The Sustainable Communities Initiative
Our Sustainable Communities Initiative forges partnerships in sectors adjacent to housing, such as employment, education, and health, to explore innovative ways to support affordable housing for families of low to moderate incomes. We define sustainable communities as those offering affordable housing and integrated access to well-paying jobs, high-performing schools, and health and wellness services.
Fannie Mae recognizes that the story of housing in America includes a history of systemic racism and the lack of affordable housing disproportionately affects people of color and poses an obstacle to their advancement and general well-being. We are committed to doing all that we can to support a housing finance system that is free of racism, including partnering with organizations that reflect and serve communities of color.
Read about our Sustainable Communities Innovation Challenge 2022, including the five contract awardees and their innovative solutions.
Tiny homes, tremendous impact
Our partner, HRDC, provides stable housing and a range of support services for formerly unhoused residents of Bozeman, MTLearn more
Good health starts at home
Our Innovation Challenge awardee Children’s National Hospital in Washington, DC is using virtual home visits to identify ― and fix ― substandard housing conditions that trigger asthma in childrenLearn more
Taking homebuying dreams off hold
Latino communities in Rio Grande Valley, TX, were hit disproportionately hard by the COVID-19 pandemic. Despite challenges, our Innovation Challenge partner Come Dream, Come Build continues to help families become homeownersLearn more
From high schooler to homeowner
Build UP equips Birmingham students to revitalize their communities and increase affordable housing supplyLearn more
Why sustainable communities matter
When families live in stable homes in a sustainable community, they have greater opportunities to prosper in all aspects of life and are more resilient to life’s shocks and stressors. Yet housing in stable, thriving communities is often out of reach for people of modest incomes.
That’s why the Sustainable Communities Initiative is collaborating across sectors to address this growing problem and find innovative solutions that improve resident outcomes. When we do, not only will we help create a stronger U.S. housing market, but millions more homeowners and renters will be able to access housing in sustainable communities — affordably and equitably.
Partnerships, solutions and positive impact
Through the Sustainable Communities Initiative, Fannie Mae has supported innovative projects with 18 organizations that are tackling the challenges of affordable housing from different angles.
Explore our collaborative projects
Click the links below to learn more about our previous Innovation Challenge awardees and their innovative projects. You can watch videos and learn about the exciting impact of projects in key areas.
Expanded counseling program facilitates sustainable homeownership in low-income communitiesCome Dream. Come Build.
Telemedicine visits identify likely indoor triggers of childhood asthmaChildren’s National Health Systems
High school program develops skills in green construction and geospatial technologyGuilford County Schools
Housing and education sectors partner to increase affordable housing and early learning opportunitiesGuadalupe Neighborhood Development Corp.
Housing and health sector partnership funds affordable housing developmentLocal Initiatives Support Corporation
Affordable housing property offers on-site workforce development opportunitiesNationwide Children’s Hospital
Vacant commercial properties transformed into affordable living and workspacesFlorida Housing Coalition