Who wins the People’s Choice award? You choose!
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Author: Michael Parker
Title: Innovating Affordability: 2019 Ivory Prize for Housing Affordability Winners
Description: The Ivory Prize for Housing Affordability seeks to inspire creative solutions to local and national housing affordability challenges by supporting outstanding individuals and teams. The Ivory Prize is an annual award recognizing ambitious, feasible, and scalable solutions to housing affordability, reaching across policy, finance, design and construction. Through the prize process, we have learned that a key part of the prescription is innovation - one step at a time. By looking at the participants in the Ivory Prize, it is possible to get a vision of the innovation that is underway and to identify directions that are essential if we are to improve housing affordability. The video features the winner of the inaugural prize: Factory_OS, an innovative modular builder striving to deliver multifamily housing more than 40% faster and at 20% lower cost.; Landed, an equity share/down-payment assistance process that has helped nearly 150 public school teachers and employees purchase homes valued at $100 million; Home Partners of America’s Choice-Lease program which supports residents whose household income is at or below 100% area median income (AMI); The Alley Flat Initiative (TAFI) was recognized based on their innovative efforts to change the policy framework for Accessory Dwelling Units (ADUs).