The national housing shortage continues to make headlines. Estimates on the number of homes needed to close the gap run in the millions. But one thing is clear: we all need an affordable home to thrive.
In an effort to scale needed housing solutions, Enterprise and the Wells Fargo Foundation launched a new $20 million competition in January 2023. The Housing Affordability Breakthrough Challenge will identify and propel implementation-ready innovations that transform current practices and reimagine access to affordable homes.
Sixteen finalists advance to the third
and final round featuring a live pitch competition.
Eligible applicants are competing for individual grants of $1 million, $2 million and $3 million to scale ideas that lay the groundwork for system-wide change. Winners also will receive two years of technical assistance to turn their ideas into real-world programs.