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Your Workforce Housing Efforts Deserve an Award

Housing America’s working families is one of the most serious challenges facing our nation today. Millions of working families find it almost impossible to purchase or rent a decent home in or near the communities where they work, and many are forced to look for housing 50 miles or more from their jobs. Unfortunately, in many markets the gap between those who can afford to buy a home and those who can’t is widening rapidly.

In response to this challenge, dedicated builders across the country are working hard to devise innovative solutions and build products that make homeownership affordable for nurses, police officers, schoolteachers, retail workers and other moderate-income families.

To recognize outstanding examples of workforce housing communities and encourage builders, developers and others in the housing industry to incorporate innovative solutions into their own projects, NAHB has created the Innovation in Workforce Housing Awards (IWHA).

These awards are open to builders, architects, designers, developers and land planners, and judging criteria will include exterior design, interior architecture, sales success, construction quality/cost efficiency, successful management of any impediments such as regulatory and/or financial challenges, and the level of cooperation among various stakeholders.

See how Countrywide’s Prime Rate OTC construction loan can offer more flexibility to qualified buyers.
Learn how our Home Equity Loan offers flexible payment options and the ability to reuse the funds.

Winning entries will be selected by a panel of builders, multifamily and land development experts and other industry professionals, and the winners will be announced at the 2005 International Builders’ Show in Orlando.

If you have a workforce housing project that you have been working on between Jan. 1, 2002 and Oct. 29, 2004, I urge you to enter this exciting new awards program. Not only is it an opportunity to be recognized for your innovative approach to workforce housing, it’s an opportunity to share your winning strategies with builders in other markets who are also committed to making housing more affordable.

For more information about the program, click here. Or e-mail Blake Smith at NAHB, or call him at 800-368-5242 x8583. And don’t wait too long. The application deadline is at the end of this month on Friday, Oct. 29.

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