ity ▁and ▁community ▁service ▁and ▁to ▁honor ▁his ▁memory . ▁The ▁E PC F ▁is ▁over seen ▁by ▁Lisa ▁Marie ▁Pres ley , ▁chair person , ▁and ▁the ▁management ▁team ▁of ▁G rac eland / El vis ▁Pres ley ▁Enter pr ises , ▁Inc . ▁In ▁ 2 0 0 1 , ▁Pres ley ▁Place ▁opened ▁to ▁its ▁first ▁residents . ▁Pres ley ▁Place ▁provides ▁hom eless ▁families ▁up ▁to ▁one ▁year ▁of ▁rent - free ▁housing , ▁child ▁day ▁care , ▁career ▁and ▁financial ▁coun sel ing , ▁family ▁management ▁guidance ▁and ▁other ▁tools ▁to ▁help ▁them ▁break ▁the ▁cycle ▁of ▁pover ty ▁and ▁reg ain ▁self - este em ▁and ▁independence . ▁Also ▁fund ed ▁by ▁the ▁E PC F ▁is ▁the ▁El vis ▁Pres ley ▁Music ▁Room , ▁where ▁the ▁young sters ▁of ▁Pres ley ▁Place ▁and ▁others ▁may ▁enjoy ▁access ▁to ▁musical ▁instruments ▁and ▁instruction ▁and ▁particip ate ▁in ▁special ▁related ▁programs . ▁The ▁E PC F ▁created ▁the ▁El vis ▁Pres ley ▁End owed ▁Sch olar ship ▁Fund ▁at ▁the ▁College ▁of ▁Communic ation ▁& ▁Fine ▁Arts ▁at ▁the ▁University ▁of ▁M emph is ▁to ▁assist ▁students ▁major ing ▁in ▁areas ▁of ▁the ▁arts . ▁" All ▁of ▁us ▁with ▁the ▁E PC F ▁and ▁El vis ▁Pres ley ▁Enter pr ises ▁are ▁extremely ▁proud ▁of ▁this ▁amaz ing ▁facility ," ▁stated ▁Pres ley . ▁" The ▁work ▁that ▁M I FA ▁( the ▁M emph is - based ▁Metropolitan ▁Inter - Fa ith ▁Association ) ▁does ▁truly