Prior to joining
Enterprise seven years ago, Whitehead was senior vice president of
corporate operations at Integrated Health Services, Inc.

Brutal Graterford Assault Shows Danger of Understaffing

wharf stockade

Enterprise is now the second largest allocatee
in the nation.

"It is an exciting time at Enterprise . Beard is to meet with prison officials, but not
Corrections Officers, about an assault nearly two months ago.

Visitors can reach the island by ferry ride from Fisherman's Wharf in San Francisco.

infamy prisons

He oversees the company's
transaction underwriting and approval process and leads the credit
and technical services teams. Wesolowski is responsible
for fund management, investor relations, investor reporting, loan
servicing, and Community Development Entity (CDE) compliance .

Enterprise Community Investment, Inc.

Today, the island is a historic site supervised by the National Park Service as part of the Golden Gate National Recreation Area and is open to tours.

supervised memoirs


In November 2005, Enterprise formally announced its decision to implement
an integrated business model for all of its community development products and
services. Werhane joined Enterprise in 2000 to head up the New Markets
Tax Credits business.'"
The Graterford Corrections Officer allegedly was assaulted by an inmate
who murdered a cellmate in 1993, was convicted of first degree murder, and has
a long history of assault and discipline problems at Graterford and other
state prisons.

riot closure

Enterprise Community Investment Inc. Announces Strategic Move to Enhance Business Model Customer Service Growth



-- Structured Finance: As senior vice president, structured finance ,
Joe Wesolowski will manage Enterprise's New Markets Tax Credits and
other debt and non-LIHTC equity products. State Corrections Officers' Group Continues Plea for Help

HARRISBURG, Pa.

memoirs robben

Senior Leadership Team Restructured

COLUMBIA, Md.
The following outlines the major changes along with the senior managers
responsible for carrying out the new plans. In her new role,
Stagmer will oversee the asset management, finance and credit
functions for the company.
Enterprise's move to expand its leadership team and implement an
integrated business model comes at a time when the company celebrated another
highly successful and productive year. Visit
http://www. Staff reportedly found
the inmate with blood -stained hands and clothing.

ipix prisons

(Enterprise) announced today that its board of directors has approved a
restructuring of the company's lines of business, accompanied by a significant
realignment of its senior management team. To support Enterprise's goal of providing unified, efficient and
one -stop customer solutions to its investors, developers, and other partners,
the board has approved the restructuring described below. Her additional responsibilities include the oversight of
strategic planning activities that will result in a unified,
efficient and one-stop service to customers. is a leading provider of the
development capital and expertise it takes to create decent , affordable homes
and rebuild communities. The officer who was
attacked had to have three teeth wired back into his mouth and his forehead
repaired by a plastic surgeon."

"The hard fact is that if we increase the complement of officers, current
officers will work less overtime -- a direct hit on their paychecks."
"Our prisons never will be assault proof, and Corrections Officers know
there are hazards.

inmates robben

Enterprise leverages low-income housing, new markets
and historic rehabilitation tax credits; short- and long-term debt, and
development services to capitalize projects that make a catalytic difference
in communities., A brutal assault of a Corrections
Officer at Graterford State Correctional Institution (SCI), one of a recent
string of assaults at state prisons, underscores the dangers of current
understaffing, according to Donald G."
This week, McNany called for the state's Corrections Secretary, Jeffrey
Beard, to meet with PSCOA representatives during his May 6th visit to the SCI
at Dallas, Luzerne County.

prison contrasting



-- Production: Charlie Werhane, formerly executive vice president and
chief operations officer, was promoted to vice chairman and chief
operations officer. Senate Bill 362
doesn't create new positions, but would require that all positions already
funded in the state budget are filled.

Its name comes from the Spanish word for gannet.

closure clashes

Enterprise is a national leader in
the affordable housing and community development industry, with investments
across its business lines totaling in excess of $1 billion per year.
Stagmer joined Enterprise as chief financial officer in 2000, after
many years at The Rouse Company, and was promoted to senior vice
president of finance and strategic planning in 2002.

closure fortification

Working
with various investor and developer partners, Enterprise finances, develops,
and manages a portfolio of high-quality affordable housing and related
community enrichment facilities in underserved communities across the country. On April 19, correctional staff walking through the area came
upon the semi-conscious Corrections Officer, who was lying in a pool of his
own blood . Since other officers were not in the unit at the time of the
assault, no one sounded an alert during the attack."
"Governor Ed Rendell proclaimed this as 'Corrections Employee Week,' but
too many of these officers are spending this week suffering from injuries
sustained while trying to do their jobs, and we must address that problem,"
said McNany, who estimates the state prisons are about 200 officers short of
being properly staffed.

infamy gannet



-- Strategic Planning, Human Resources and Marketing: Helen Whitehead
was promoted to executive vice president and chief administrative
officer. In
this role, Hoekman will assure that real estate credit standards and
risk management are uniformly implemented across product lines,
including new lines of business.

