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Social Enterprises of the Year

Enterprise Community Partners, has invested $9 billion in equity capital, pre-development lending, mortgage financing, and development grants to house low- and moderate-income Americans. It also helped create the low-income-housing tax credit that for 25 years has provided a way for the business world to address the need for affordable housing while still making a profit. That credit has accounted for some 90% of the affordable rental housing in the U.S. Now it is taking on the credit crunch with innovative financing and a green-building initiative.