Housing Affordability Breakthrough Challenge – Mar 3

Posted by Wells Fargo Foundation on February 7, 2023

Wells Fargo Foundation, Enterprise invites applications for Housing Affordability Breakthrough Challenge

The Wells Fargo Foundation, with Enterprise Community Partners (Enterprise), has announced the second Housing Affordability Breakthrough Challenge.

Through the program, innovators are invited to apply for grants of up to $3 million and two years of technical assistance to scale solutions to housing challenges in three categories: financing, construction, and access and resident support. The 2023 Housing Affordability Breakthrough Challenge will consider Native, rural, suburban, Tribal, and urban solutions that can transform current practices and processes and lay the groundwork for increased housing affordability, access, and stability.

A variety of entities are eligible to apply, including nonprofits, Tribal organizations, and mission-driven for-profit entities in 38 markets where Wells Fargo and Enterprise can provide additional infrastructure to support implementation and help scale the winning innovations: Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Washington D.C., Wisconsin, and Wyoming.

For complete program guidelines and application instructions, see the Wells Fargo Foundation website.

Deadline: March 3, 2023