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Solving the nation’s housing affordability crisis calls on us to do more than find new ways to accelerate production. We also need innovations that increase access and create the structural change necessary to achieve equity in communities across the nation.

 Meet the 2023 Winners 

Made possible by the leadership and support of the Wells Fargo Foundation, the Housing Affordability Breakthrough Challenge is a $20 million initiative to inspire, propel, and scale housing solutions. This is the second innovation challenge led by Enterprise and Wells Fargo.

With grants of $2 million to $3 million, two years of technical guidance, and the benefit of an engaged cohort, the winners will advance and expand the reach and impact of their housing innovations.

Our call for proposals sought innovations that prioritize racial equity and environmental sustainability. The winners compose a majority of BIPOC-led organizations, and their breakthrough ideas reflect the diversity of their communities – from a lending and education innovation created with and for Tribal homebuyers, to a high school preparing Black students for the construction trades and generational wealth via homeownership. All the innovations are designed to build a more just, accessible and sustainable housing system.

A man standing and speaking while lifting his arms
Through the Housing Affordability Breakthrough Challenge, we are intentionally lifting up solutions to serve communities that have experienced disinvestment and marginalization for far too long. And the winners truly combine expertise with the lived experiences of the communities we aim to serve.
Stacy Spann, Head of Housing Access and Affordability Philanthropy, Wells Fargo Foundation
Wooden model structure exhibit with the words A Better Way Home on the wall

An Exhibit Inspired by Housing Innovation

Our interactive exhibit, “A Better Way Home: The Housing Affordability Breakthrough Challenge,” at the National Building Museum in Washington, D.C., drew over 26,000 visitors during its 16-month run from October 2022 through January 2024.

Created by Mass Design Group, the exhibit featured the winners of the 2020 Breakthrough Challenge and the stories of their housing innovations through photography, diagrams, videos, and more. A review of the exhibit in Fast Company called each of the innovations “a replicable idea that can make more and better housing.”

A woman standing at a podium speaking
The Housing Affordability Breakthrough Challenge enables experts on the ground to multiply their impact nationwide. We are so excited to work with this second cohort of winners to bring their ideas to the next level.
Jacqueline Waggoner, President, Solutions Division, Enterprise
HABC The Power of Innovation Report cover



The Power of Innovation

Our inaugural cohort of Housing Affordability Breakthrough Challenge winners and their collective impact represent the future of our sector – and they are committed to making it more flexible, equitable and inclusive. They challenged us to do better and because of their example, we will.

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