Episode 4: Building communities of opportunity through resident support services
Helping people sustain safe, affordable housing that they can utilize as a fundamental building block for health and economic well-being is key to closing opportunity gaps and eradicating generations of systemic racial disparity. Resident support services are an area of focus for the Housing Affordability Breakthrough Challenge because they help provide infrastructure for resident well-being and economic mobility, and they contribute to healthy communities. In this episode, judges and administrators of the Housing Affordability Breakthrough Challenge discuss problems and opportunities.
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.