2026 Housing Affordability Breakthrough Challenge – Grant Applications due May 15

Wells Fargo has launched a nationwide challenge to uncover scalable, innovative housing solutions designed to increase housing access and choice.

Managed by Enterprise, the 2026 Housing Affordability Breakthrough Challenge will award $10 million in grants across five organizations, along with technical assistance, one-on-one industry mentorship, and participation in national peer learning.

This third cycle of the Housing Affordability Breakthrough Challenge will consider applicants proposing solutions across three categories: Design and Construction, Finance, and Service and Delivery Programs.

While there is no predetermined number of winners per focus area, applicants must demonstrate existing results, an evidence base for their proposals, and a strategy to scale their innovations. Five winning organizations each will be awarded $2 million in grants.

Important Dates

• Round 1 applications are due May 15, 2026 (11:59 p.m. ET)
• Semi-finalists invited to move to Round 2 will be notified this summer
• Register for our informational webinar on April 7 or April 15 to learn more about the Breakthrough Challenge and how to submit a competitive application

How to Apply

• Learn more about the Housing Affordability Breakthrough Challenge and the Round 1 application
• Review the grant application document
• Applications must be submitted through SlideRoom by May 15, 2026

Questions about this grant opportunity? Send an email to [email protected].