What is the application process?

The competitive application process launched on January 31, 2023, with a first-round Request for Proposals (RFP). Round 1 applications were due March 3, 2023. We announced our 42 Round 2 semi-finalists on May 9, 2023, and invited them to complete a second application. A team from Wells Fargo representing multiple lines of business reviewed Round 2 applications and selected our finalists, who were announced on August 16, 2023. Finalists will participate in a pitch event this fall where a panel of judges, judges featuring nationally recognized housing and community development experts, including leaders from Enterprise and Wells Fargo, will determine the winners of the 2023 Housing Affordability Breakthrough Challenge.