Blanco History

Founded in 1969 by visionary Carlos Nodarse, from humble beginnings, who came to Puerto Rico from Cuba in 1962, set out to develop and redefine the affordable housing industry as a way of giving back communities.

Taking advantage of the tax credits incentives available at the time and provided by the federal government, he partnered with investors, architects and contractors and developed numerous multifamily projects that continue to serve thousands of puertorican families today. With the goal of enriching the lives of low-income families by providing high quality, beautiful living environments, Nodarse’s developments stood out from the typical affordable housing architectural designs from that time.

Using curve designs, wide spaces….. each property has a unique form.

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Company History

Since 1975 our company has built these partnership structures to serve economically vulnerable communities while providing tax benefits to investors. This vision is now applied through Low Income Housing Tax Credits – a federal program where the allocation of tax credits serves as an instrument to make all these projects financially viable. From 2018 to 2023 Blanco has closed over 100 million dollars deals in affordable housing.

Since 2004 Blanco Enterprises has been presided by Enrique Nodarse. Continuing his father vision and legacy Nodarse’s focus sits on its people while delivering attractive risk-adjusted returns to its investors.

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Our Capabilities

With over 50 years of involvement in the Development and Property Management in Puerto Rico we are leaders in the industry. We are a team of 135 employees actively involved in different housing programs. Blanco provides a wealth of experience for our tenants and investors alike. We cater to each property from end-to-end.

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