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AFFORDABLE HOUSING GROUP

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Bellwether Enterprise is on a mission, working to finance the country’s growing affordable housing needs. Together with our parent company, Enterprise Community Investment Inc., and the Enterprise family of companies, Bellwether Enterprise is committed to the affordable housing needs of the country.  As the largest non-bank debt origination platform dedicated to affordable housing finance, we are one source for many solutions.

A STRATEGIC PARTNERSHIP

Market knowledge and best-in-class customer commitment on every deal, and target equity placements of $3,000,000 - $100,000,000+ per transaction.
Extensive client base and equity relationships include operators, sponsors, developers, portfolio owners, pension funds, opportunistic real estate funds, insurance companies, endowments, private REITs, & family offices

IN THE NEWS

Woda Cooper Cos. Brings Affordable Housing to Tennessee's Sevier County

2020-05-19

Douglas Greene in Kodak, Tenn., is a new 80-unit affordable community for residents who earn up to 60% of the area median income.

LAPORTE, IN

Workforce Housing Project in Eagle County Receives Funding

2020-05-11

Spring Creek Village, an affordable housing project in Gypsum, Colorado, has received funding for the next phase of development, a series of apartments primarily developed by Gerry Flynn of Polar Star Properties. Sharing Connexion Inc, a Denver-based nonprofit, provided a $1.75 million bridge loan under their Real Estate Impact Investments program, which provides financing support to affordable housing and nonprofit spaces.

DENVER, CO

Colorado Mountain Community to Get Modular-Built Affordable Housing

2020-03-17

Gypsum, CO has an affordable housing problem that's exacerbated by its location, weather, and labor costs.

DENVER, CO

CBS 60 Minutes Airs "Unsheltered"

2018-12-01

CBS 60 Minutes ran a piece called “Unsheltered” that focused on the increasing homeless population in high cost west coast cities like Seattle and the San Francisco Bay area. I most appreciate the interviews with two individuals who are working full time: one a maintenance working earning $19.50/hour and the other a US Postal Service delivery person, who are living in a tent or an RV, respectively. For these two families the cost of rent would make them “severely rent burdened”, meaning they would pay more than 50% of their monthly income on rent (as defined by HUD), leaving little money to pay for food, health care and other basic needs that so many of us take for granted. This is an increasingly common issue in cities across the US but particularly prevalent in high cost markets (ie New York, San Francisco, Seattle). While not mentioned specifically in the piece, images of two projects recently financed by BWE are included in the piece: Mercy Magnusson Place (https://www.mercyhousing.org/northwest/mercy-magnuson-place/) (at 10:00) and Liberty Bank Building (https://www.capitolhillhousing.org/ourproperties/buildings/lbb.php) (at 10:03), both of these developments are being financed with Freddie Mac TEL tax-exempt bond permanent financing and tax credit equity from Enterprise Housing Credit Investments (EHCI). These two projects are representative of BWE and EHCI’s collaboration and commitment to provide affordable housing across the US.

NEW YORK, NY

FIND YOUR AFFORDABLE HOUSING SPECIALIST

Led by Phil Melton in Dallas, our team of skilled loan originators, located throughout the country, has 140 plus years of combined experience and an estimated $5 billion in loan originations. In the complex world of affordable housing finance, Bellwether Enterprise serves the needs of property owners, developers and investors.​

CASE STUDIES

Cypress Creek at Parker Boulevard

Royse City, Texas

$19,605,000

McCarty Commons

San Marcos, Hay County, Texas

$30,298,700

The Curve

Moore, Oklahoma

$19,000,000

Building 9

Seattle, Washington

$7,965,000

St. John's Apartments

San Antonio, Texas

$23,000,000

REPRESENTATIVE TRANSACTIONS
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© 2020 by Bellwether Enterprise Real Estate Capital, LLC, a subsidiary of Enterprise Community Investment, Inc.