2024 Ivory Prize Winners

And the winners are...

The 2024 Winners

Construction & Design Winner: Villa

Informing & Empowering Localized Reparations

Villa is a homebuilding platform that focuses on building prefab homes in “missing middle” infill locations. Villa uses an asset-light approach by partnering with factories to build homes based on Villa’s designs. With a focus on modern design, quality construction, and affordability, Villa is creating a scalable solution that can meet the need for more attainable housing production across America.

Finance Winner: Housing Opportunities Commission of Montgomery County: Housing Production Fund

Activating Publicly-Funded Housing

Created by the the Housing Opportunities Commission (HOC) of Montgomery County, the Housing Production Fund (HPF) is a $100 million revolving fund that provides low-cost construction financing for the development of publicly owned, mixed-income housing. The HPF is expected to produce as many as 2,000 new housing units in the county by the end of the decade, of which at least 30% will be affordable. Jurisdictions across the country are now exploring how they can adapt this model as explored in recent stories in Vox and the New York Times.

Policy & Regulatory Reform Co-Winner: The City of San Diego: ADU Bonus Program

Crafting the Next Generation of ADU Incentives

The City of San Diego has implemented an Accessory Dwelling Unit (ADU) Bonus Program that offers increased density for Affordable ADUs. This incentive has led to the construction of naturally affordable deed-restricted ADUs throughout the city.

Policy & Regulatory Reform Co-Winner: FirstRepair

Informing & Empowering Localized Reparations

FirstRepair has taken a local-to-national approach in the centuries-long movement for Black reparations. Nationwide, localities like Evanston, IL are prioritizing housing-related redress as a first tangible step to repair the legacies of slavery in the United States.