Episode 2: Constructing solutions for the housing affordability crisis
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.
The need for affordable, well-designed homes continues to exceed supply in the United States. Wells Fargo has launched the Housing Affordability Breakthrough Challenge in collaboration with Enterprise Community Partners to help close the affordable housing gap by elevating and transforming housing affordability innovations into real solutions. The Challenge will award six grants of more than $2 million each to innovators across the U.S. in the areas of construction, finance, and resident support services to bring their ideas to reality. In this special series, Wells Fargo brings together the Challenge’s judges and administrators — thought leaders from across the industry — to discuss the housing affordability quagmire, the priorities of the competition, and the areas of opportunity for innovation in creating impactful solutions.