Home / Affordable Housing

Affordable Housing.jpg

Affordable Housing Group

Led by Phil Melton in Dallas, our team of skilled loan originators, located throughout the country, has 140 plus years of combined experience and an estimated $5 billion in loan originations. In the complex world of affordable housing finance, Bellwether Enterprise serves the needs of property owners, developers and investors.​

Let Us Invest in You.

Bellwether Enterprise is on a mission, working to finance the country’s growing affordable housing needs. Together with our parent company, Enterprise Community Investment Inc., and the Enterprise family of companies, we are committed to the affordable housing needs of the country.  As the largest non-bank debt origination platform dedicated to affordable housing finance, we are one source for many solutions.

Image by Scott Graham
White_Abstract

A Strategic Partnership

Market knowledge and best-in-class customer commitment on every deal, and target equity placements of $3,000,000 - $100,000,000+ per transaction.
​​
Extensive client base and equity relationships include Operators, Sponsors, Developers, Portfolio Owners, Opportunistic Real Estate Funds, Endowments, Private REITs, 501c3's/Non-Profits, Public Facilities Corporations & Housing Authorities.

BWE Logo_Color.png

In the News

Vacant Office Building in Lakewood to be Converted into Affordable Housing for Local Artists

2020-09-21

Construction is currently underway on Notable, a 5-story, 218-unit affordable community in Lakewood that will provide artists, teachers and others that serve the community, the ability to live in the area they work. Zocalo Community Development will serve as the developer, general contractor and property manager. The project is reported to have received $47.6 million in construction financing, arranged by Bellwether Enterprise Real Estate Capital through the direct purchase of tax-exempt and taxable bonds issued by Colorado Housing and Finance Authority

Bellwether Enterprise closes $88 million in loans for affordable housing communities in Texas

2020-09-17

Bellwether Enterprise Real Estate Capital, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., announced the closing of three loans totaling $88,435,000 for the creation and preservation of affordable multifamily housing communities in Austin and Garland, Texas. Phil Melton, executive vice president and national director of affordable and FHA production in Bellwether Enterprise’s Dallas office and Cindy Hannon, senior vice president in the Duluth, Georgia office, originated the three Texas loans.

BWE Map_Affordable-01.png

Find Your Affordable Housing Specialist

Our Affordable Housing Group is headquartered in Dallas, Texas.  We have loan originators dedicated to affordable housing in nine locations across the country.  With over 100 years of combined experience, you can be confident when you reach out to one of our experts, you'll have the best in the industry.

