Wells of Artesia
Artesia, NM
- Units
- 198
- Type
- Family
New Mexico · Texas · Oklahoma · Alabama · Florida
Building vibrant, sustainable communities where generations prosper.
Enriched Communities, LLC develops affordable housing, senior housing, and master-planned communities through LIHTC, tax-exempt bonds, and innovative public-private financing. We partner with cities, land owners, and investors to deliver inclusive neighborhoods that drive social and economic mobility.
Focus Areas
Four pillars that shape every neighborhood we build.
Our mission is to forge a brighter future through vibrant, sustainable communities that drive social and economic mobility for low-income and workforce families and seniors.
Local Support & Collaboration
We partner with cities, counties, municipalities, mayors, and community organizations to shape every project around local need.
View local support & collaboration detailsEconomic Stewardship
Deep expertise in LIHTC, tax-exempt bonds, HUD 221(d)(4), and FNMA MTEB financing structures delivers projects that pencil and last.
View economic stewardship detailsCommunity Transformation
Intergenerational neighborhoods that bring seniors, families, and children together with shared amenities, wellness, and learning.
View community transformation detailsGreen Building
Energy-efficient design, eco-friendly materials, and durable construction lower the cost of living and protect the environment.
View green building detailsOur Mission
Pioneering community development through strategic vision and financial expertise.
Enriched Communities is dedicated to reshaping the landscape of affordable housing and community development. At the core of our mission is a commitment to creating vibrant, sustainable, and inclusive neighborhoods that provide opportunities for residents of all ages and backgrounds to thrive.
- Intergenerational design — senior and family housing share courtyards, gardens, and wellness programs.
- Complex financings — LIHTC, tax-exempt bonds, HUD 221(d)(4), FNMA MTEB, and private capital, structured by a team with decades of LIHTC experience.
- Sustainable construction — energy-efficient homes that lower the cost of living for working families and seniors.
Service Areas
Active across the Southwest and Southeast.
From the small towns of New Mexico to growth corridors in Texas, Oklahoma, Alabama, and Florida, we focus on the cities, MSAs, QCTs, DDAs, and Opportunity Zones where affordable housing is needed most.
Our Projects
Communities delivered, communities under construction.
A track record of LIHTC, tax-exempt bond, and HUD-financed developments across multiple states.
Encanto at Mesa del Sol
Albuquerque, NM
- Units
- 318
- Type
- Family
Elk Meadows
Ruidoso, NM
- Units
- 72
- Type
- Family · Under Construction
The Dean at Chase Creek
Huntsville, AL
- Units
- 336
- Type
- Family
Common Questions
Understanding affordable housing development.
Quick answers about LIHTC, QCTs, Opportunity Zones, and how land owners and cities partner with affordable housing developers.
What is LIHTC (Low-Income Housing Tax Credit)?
LIHTC is the federal program that gives developers tax credits in exchange for building or rehabilitating affordable rental housing. It is the primary funding source for new affordable housing in the United States. Enriched Communities specializes in structuring 4% and 9% LIHTC deals alongside tax-exempt bonds, HUD financing, and private capital.
What is a Qualified Census Tract (QCT) or Difficult Development Area (DDA)?
QCTs and DDAs are HUD-designated geographies where affordable housing projects qualify for a 30% boost in eligible LIHTC basis. Land located in a QCT, DDA, or Opportunity Zone is significantly more valuable to an affordable housing developer.
I own land in an MSA — how do I bring it to a developer?
Contact Enriched Communities. We routinely partner with land owners, brokers, and small developers in Metropolitan Statistical Areas. We handle entitlements, financing, design, and construction, and we structure broker commissions and seller participations on land we acquire.
What is a master-planned community?
A master-planned community (MPC) is a large-scale development that combines housing, retail, civic space, parks, and amenities under a single coordinated plan. Enriched Communities designs intergenerational MPCs that integrate affordable family housing, senior housing, and community resources.
Have land, a city need, or capital to deploy?
We work with city managers, mayors, county supervisors, investors, lenders, family offices, brokers, and small developers to bring affordable and master-planned communities to life.
