The Wells Fargo Foundation is committing $20 million to elevate innovation and drive new ideas for the next generation of housing affordability solutions which address housing affordability across these areas:

  • Construction
  • Financing
  • Resident Services and Support

Enterprise was identified to lead the challenge through a highly competitive selection process.

Goals:

  • Identify, accelerate and scale promising ideas, models and approaches to solving housing affordability issues
  • Provide peer-to-peer learning and networking opportunities
  • Disseminate ideas and models that engage a wider audience of stakeholders in the search for housing affordability innovations

Timeline:

  • Grantees will be selected through a competitive RFP process which will be announced this fall.
  • Following the RFP process, we will host a pitch competition event to select six winners.

Additional information:

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