Enterprise Home Ownership Partners
Many hard-working, low-income families in Los Angeles could realize the dream of owning a home, if only they had access to decent, affordable homes and prudent financing. Enterprise Home Ownership Partners has developed a program that makes this dream attainable.
Home Ownership Partners is a supporting organization of The Enterprise
Community Partners, a national nonprofit organization working with partners
to rebuild communities by providing low-income people with affordable
housing, safer streets, and access to jobs and child care. Using resources
from the public and private sectors, the program will invest more than
$100 million in these neighborhoods, while building a stable base of
more than 1,500 homeowners living in fully renovated homes. EHOP substantially rehabilitates homes, mades them energy efficient, expandes them to accommodate larger families and partners with banks to create affordable loan products. As a result, more than 500 households in one of the country’s costliest housing markets became homeowners.