East Los Angeles Homeowner Celebrates Solar Enhancements

Posted by California RealEstateRama

November 30, 2007

Enterprise Home Ownership Partners premieres new Green Grant program for low-income homeowners

WHO: Enterprise Home Ownership Partners (EHOP), an Enterprise
sponsored program

    WHAT:             Celebration and viewing of the first solar and energy
                      enhancing installations under the EHOP Green Grant
                      program

WHEN: Wednesday, December 5, 9:30 a.m.

    WHERE:            Homeowner's Home
                      520 S. Arizona Street
                      Los Angeles, CA 90022

FEATURED SPEAKER: Los Angeles County Superintendent Gloria Molina,
1st District

    BACKGROUND: EHOP is premiering the first home fitted with energy
                 efficient improvements under their new Green Grants program.
                 Green Grants offers low-income homeowners of unincorporated
                 areas (S.D. 1) in East Los Angeles an opportunity to have
                 their homes fitted with photovoltaic panels (solar panels),
                 tankless water heaters, and/or ceiling and under floor
                 insulation.

                 These environmentally responsive and sustainable enhancements
                 have the potential to save the homeowners with limited
                 resources up to 50 percent of their current energy bills. In
                 addition each 3KW solar system will remove nearly 5000 lbs of
                 CO2 in the first year — equal to planting one acre of trees.
Enterprise is a leading provider of the development capital and expertise it takes to create decent, affordable homes and rebuild communities. For 25 years, Enterprise has pioneered neighborhood solutions through public-private partnerships with financial institutions, governments, community organizations and others that share our vision. Enterprise has raised and invested $8 billion in equity, grants and loans to help build or preserve 225,000 affordable rental and for-sale homes to create vital communities. Enterprise is currently investing in communities at a rate of $1 billion a year. Visit www.enterprisecommunity.org and www.enterprisecommunity.com to learn more about Enterprise's efforts to build communities and opportunity, and to meet some of the half a million people we have helped.
    Contact: TeAnne Coleman Chennault,
              213.299.7988 ext. 34
              301.343.0742 - cell
              TChennault@enterprisecommunity.org
SOURCE Enterprise