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Ivory Innovations Unveils Top 25 Finalists for 2024 Housing Affordability Prize


In a significant stride towards addressing the housing affordability crisis, Ivory Innovations, in collaboration with the University of Utah’s Ivory Boyer Real Estate Center, has announced the Top 25 Finalists for the 2024 Ivory Prize for Housing Affordability. These finalists represent a diverse array of innovative approaches poised to tackle the critical challenges of housing in the United States.
Abby Ivory, President of Ivory Innovations, emphasized the record participation in this year’s competition, noting the growing number of innovators dedicated to increasing housing affordability. “We are passionate about increasing the impact and scale of new ideas with the potential to improve the housing ecosystem,” she stated. The finalists, now part of Ivory Innovations’ network of innovators, gain access to valuable resources, including student internships and pro bono consulting services.

Innovative Approaches Across Sectors


The finalists’ projects span three key categories: Construction & Design, Finance, and Policy & Regulatory Reform.
  • Construction & Design: Companies like Apis Cor, known for mobile 3D printing solutions, and Villa, focusing on prefab homes, are at the forefront of revolutionizing housing design and construction technology.
  • Finance: Organizations such as Foyer provide financial pathways for first-time homebuyers, while Home Lending Pal utilizes AI to streamline mortgage assistance program eligibility.
  • Policy & Regulatory Reform: Pioneering projects from municipal and community organizations, such as the City of Detroit’s Land Value Tax Plan, bring innovative changes to policy landscapes to enhance housing access and affordability.

The Ivory Prize, operational since 2018, is renowned for spotlighting transformative and sustainable solutions aimed at reshaping the landscape of housing affordability. This year’s finalists join a comprehensive overview of more than 500 promising housing organizations across the country, as documented in the Ivory Innovations Housing Innovation Database.

Looking Forward


The announcement of the 2024 Top 10 Ivory Prize Finalists is slated for April, with the final winners to be revealed on May 16. For more information on these innovative solutions and to follow the upcoming announcements, visit Ivory Innovations.

More Articles

Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!

Free Annual Florida Real Estate Sales Associate 63-Hour Pre-License Course Livestream: A Gateway to Your Real Estate Career

Cameron Academy is thrilled to offer the Free Annual Florida Real Estate Sales Associate 63-Hour Pre-License Course Livestream. This exclusive event is an opportunity for aspiring real estate professionals to gain expert instruction, access a comprehensive curriculum, and connect with a network of professionals in the industry. The course will be livestreamed from December 04-15, 2023, allowing you to participate from the comfort of your own home or office. Register now to secure your spot in this highly sought-after course. Spaces are limited, so early registration is highly recommended. Take the first step towards your real estate career today!

By |October 19, 2023|Categories: Online Real Estate Education|Tags: |0 Comments
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New President of Franchise Operations Welcomed at Coldwell Banker

Coldwell Banker, a renowned real estate brand, has recently appointed Jason Waugh as the new president of Coldwell Banker Affiliates. In his new role, Waugh will be responsible for overseeing the brand's strategy, operations, and sales for its growing network of franchises. This appointment comes as Coldwell Banker aims to further strengthen its position in the real estate market. With an impressive background in the industry, Waugh brings a wealth of experience to his new position. Previously associated with Berkshire Hathaway HomeServices and Berkshire Hathaway Home Services Real Estate Professionals for 18 years, Waugh's expertise and leadership qualities make him an ideal fit for this role.

By |October 14, 2023|Categories: Real Estate Franchise Operations|Tags: |0 Comments
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2024 Conforming Loan Limits Raised by UWM: Insights for Homebuyers and the Housing Market

United Wholesale Mortgage (UWM), the country's leading lender, has increased its agency conforming loan limits to $750,000. This move, ahead of the Federal Housing Finance Agency's expected decision, applies to conventional and VA loans locked from October 11. The decision offers borrowers greater flexibility and access to larger loan amounts, with the benefits of conforming loans. These loans meet the guidelines set by government-sponsored enterprises like Fannie Mae and Freddie Mac, offering lower interest rates and more favorable terms compared to non-conforming or jumbo loans.

By |October 14, 2023|Categories: Mortgage Industry|Tags: |0 Comments
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Cost-Cutting Strategy at PNC Bank Leads to Staff Layoffs

PNC Bank has implemented a cost-cutting strategy, leading to layoffs and a shift in focus towards expense management and strategic priorities. The bank aims to streamline operations, improve efficiency, and reallocate resources to align with long-term goals. Despite the layoffs, PNC Bank is committed to supporting affected employees during the transition period. Learn more about PNC Bank's strategy and its impact on the industry at Cameron Academy, a leading career education school.

By |October 13, 2023|Categories: Banking Industry|Tags: |0 Comments
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GSE Loan Buybacks’ Effect on Lenders and the Mortgage Market

Government-sponsored enterprise (GSE) loan buybacks have emerged as a significant issue for lenders in the mortgage market. The sudden increase in buybacks from entities like Fannie Mae and Freddie Mac is causing financial and operational strain among lenders. The rise in loan buybacks is largely due to stricter underwriting guidelines enforced by these GSEs. The impact of these buybacks is significant and far-reaching. Lenders not only face financial losses from repurchasing loans, but they also encounter operational challenges. The surge in loan buybacks has created uncertainty in the mortgage market, potentially slowing down the housing market. In response to the challenges posed by loan buybacks, lenders are implementing stricter underwriting practices and enhancing their quality control processes.

By |October 13, 2023|Categories: Mortgage Market|Tags: |0 Comments
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An Unexpected Slowdown in Housing Inventory Growth Amid Rising Mortgage Rates

The housing market is currently witnessing an unusual trend - a deceleration in the growth of housing inventory, despite the rise in mortgage rates. This unexpected development has triggered concerns among potential buyers and industry experts. With mortgage rates climbing from their historic lows, the number of homes available for sale remains surprisingly stagnant. We investigate the factors contributing to this unexpected stagnation in inventory growth and examine the implications of rising mortgage rates, limited new listings, and an increase in price cuts. We also consider the impact of external elements such as labor reports and geopolitical risks on the housing market.

By |October 13, 2023|Categories: Real Estate Market Trends|Tags: |0 Comments
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Ivory innovations announces 2024 housing affordability prize finalists 2026

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