Representative Transactions

Multifamily
$1,560,000.00
Fannie
Pittsburgh
PA
Multifamily
$3,120,000.00
Fannie
New Kensington
PA
Multifamily
$28,500,000.00
FHA
Chicago
IL
Multifamily
$9,035,000.00
Fannie
Greensburg
PA
Multifamily
$4,075,000.00
Bank
Greenville
SC
Multifamily
$40,386,000.00
Fannie
Austin
TX
Multifamily
$14,200,000.00
FHA
Rockford
IL
Multifamily
$1,270,500.00
USDA
Ruleville
MS
Multifamily
$1,818,000.00
USDA
Horn Lake
MS
Multifamily
$1,535,900.00
USDA
Yazoo City
MS
Multifamily
$921,400.00
USDA
Lambert
MS
Multifamily
$1,481,100.00
USDA
Yazoo City
MS
Multifamily
$731,800.00
USDA
Crenshaw
MS
Multifamily
$1,688,400.00
USDA
Greenville
MS
Multifamily
$1,389,347.00
USDA
Greenville
MS
Multifamily
$1,651,300.00
USDA
Sardis
MS
Multifamily
$1,835,700.00
USDA
Horn Lake
MS
Multifamily
$1,933,500.00
USDA
Pontotoc
MS
Multifamily
$7,050,000.00
Freddie
McKinney
TX
Multifamily
$3,285,300.00
FHA
Cleveland
OH
Multifamily
$3,296,900.00
FHA
Defiance
OH
Multifamily
$12,580,000.00
Washington
DC
Multifamily
$14,985,000.00
Freddie
Austin
TX
Multifamily
$2,385,000.00
USDA
Devil's Lake
ND
Multifamily
$4,094,050.00
FHA
Bethel Place
PA
Multifamily
$1,072,013.00
USDA
Mitchell
SD
Multifamily
$11,561,900.00
FHA
Dothan
AL
MHC
$7,425,000.00
Fannie
Weir
TX
Multifamily
$32,900,000.00
Bridge
Washington
DC
Multifamily
$9,420,000.00
FHA
Newnan
GA
Multifamily
$3,339,000.00
FHA
Delano
CA
Multifamily
$7,980,000.00
FHA
Thomaston
GA
Multifamily
$18,711,000.00
Fannie
Austin
TX
Multifamily
$59,000,000.00
Fannie
Austin
TX
Multifamily
$325,000.00
USDA
Cadillac
MI
Multifamily
$5,389,000.00
Freddie
Killeen
TX
Multifamily
$6,500,000.00
Direct Bond Purchase
Cleveland
OH
Multifamily
$12,500,000.00
Direct Bond Purchase
Cleveland
OH
Multifamily
$1,050,000.00
Freddie
Washington
DC
Multifamily
$1,625,000.00
Fannie
Zelienople
PA
Multifamily
$33,938,000.00
Freddie
Austin
TX
Multifamily
$10,400,000.00
FHA
Charlotte
NC
Multifamily
$4,200,200.00
FHA
Atlanta
GA
Multifamily
$35,975,000.00
FHA
Auburndale
FL
Multifamily
$15,259,700.00
FHA
Cleveland
OH
Multifamily
$3,562,100.00
FHA
East Point
GA
Multifamily
$10,792,955.00
FHA
Newark
NJ
Multifamily
$12,670,080.00
FHA
Murfreesboro
TN
Multifamily
$27,177,276.00
FHA
Chicago
IL
Multifamily
$1,788,000.00
Freddie
Irondale
AL
Multifamily
$18,800,000.00
Freddie
Webster
TX
Multifamily
$11,780,000.00
Freddie
Houston
TX
Multifamily
$13,050,000.00
Direct Bond Purchase
Fort Worth
TX
Multifamily
$5,500,000.00
Direct Bond Purchase
Raleigh
NC
Multifamily
$17,500,000.00
Direct Bond Purchase
Raleigh
NC
Multifamily
$3,400,000.00
FHA
Evanston
IL
Multifamily
$2,404,082.00
FHA
Santa Cruz
CA
Multifamily
$14,260,000.00
Agency
Austin
TX
Multifamily
$18,592,000.00
Agency
San Antonio
TX
Multifamily
$4,320,000.00
Agency
Fayetteville
AR
Multifamily
$12,980,000.00
Agency
San Francisco
CA
Multifamily
$9,500,000.00
Agency
Hendersonville
NC
Multifamily
$2,036,000.00
Agency
Jackson
MS
Multifamily
$2,739,000.00
Agency
Jackson
MS
Multifamily
$2,413,000.00
Agency
Jackson
MS
Multifamily
$4,573,344.00
Agency
Bakersfield
CA
Multifamily
$12,055,588.00
Agency
Baltimore
MD
Multifamily
$2,517,500.00
Agency
Mason City
IA
Affordable Housing
$1,837,000.00
Freddie
Washington
DC
Multifamily
$16,600,000.00
Direct Bond Purchase
Lakewood
CO
Multifamily
$31,000,000.00
Direct Bond Purchase
Lakewood
CO
Multifamily
$1,602,000.00
FHA
Monroe
LA
Multifamily
$2,000,000.00
Direct Bond Purchase
San Antonio
TX
Multifamily
$28,000,000.00
Direct Bond Purchase
San Antonio
TX
Multifamily
$20,050,000.00
FHA
Chicago
IL
Affordable Housing
$4,131,000.00
Other
Lima
OH
Affordable Housing
$6,360,000.00
Fannie
Lake Worth
FL
Multifamily
$3,950,000.00
Freddie
Owings Mills
MD
Multifamily
$1,000,000.00
Freddie
Cincinnati
OH
Multifamily
$5,280,000.00
Freddie
Niles
