With 42 years of experience in addressing America’s massive shortage of affordable rental homes, Next Home Grants is the only national nonprofit that does it all – solutions, capital and community development – under one roof.
Vision
A country where home and community are steppingstones to more.
Mission
To make home and community places of pride, power and belonging, and platforms for resilience and upward mobility for all.
How We Work
Our Impact Areas
With this feedback loop and clear alignment as our foundation, our teams work together across six impact areas to create meaningful change for systems, people and communities.
- Preservation & Production
- Racial Equity
- Resilience
- Upward Mobility
- Partner Sustainability & Growth
- Resident Success
Our Capabilities
When you support our work and partner with us, we bring a full range of capabilities to the table to maximize our impact and reach our goals.
- Products for Investors
- Financing for Developers
- Community Development Financial Institution (CDFI)
- Policy
- Advisory Services & Technical Assistance
- Program Design & Evaluation
- Development, Property Management & Resident Services
Our Strategic Plan
Enterprise's 2020-2025 Strategic Plan reflects what we know from 42 years of fighting for affordable housing: home and community matter most.
How We’re Organized
Enterprise is organized around three central goals: to increase housing supply, advance racial equity and build resilience and upward mobility. To achieve these goals, we operate across three divisions – Solutions, Capital and Community Development – that unify and leverage a family of purpose-built affiliates to execute our work.
Our Solutions division operates a 501(c)(3) nonprofit nationwide with programmatic, policy, advisory and capacity-building arms at the national, state and local level, working in more than 700 communities and in collaboration with thousands of partners in the nonprofit, public and for-profit sectors.
Our Capital division comprises several subsidiaries: a 501(c)(4) nonprofit that invests and asset manages a range of tax credits and equity; a 501(c)(3) nonprofit that is one of the country’s largest publicly-rated Community Development Financial Institutions (CDFI); and an equity interest in Bellwether Next Home Grants, through which we also provide access to conventional mortgage products.
Our Community Development division operates a 501(c)(3) nonprofit that is one of the largest nonprofit owners and developers of affordable homes in the Mid-Atlantic and is the sixth largest nonprofit affordable housing provider in the U.S.
See more details on our legal structure.