Enterprise and Citi Will Amplify Federally-Funded Foreclosure Response Efforts in California
LOS ANGELES (November 3, 2011) – Enterprise Community Partners (Enterprise) announced today a new partnership with Citi that will expand community revitalization efforts aimed at responding to the effects of the foreclosure crisis in California. The program will involve the use of funds from the U.S. Department of Housing and Urban Development’s Neighborhood Stabilization Program (NSP), which is intended to stabilize communities that have suffered from foreclosures and abandonment.