MI
Multifamily
$4,163,700.00
FHA
Lawerenceville
GA
Multifamily
$5,203,000.00
Freddie
Richmond Hill
GA
Multifamily
$17,281,900.00
FHA
Camden
NJ
Multifamily
$13,115,000.00
Freddie
Garland
TX
Multifamily
$6,300,000.00
Fannie
Austin
TX
Multifamily
$2,802,000.00
Freddie
Decatur
GA
Multifamily
$5,250,000.00
Freddie
Laredo
TX
Affordable Housing
$2,079,300.00
FHA
Bonham
TX
Multifamily
$7,965,000.00
Freddie
Seattle
WA
Multifamily
$4,300,000.00
FHA
Cleveland
OH
Multifamily
$2,635,000.00
USDA
Irmo
SC
Multifamily
$28,840,000.00
Freddie
Elmhurst
IL
Multifamily
$1,475,000.00
USDA
Port Clinton
OH
Affordable Housing
$9,000,000.00
Freddie
Richmond
VA
Multifamily
$8,560,000.00
FHA
Charleston
SC
Multifamily
$4,507,093.00
Other
Houston
TX
Affordable Housing
$1,470,000.00
Freddie
Macon
GA
Multifamily
$5,199,543.00
Other
Virginia Beach
VA
Multifamily
$22,500,000.00
Direct Bond Purchase
Seaside
CA
Multifamily
$4,000,000.00
Fannie
Austin
TX
Multifamily
$2,700,000.00
Direct Bond Purchase
Colorado Springs
CO
Multifamily
$16,830,000.00
Direct Bond Purchase
Colorado Springs
CO
Multifamily
$3,645,200.00
FHA
Ocean Park
ME
Multifamily
$6,250,000.00
FHA
Akron
OH
Multifamily
$750,000.00
USDA
Decatur
MI
Multifamily
$775,000.00
USDA
Lawrence
MI
Multifamily
$5,350,000.00
FHA
Oklahoma City
OK
Affordable Housing
$29,200,000.00
FHA
San Antonio
TX
Multifamily
$4,377,200.00
FHA
Elyria
OH
Multifamily
$16,000,000.00
FHA
Hampton
VA
Multifamily
$7,040,200.00
FHA
Decatur
GA
Multifamily
$800,000.00
USDA
Silverton
OR
Multifamily
$5,205,000.00
FHA
Cleveland
OH
Multifamily
$5,475,000.00
Freddie
Portland
OR
Multifamily
$5,440,000.00
Fannie
Latrobe
PA
Multifamily
$4,511,288.00
Other
Spring
TX
Multifamily
$1,755,000.00
USDA
Lewistown
MT
Multifamily
$9,970,000.00
Agency
Port Arthur
TX
Multifamily
$10,290,000.00
Agency
Port Arthur
TX
Multifamily
$32,000,000.00
CMBS
Overland Park
KS
Multifamily
$5,756,000.00
Agency
Austin
TX
Multifamily
$27,000,000.00
Direct Bond Purchase
Austell
GA
Multifamily
$2,241,000.00
Agency
Baltimore
MD
Multifamily
$3,650,000.00
Other
Portsmouth
VA
Multifamily
$14,000,000.00
Direct Bond Purchase
Raleigh
NC
Multifamily
$2,200,000.00
Agency
Baltimore
MD
Multifamily
$32,500,000.00
Other
Pflugerville
TX
Multifamily
$11,700,000.00
Other
Camden
NJ
Multifamily
$4,261,000.00
Agency
Northglenn
CO
Multifamily
$8,100,000.00
Agency
Seattle
WA
Affordable Housing
$5,283,000.00
Agency
Indian Lake
TX
Multifamily
$850,000.00
Agency
Newcomerstown
OH
Multifamily
$13,278,500.00
Agency
Asheville
NC
Multifamily
$3,200,000.00
Agency
Baltimore
MD
Multifamily
$9,050,000.00
Agency
Multiple
AL
Multifamily
$6,100,000.00
Agency
Lawton
OK
Multifamily
$10,204,000.00
Agency
Port Arthur
TX
Multifamily
$56,000,000.00
Agency
Austin
TX
Multifamily
$1,920,000.00
Other
Indianapolis
IN
Multifamily
$3,313,000.00
Agency
Asheville
NC
Multifamily
$24,112,000.00
Agency
Marietta
GA
Multifamily
$3,850,000.00
Agency
Birmingham
AL
Multifamily
$3,227,625.00
Agency
Laurel
MS
Retail
$1,700,000.00
Other
Holland
MI
Multifamily
$2,940,000.00
Agency
North Decatur
GA
Multifamily
$1,500,001.00
Agency
Piketon
OH
Multifamily
$10,100,000.00
Agency
Staunton
VA
Multifamily
$700,000.00
Agency
Terra Alta
WV
Multifamily
$1,860,000.00
Other
Jackson
MI
Multifamily
$4,900,000.00
Agency
Decatur
TX
Multifamily
$2,051,000.00
Agency
Stuttgart
AR
Multifamily
$4,930,000.00
Agency
Miami
FL
Multifamily
$15,468,000.00
Agency
Taylors
SC
Multifamily
$14,500,000.00
Other
Greenville
SC
Multifamily
$1,436,000.00
Agency
Rogue River
OR
Multifamily
$820,000.00
Agency
Rogue River
OR
Multifamily
$417,500.00
Agency
Glendale
OR
Multifamily
$500,001.00
Agency
Piketon
OH
Multifamily
$4,180,000.00
Agency
Waller
TX
Multifamily
$6,035,000.00
Other
Port Arthur
TX
Multifamily
$967,500.00
Agency
Wahpeton
ND