Housing Affordability Breakthrough Challenge award winners announced

Housing Affordability Breakthrough Challenge award winners announced

Enterprise Community Partners and Wells Fargo have announced the winners of the Housing Affordability Breakthrough Challenge.

Launched in January 2020, the nationwide competition sought to identify innovative, scalable ideas for increasing the availability of affordable housing across the country. Selected from nearly nine hundred applicants, the six winners will each receive $2 million, as well as two years of technical assistance valued at $500,000.

The winners in the Housing Construction category are cdcb | come dream. come build. for its MiCASiTA project, a unique, environmentally sustainable, disaster-resilient modular homeownership innovation, and Forterra NW, whose new building system replaces conventional construction technologies with a modular cross-laminated timber prototype designed to promote responsibly harvested forests. The winners in the Housing Finance category include the Center for NYC Neighborhoods, which has launched an effort to increase the amount of credit available to families of color with modest means, and the New Orleans-based Gulf Coast Housing Partnership, whose affordable housing model promotes agency and equity among residents in a region where communities of color have faced historic barriers to health care. And the winners in Resident Services and Support category include Impact Justice, whose Homecoming Project pairs individuals returning from prison with people who have a room available in their home and provides them with individualized support and services to help regain their dignity and rebuild their new live, and Preservation of Affordable Housing, whose Designing Trauma-Resilient Communities reimagines affordable housing through the lens of trauma-informed care.

"We believe having a safe, healthy, and affordable place to call home is essential to help lay the foundation for wellness, dignity, and economic opportunity, but far too many people struggle with housing instability," said Wells Fargo Foundation president Nate Hurst. "We are delighted to have joined Enterprise Community Partners to engage creative innovators with know-how, technical skill, and imagination, who are now awarded catalytic funding to transform their housing affordability ideas into real solutions on the ground."

(Photo credit: Hispanolistic/Gettyimages)

"Winners of nationwide Housing Affordability Breakthrough Challenge named." Enterprise Community Partners and Wells Fargo press release 09/22/2020.