee and Jefferson), and the South Wedge Planning Committee so they could build up their neighborhoods. Our local chapter has been around since 1982 and has invested $6 billion to help improve low income communities. Enterprise has helped build 577 affordable housing units, has spent $5.5 million toward rehabilitating foreclosed houses and turning them into for sale or rental properties and has spent $2.2 in grants to nonprofit organizations to develop affordable housing, bring in new business, and revitalize local neighborhoods.
United Way’s Community Fund helps support programs like the Rochester Community Development Collaborative – one of Enterprise’s programs. The RCDC is actually a funding collaborative between Enterprise, United Way, the City of Rochester, and several local banks, that focuses on building up the real estate, providing intensive technical assistance, prepare organizational assessments, business plans and facilitate board and staff development sessions.
To learn more about the great things Enterprise makes possible in our community, check out their website.
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