Utah’s largest homebuilder launched another national contest Wednesday seeking ideas for making housing more affordable, just as lawmakers are readying their latest strategies for tackling the problem.
Competition for the 2020 Ivory Prize for Housing Affordability got underway after its first iteration drew widespread interest. The contest offers a total of $200,000 in prizes for the best innovations aimed at bringing more housing within reach of Utahns earning average incomes.
The prize’s chief backer, Ivory Homes CEO Clark Ivory, has called the lack of affordable housing across the country “one of the defining issues of our time.