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Home is foundational. It’s where we plant roots, raise and care for our families, and build community bonds. Yet in every corner of the country, millions of people of all ages and backgrounds need a home they can afford.
Wells Fargo is meeting this moment with a powerful grant opportunity. Together with Enterprise, Wells Fargo has launched the third iteration of the Housing Affordability Breakthrough Challenge. The 2026 cycle of this housing innovation competition will identify and propel proven, ready-to-scale solutions that transform current practices and increase housing choice and access.
Round 1 is Complete: Round 2 is Underway
After a rigorous review process, 39 semifinalists have advanced to Round 2 of the competition.
Semifinalists are competing for five individual grants of $2 million to accelerate their innovation and drive meaningful, systems-level change in the housing and adjacent industries. Winners will also gain access to mentorship and coaching from industry leaders and experts and will join a powerful network of Breakthrough Challenge innovators.
The response to the 2026 challenge exceeded expectations. Organizations from across the country submitted 871 applications outlining market-ready housing innovations. Together, these applicants demonstrated the creativity, determination, and forward-looking solutions needed to address the nation's housing affordability crisis.
We congratulate the semifinalists and thank every organization that applied and shared its housing affordability vision and strategy.
