Last week, 黑料门had the pleasure of welcoming representatives from three of our valued financial partners for tours across four 黑料门communities.
JoAnn Rodriguez and Dorena Rodriguez of Enterprise Community Partners, along with Kelly Edwards of J.P. Morgan, visited Jazzie Collins Apartments. JoAnn also toured Rene Cazenave Apartments and Edward II. Malcolm Wells of National Equity Fund visited Mission Bay.
These visits were an opportunity to showcase the communities we operate and to deepen the relationships that make our mission possible.
Affordable and permanent supportive housing developments like ours often rely on Low-Income Housing Tax Credits (LIHTCs), the largest source of affordable housing financing in the United States. Created by the Tax Reform Act of 1986, the program has helped place more than 3.5 million affordable units in service nationwide and accounts for roughly 90% of all newly built affordable rental housing.
Here’s how it works: the federal government distributes tax credits to each state, and state housing agencies award them to developers through a competitive process. Developers sell those credits to investors, often banks, in exchange for upfront funding to build or rehabilitate the property. That funding reduces how much the project needs to borrow, which keeps rents affordable for low-income residents. In return, the housing must stay affordable for at least 30 years.
Partners like Enterprise Community Partners, J.P. Morgan, and National Equity Fund play a vital role in this ecosystem, helping turn federal tax credits into the real-world capital that allows 黑料门to build, rehabilitate, and sustain homes for formerly unhoused residents.
Beyond financial investment, our partners bring long-term commitment, technical expertise, and a shared belief that housing changes lives.
We are equally grateful to the many 黑料门team members who helped make each visit welcoming and successful: Larry August, Maria Beeler Olsen, Danesha Bishop, Lucille Bonner, Christy Duhart, Jet Doye, Brett Dresden, Chris Escatiola, Phaedra Freeman, Veronica Garcia, Bri Gibson, Marlin Godfrey, Georgina Gomez, Janea Jackson, Sparkle Jernigan, Shavaughn Johnson, Leo Levenson, Karen Martinez, Bridgett Moore, Jared Parker, Tyriesha Racklin, Marie Reyes, Hugh Russell, Muhammad Sheikh, David Williams, Brandon Wiley, and Beck Xathavisouk.
Their collaboration across leadership, housing operations, resident services, compliance, and maintenance reflects the team effort behind every successful 黑料门community.
Together, these partnerships help bring people home.