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Los Alamos National Bank Chairman and CEO Bill Enloe has been awarded the 2009 NeighborWorks Business Leadership Award.
NeighborWorks America, a national nonprofit organization, recognizes an outstanding community volunteer from the private sector each year.
Enloe was chosen for this national honor in recognition of his contributions to affordable housing. He has been instrumental in enabling Homewise, a member of the NeighborWorks network, to provide second mortgages for clients to reduce the down payments required for affordable home purchases.
As a member of the Downtown Master Plan Committee and the Los Alamos Housing Authority Board, Enloe worked to establish goals and policies for affordable housing for teachers, police and other public servants in Los Alamos.
Most recently, he partnered with Homewise to develop a homebuyer program for LANB employees through Homewise’s employer-assisted housing campaign.
Enloe also has assisted in establishing the necessary bond and approving LANB loans for developers within a subdivision in Santa Fe.
“I am honored to have been nominated by Homewise for this award,” Enloe said in an interview. “Providing affordable housing can be a challenge in Northern New Mexico. Being part of the solution to help solve the issues related to affordable housing is very rewarding.”
In addition to supporting affordable housing opportunities in Los Alamos, Enloe is involved in initiatives to stimulate economic growth throughout New Mexico.
As former chairman of the New Mexico Economic Development Partnership, member of the ACI State Economic Development and member of the State Investment Council Advisory Committee, he has actively worked to develop and increase jobs in New Mexico, promote business-friendly legislation in the state, attract new businesses to the state and invest state funds in corporations that establish facilities within New Mexico.
Enloe also is firmly connected to the local community and the families LANB serves. In 2000, he placed a moratorium on mortgage payments until homes lost in the Cerro Grande fire were rebuilt and negotiated a similar moratorium with Fannie Mae.
“Through his volunteerism and demonstrated commitment to affordable homeownership opportunities and economic development, Bill Enloe has made significant contributions…,” said CEO Ken Wade of NeighborWorks America. “His efforts serve as an inspiration to others.”
LANB is one of the largest independent banks in New Mexico with assets of some $1.5 billion.
The bank was established in 1963 by a group of local investors and continues to be locally owned and operated by Trinity Capital Corporation (TCC). TCC provides banking, trust and investment services and title insurance services to Northern New Mexico and employs about 290 people in its offices in Los Alamos, White Rock and Santa Fe.
NeighborWorks America creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing.
Since 1991, the organization has assisted nearly 1.2 million low- to moderate-income families with their housing needs. Much of its success is achieved through support from the NeighborWorks network of more than 230 community development organizations working in more than 4,400 urban, suburban and rural communities in all 50 states, the District of Columbia and Puerto Rico.
In the last five years, NeighborWorks organizations have generated more than $15 billion in reinvestment in these communities.
NeighborWorks America is the nation’s leading trainer of community development and affordable housing professionals. For information, access www.nw.org.