Enterprise Community Partners and Wells Fargo have named Washington-based nonprofit Forterra one of the six winners of the Housing Affordability Breakthrough Challenge, a nationwide competition that kicked off in January to find the most innovative and scalable solutions to increase housing affordability across the United States.
The six winning organizations will each receive $2 million in grants and two years of technical assistance valued at $500,000, facilitated by Enterprise, to realize their concepts.
Forterra has developed a modular cross-laminated timber prototype, Modular CLT, to re-engineer the affordable housing supply chain through modular building material.
According to Forterra, Modular CLT can create rural jobs and mitigate climate change if timber is harvested responsibly. Forterra stated that it is working in collaboration with Tacoma and Tukwila as well as rural towns such as Hamilton and Roslyn.
The Modular CLT coalition consists of communities of color, land trusts, timber technicians, and others.