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Contact: Izzy Woodruff | [email protected]
Grounded Solutions’ Homes for the Future Initiative Named a 2025 Ivory Prize Top 25 Finalist
Finalists for the 2025 Ivory Prize for Housing Affordability Announced
Washington, D.C.—Today, Ivory Innovations announced the Top 25 Finalists for the 2025 Ivory Prize for Housing Affordability. The Ivory Prize is an award recognizing ambitious and feasible solutions to housing affordability. It is designed to award innovators for their efforts and provide material support to advance their work. With this announcement, Grounded Solutions Network joins 147 others in Ivory Innovations’ network of innovators dedicated to advancing housing affordability.
The Ivory Prize is one of the longest-standing and most prestigious awards of its kind in the United States, culminating in $300,000 of grants to winners in three categories: Construction & Design, Finance, and Policy & Regulatory Reform.
“Grounded Solutions Network: Homes for the Future (HFTF) has pioneered an innovative shared equity model that enables both wealth creation for homeowners while also maintaining affordable prices for future buyers. The creativity and scalability of this solution makes the Homes for the Future initiative an excellent selection for the 2025 Ivory Prize finalist cohort.” – Chad Reed, Director of Programs and Growth at Ivory Innovations
Launched in 2024, HFTF supports the direct acquisition of single-family homes for placement in shared equity homeownership portfolios. The initiative’s goal is to reduce shared equity organizations’ reliance on public subsidy for home acquisition and rehabilitation and, in turn, create more homeownership and wealth-building opportunities for communities throughout the country.
As a finalist for the Ivory Prize, Grounded Solutions Network unlocks access to Ivory’s network of innovators, capital partners, and capacity builders. Finalists also receive in-kind support such as sponsored student interns and pro bono consulting services. Finalists for the Ivory Prize for Housing Affordability are selected by the Ivory Innovations’ Advisory Board, which is composed of the top minds in housing across the U.S.
Here are the 2025 Ivory Prize Top 25 Finalists (listed by category and alphabetical order):
The Top 25 list for 2025 is as follows:
Construction & Design Finalists
Finance Finalists
Policy & Regulatory Reform Finalists
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Founded in 2016 through a merger of the National Community Land Trust Network and Cornerstone Partnership, Grounded Solutions Network is the nation’s premier nonprofit leader for lasting affordability, focused on cultivating equitable and inclusive communities across the United States by advancing affordable housing solutions that last for generations.
Ivory Innovations is dedicated to catalyzing innovative solutions in housing affordability. We work with students, entrepreneurs, and experts to source, support, and scale the most compelling housing solutions through the Ivory Prize for Housing Affordability and Hack-A-House. In Utah, we put innovation into practice through our development of hundreds of affordable housing units each year. For more information about the Ivory Prize and Ivory Innovations, visit www.ivoryinnovations.org.
