2C — October 21 - November 17, 2022 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
www.marej.com
O wners , D evelopers & M anagers Winning teams work coast to coast to create transformative change & equity through housing solutions National Building Museum exhibit explores new solutions to affordable housing challenges
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six winning teams from the Housing Affordability Break - through Challenge, a three- year, $20 million initiative launched in January 2020 by Wells Fargo Foundation and national nonprofit Enterprise Community Partners. The Challenge aims to close the economic gap in the available housing market by elevating and transforming housing af- fordability innovations into real solutions. “The need for more afford- able, accessible, and well- designed homes has never been greater, and that means
we need to invest in bold ideas that challenge the status quo,” said Eileen Fitzger- ald , head of Housing Afford - ability Philanthropy at Wells Fargo. “These six ventures are reshaping how we build, finance and support residents to ensure everyone has access to an affordable home where they can thrive.” The exhibition features the six housing innovators award- ed $2.5 million each to execute their solutions in three areas: housing construction, housing finance, and resident services and support. Designed by MASS Design Group - the firm recognized in the Nation - al Building Museum’s Justice is Beauty and Gun Violence Memorial exhibitions, the 1,500 s/f exhibition tells the stories of these breakthrough ideas, the organizations lead- ing them, and the people and communities they impact through building models and multimedia materials, includ- ing photography, illustrations and videography. “The Housing Affordabil - ity Breakthrough Challenge shows what is possible when dedicated community leaders with vision and experience have the resources and peer support to pursue and scale their ideas,” said Jacqueline Waggoner , president, Solu- tions Division, Enterprise Community Partners . “It is a privilege to lead the Challenge and support our six winning teams as they work coast to coast to cre - ate transformative change and equity through housing solutions. We are grateful to Wells Fargo for their gener- ous support of the challenge and honored to have this powerful story featured at the National Building Museum in collaboration with MASS Design Group.” “This exhibition provides an opportunity to share this in- novative and impactful work with our visitors,” said Aileen Fuchs, the Museum’s presi- dent and executive director. “Equity is one of our guiding Pillars of Impact and we are committed to amplifying work designed to illustrate the relationship between equity, social justice and the built environment and how design and construction can create opportunity and empower communities.” MAREJ
ASHINGTON, DC — The National Building Muse-
um opened a major new ex- hibition, A BETTER WAY HOME: The Housing Af- fordability Breakthrough Challenge on Friday, Oc- tober 21. The exhibition is part of Equity in the Built Environment, one of the Mu- seum’s signature series which includes public programs and workshops, focused on actions to promote justice in the built environment. A BETTER WAY HOME tells the dynamic story of the
Breakthrough Challenge winner Forterra propelled its Forest to Home innovation forward in 2021, completing the first all cross-laminated timber modular prototype in the United States at a local facility in Everett, Wash. The modules will be stacked up to 12 stories to create multifamily homes for 35% below the cost of conventional construction. CREDIT: Forterra
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