Helping Our Customers Succeed
A coalition on a mission to eliminate persistent poverty in the U.S.
Wells Fargo Foundation donates $1.8 million to support housing initiatives led by six CDFIs in the country’s poorest communities.
Viewpoints: For the 63 million unbanked and underbanked people in the U.S., the cost of living in the financial shadows is tremendous and further compounded by the COVID-19 pandemic, writes José A. Quiñonez, founder of Mission Asset Fund.
The crisis of housing affordability in the United States is much more than a problem of demand exceeding supply. The Housing Affordability Breakthrough Challenge will help close the affordable housing gap by elevating and transforming housing affordability innovations into real solutions. Judges who are experts in the industry will choose top competitors who bring standout affordable housing innovations promising new ways to meet the urgent need for affordable housing in communities across the United States.
Without financing, good ideas to address housing affordability often never get off the ground. Because of a number of complexities, it can sometimes be more expensive to build affordable housing than it is to build market rate properties. In this episode, judges and administrators of the Housing Affordability Breakthrough Challenge discuss problems and opportunities associated with financing.
With land scarcity, zoning challenges, and ever increasing costs, the building of new affordable housing is a complex undertaking. In this episode, judges and administrators of the Housing Affordability Breakthrough Challenge discuss the complexities and opportunities present in the construction of safe, clean, affordable housing, as well as the potential of green building as a factor in affordability solutions.