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 open competition 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.
The Challenge: Healthy Affordable Housing
Meet the Contract Awardees
Fannie Mae announced five contract awardees for The Challenge: Healthy Affordable Housing!
The selected ideas focus on:
- Creating vertical greenhouses that provide fresh produce and community wellness in urban areas
- Building trauma-informed tiny homes to prevent chronic homelessness
- Integrating telehealth tools in seniors’ homes
- Integrating healthcare sector investments into affordable housing
- Offering telemedicine visits to prevent childhood asthma
Using ADUs to help
Watch the video to see how West Denver Renaissance Collaborative’s ADU program is helping long–term homeowners remain in their communities.
The Challenge: Phase Three
The idea submission window for this phase has closed. Thank you for the enthusiastic response to our Call for Ideas. We are currently reviewing proposals, and will be in touch with applicants soon. Please stay tuned for updates on The Challenge and learn more about the Sustainable Communities Partnership and Innovation Initiative.