-- Legal: Enterprise has also recently hired its first internal general
counsel.
"If we want to honor Corrections Officers, the administration should
listen to their professional concerns.

Alcatraz Island is located in the middle of San Francisco Bay in California .

prison stockade


Nevertheless, officers overwhelmingly prefer trading overtime to reduce
unnecessary risk.

warden beacher



-- Syndication: Paul Cummings was promoted to senior vice president of
syndication . Cummings joined Enterprise in 1996 as an
underwriter and from 2003 to 2005, served as vice president of west
coast operations. For over two decades, Enterprise has privately raised $7
billion in capital to finance affordable housing, create vital communities and
help transform the lives of low-income Americans, particularly those at the
lowest end of the economic scale.


alcatraz ipix


"Delivering our comprehensive portfolio of community development products
to both our developer customers and investors through a single, relationship-
based production organization will position Enterprise to enhance its
tradition of excellence in serving our clients," said Jeff Donahue, president
and chief executive officer of Enterprise Community Investment, Inc.

stockade fisherman

"The Department of Corrections (DOC) must stop trying to dismiss the
problem.
PSCOA is supporting Senate Bill 362, which would enhance safety by
compelling the DOC to fill all authorized officer positions.

riot robben

Bruce Rothschild will oversee and coordinate all legal
activities for the investment company . "I congratulate our expanded
senior team. In that
incident, an inmate used a mop handle to repeatedly beat one officer on the
head on a cell block where only two officers were overseeing 134 inmates.

It is listed as a National Historic Landmark.

prisons contrasting


"These are increasingly serious and violent attacks," said McNany. "A
common thread often is that the officer was alone or had insufficient back-up,
although additional positions have been included in the state budget.
Unfortunately, our department refuses to fill all the openings they have
budgeted for.

convict stockade

, Enterprise Community Investment ,
Inc.

-- Finance, Credit, Asset Management: Holly Stagmer was promoted to
executive vice president for finance, credit and asset management. We are making positive changes
throughout our organization, and at the same time, we were able to achieve
record-breaking results in 2005," said Donahue. Their leadership will contribute to the company's continued
growth and enable Enterprise to bring critical resources through sound,
strategic partnerships to low-income people and communities across the
country," he said.enterprisecommunity.
Since January 1, PSCOA has received reports of approximately 125 assaults
on correctional staff at institutions across the state .

fortification memoirs

He will have
increased involvement in new product development and production-
related budget matters. McNany, Pennsylvania State Corrections
Officers Association (PSCOA) President .

fortification stockade

In his new role, Werhane is the overall head of
production for Enterprise's low-income housing tax credit
syndication, multifamily mortgage and structured finance product
lines. In this role, Cummings will be responsible for national
deal production and staff expansion in key markets.

-- Credit: Scott Hoekman was promoted to senior vice president and
chief credit officer for all of Enterprise Community Investment.

convict clashes

Rothschild comes to
Enterprise with a long and varied career, including 19 years with The
Rouse Company , most recently as general counsel.com to learn more about Enterprise's efforts to
build communities and opportunity.

It was formerly used as a military stockade and later as a maximum security prison .

clashes birdman

Werhane, formerly president and CEO of USF+G Realty
Advisors, brings over 25 years of real estate finance, production and
management experience to his expanded role with the company .
"There is no excuse for any correctional staff to be in a unit alone with
inmates who have a tremendous propensity for institutional violence and who
have virtually nothing to lose if they assault or kill staff or other
inmates," McNany said. But unnecessary understaffing shouldn't be part of the
risk," McNany said.

stockade 1757

Currently, Enterprise is investing in
communities at a rate of $1 billion a year.

johnston escape

"Our Corrections Officers are brave, but they are
being asked to go far beyond the call of duty in the name of 'doing more with
less.
"Officers report increasing signs of prison unrest, with assaults just one
symptom of the tensions created by understaffing and overcrowding ," McNany
said.


fortification 1757

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