- The Washington Times - Sunday, October 3, 2004

David Bowers heads up the Enterprise Foundation’s affordable housing drive in the District as director for the organization’s D.C. office.

Mr. Bowers, 34, is responsible for management of the three-member office and increasing awareness of the Enterprise Foundation, a Columbia, Md., nonprofit organization that helps low-income families find reasonable housing and improve their community lives.

The foundation has a network of 2,500 community organizations nationwide with which it works to develop or preserve low-income housing.

The real focus of the program side of his job is promoting preservation of areas designated as affordable housing zones, Mr. Bowers said.

“We’re looking at preservation vehicles not only for the District but for the metropolitan area,” he said. Mr. Bowers also will work with nonprofit and for-profit developers on ways to build affordable houses and rentals in the District.

A booming housing market has made that initiative more of a challenge as land development is limited in the District. “We just have to work in the market we’re in,” Mr. Bowers said.

Mr. Bowers comes to the Enterprise Foundation after leading a homeownership program that was part of the national labor union AFL-CIO’s Housing Investment Trust. Mr. Bowers led Hit Home, a single-family mortgage program, in the District and New York for three years.

“I think it helped give me a keen sense of the critical need for affordable housing options for working families,” he said.

Mr. Bowers said he is “wonderfully overwhelmed” in his new position, which he started in early September. “There is so much to learn [about] what this local office has done over the last several years and there are a lot of products offered under the Enterprise umbrella,” he said.

“But I have to say it’s been impressive to see an office as small as ours able to do so much,” he added.

Terri Y. Montague, Enterprise Foundation president and chief operating officer, said she picked Mr. Bowers because of his leadership skills and experience with housing issues. With Mr. Bowers, “the Enterprise Foundation will strengthen its support of preservation and expansion of affordable housing opportunities for very low-income families in Washington and throughout the region,” she said.

Mr. Bowers lives in Northeast.

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