Winners of Nationwide Housing Affordability Breakthrough Challenge Named
Six housing innovators receive a total of
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Through the Housing Affordability Breakthrough Challenge, a nationwide competition that began in
“Housing affordability is directly tied to racial equity, and both are urgent issues fundamentally impacting every community in our country. That is what makes the Breakthrough Challenge so important right now,” said
With three focus areas — housing construction, housing finance, and resident services and support — the competition drew close to 900 applications from 49 states,
“Too often good ideas are overlooked because they need expertise and resources to bring them to scale,” said
The Housing Affordability Breakthrough Challenge is part of Wells Fargo’s
The six organizations that will receive
cdcb | come dream. come build.
Texas): MiCASiTA is a unique off-the-shelf environmentally sustainable, disaster-resilient modular homeownership innovation designed for rural families across South Texasand more communities struggling with persistent poverty throughout the United States. Reimagining affordable housing delivery, MiCASiTA marks a departure from a one-size-fits-all model to a system that empowers people of color with modest incomes to choose and design their own homes to advance wealth-building, protect the environment and strengthen vulnerable neighborhoods.
Washington): Prototyping Modular Cross-Laminated Timber toRe-engineer the Affordable Housing Supply Chain brings together tribes, communities of color, forest conservationists, architects and more to replace conventional construction technologies that rely on stick framing, concrete and steel with a modular cross-laminated timber prototype. Propelled by community engagement, the new building system promotes responsibly harvested forests, promising to radically lower the cost of construction, create needed rural jobs, and mitigate the dangers of climate change.
Center for NYC Neighborhoods( New York):Underwriting for Goodaims to rewrite who gets to be a homeowner in the U.S.by dramatically increasing the amount of credit flowing to families of color with modest means. Harnessing the power of financial technology (fintech), the tool will affirmatively address racial inequity and reduce the racial wealth gap through at-scale, nondiscriminatory lending and the creation of a new automated underwriting system with the potential to secure an equitable recovery from COVID-19. When brought to scale, the tool will enable access to credit for hundreds of thousands, if not millions, of borrowers of color who will gain the opportunity to build wealth through homeownership.
Gulf Coast Housing Partnership( Alabama, Louisiana, Mississippi):Health + Housing seeks to create groundbreaking value propositions for residents as well as health care payors by demonstrating the benefits of investing in affordable housing at scale. The model aims to promote agency and equity among residents in a region where communities of color have faced historic barriers to health care, by anchoring communities with access to healthy, affordable homes linked with culturally competent preventative health care services.
Resident Services and Support
California): The Homecoming Projectrevolutionizes reentry housing by pairing individuals returning from prison with people who have a room available in their home to live as part of a family and neighborhood, while receiving individualized support and services to help regain their dignity and rebuild their new lives. Inspired by Airbnband the sharing economy, the program aims to reduce homelessness among formerly incarcerated people, increase the quality and availability of affordable housing, and strengthen the financial stability of homeowners at risk of being forced out of their neighborhoods by gentrification and other economic forces.
Preservation of Affordable Housing( Ohio, Massachusetts, Missouri):Designing Trauma-Resilient Communities reimagines affordable housing through the lens of trauma-informed care and its core principles: safety, trust, choice, collaboration and empowerment. The innovation aims to move the industry from a compliance mindset to a resilient-communities approach, centered on the premise that affordable housing exists to serve residents. It envisions a more equitable model for affordable housing that reduces evictions; improves resident and staff retention; promotes health through physical design; and leads to helping residents gain the resiliency to pursue and realize their hopes and goals.
For more information on the competition, as well as the finalists and their winning proposals, visit the Housing Affordability Breakthrough Challenge website.
Enterprise is a proven and powerful nonprofit that improves communities and people’s lives by making well-designed homes affordable and connected to opportunity. As a social enterprise, we bring together the nationwide know-how, policy leadership, partners, donors and investors to multiply the impact of local affordable housing development. Over more than 35 years, Enterprise has created 662,000 homes, invested more than
Group Gordon on behalf of
Group Gordon on behalf of Enterprise Community Partners