The Innovation Challenge Phase 1

Meet the Phase 1 Contract Awardees

Fannie Mae congratulates the contract awardees for Phase 1 of The Innovation Challenge!

The selected proposals came from Florida, Ohio, and Colorado with ideas focused on the expansion of affordable housing development and onsite healthcare workforce training, accessory dwelling unit (ADU) development as an affordable housing option for residents in gentrifying neighborhoods, and transforming vacant commercial property into entrepreneurial co–housing in low–income communities.

Take a closer look and meet the contract awardees:

Recognition Spotlight

We received hundreds of proposals for Phase 1 of The Innovation Challenge, making the selection of our contract awardees a difficult one. In addition to our three contract awardees, there were two proposals we wanted to highlight for our Recognition Spotlight. Although Recognition Spotlights do not receive contract awards, we commend these proposals for their unique, innovative nature–two key qualities we look for as we source ways to address affordable housing.

Take a closer look:

The Innovation Challenge Phase 1