A variety of entities are eligible for the Housing Affordability Breakthrough Challenge, including nonprofits, Tribal organizations and mission-driven for-profit entities.

Proposals must demonstrate how the innovation will be executed in at least one of 38 markets – 37 states and the District of Columbia – where Wells Fargo and Enterprise can provide additional resources and support toward implementing and scaling the winning innovations.

Through a three-round competition, winning innovations will be selected by a panel of judges, including leaders from Enterprise, Wells Fargo, and nationally recognized community development and housing experts.

The cohort of winners will be announced in fall 2023 and take part in a multi-year initiative to share ideas and cultivate their innovations into solutions that can be applied in communities across the U.S.

Competition Timeline