Through the Sustainable Communities Innovation Challenge, Fannie Mae has awarded over $7 million since 2018 to support innovative projects that are tackling the challenges of affordable housing from different angles. Are you the next awardee?
Download the full Call for IdeasHow will you address the insufficient supply of quality affordable housing options by creating, preserving or increasing the availability of affordable homes to purchase or rent in sustainable communities for very low-, low-, and moderate-income borrowers and renters? Potential solutions may include but are not limited to:
How will you address insufficient funds for security deposits, down payments, closing costs, and reserves for unexpected costs related to renting or purchasing a home? Potential solutions may include but are not limited to:
How will you address the obstacles faced by many households, including Black households, of lower credit scores and credit invisibility? Potential solutions may include but are not limited to:
A recording will be posted on this website or read the Frequently Asked Questions about IC22.