The late James Rouse didn't follow the rules when it came to leading a business.
The visionary developer often gave a speech in which he talked
about putting the bottom line at the bottom. “If
it was at the top, you've lost your
way,” he'd say.
He believed that if you did well, you should use your success to
create the same opportunities for others.
Rouse and his wife, Patricia, put that idea into action and
founded the Enterprise Foundation in 1982 to work with low-income
people. Now called Enterprise Community Partners, the organization
has grown into a leading provider of capital for the affordable
The Rouses lead this year's group of
inductees into AFFORDABLE HOUSING FINANCE's Hall
“He was more interested in how things ought to
be than how they were,” says Bart Harvey,
Enterprise's former president and CEO, of Jim
Rouse. The same can be said for all of this
Robert Greer, president of Michaels Development Co.;
DavidReznick, founder of the Reznick Group; and Julia
Stasch, vice president of the human and community
development program at the MacArthur Foundation and a former
Chicago housing commissioner, are also being inducted this year for
their significant contributions to the industry.
All have worked to advance the cause of affordable housing.
This year's group will be inducted into the
Hall of Fame at a Nov. 5 luncheon concluding AHF Live: The 2010
Affordable Housing Developers' Summit at the
Fairmont Millennium Park in Chicago.