Wells Fargo Foundation is expanding its commitment to housing affordability through a $20 million competition with Enterprise Community Partners to find housing solutions. The Housing Affordability Breakthrough Challenge will focus on Financing, Construction, and Access and Resident Support. Innovators from Maryland are invited to compete for grants of up to $3 million and two years of technical assistance to transform ideas into solutions that can be replicated in the real-world. Applications opened on Jan. 31, 2023, and submissions will be accepted until Friday, March 3, 2023. You an apply here: https://www.enterprisecommunity.org/housing-affordability-breakthrough-challenge/round-1
Recent research shows that millions of U.S. households are unable to find an affordable home, and nearly 7 million homes are needed for renters with extremely low incomes to attain housing stability in urban.