Access to affordable housing in America continues to be a challenge for many people.
That’s why Fannie Mae launched the Sustainable Communities Innovation Challenge (The Challenge). This initiative is generating innovative ideas that will help us address the affordable housing crisis in America and further support our broad mission to create housing opportunities that are safe, sustainable, and affordable, while managing risk to protect lenders, homeowners, and taxpayers.
Specifically, The Challenge is a $10 million commitment by Fannie Mae to generate affordable housing solutions that will help Fannie Mae address the nation’s affordable housing issues by advancing sustainable communities–those providing residents integrated opportunities for employment, health and wellness, and education.
This is where you come in.
Great ideas to solve our nation’s housing needs can come from anywhere–including from those outside of the housing industry. Fannie Mae is committed to supporting innovative ideas through cross sector partnerships. When you accept The Challenge, you get the chance to help us turn innovation into action by helping Fannie Mae advance thriving communities and address our nation’s housing needs.
Together, through The Challenge, we can uncover and explore new ways to make a difference and have a positive impact on America’s housing.
Submit your innovative idea for The Challenge: Healthy Affordable Housing!
In underserved communities, affordable housing and health outcomes are inextricably linked, but are nearly always addressed separately. What if we instead reimagine quality affordable housing as the prescription for a healthy life and the future of sustainable communities across the nation?
Through The Challenge: Healthy Affordable Housing, Fannie Mae seeks ideas that respond to one or more of the following problem statements:
- How might we use innovative technology and design to improve affordable homes in order to better support health, promote overall wellness or prevent disease and illness?
- How might finance vehicles be leveraged to incentivize the creation of affordable homes that promote health and wellness?
- How might we foster design that promotes diverse, sustainable, multigenerational affordable communities in which all individuals can remain a vibrant part of their community through every stage of life?
If you’d like to help create healthier, sustainable communities, please register to submit your idea. The deadline to submit ideas is November 1, 2018 at 5:00 p.m. PT.
Phase 1 Contract Awardees
Our initial contract awardees, expert advisors and Fannie Mae leaders talk about The Challenge and Fannie Mae’s commitment to support innovative ideas that address affordable housing. Watch the video.
Meet our Expert Advisory Panel
Fannie Mae has engaged an Expert Advisory Panel to support The Challenge: Healthy Affordable Housing in identifying the most innovative and promising ideas and approaches. The Expert Advisory Panel comprises experts in affordable housing, health, and innovation, and represents the public, private, and nonprofit sectors.
- Dr. Kelly Kelleher, Nationwide Children’s Hospital
Meet the Expert Advisory Panel.