Ivory Innovations Announces 2025 Ivory Prize Winners

Ivory Innovations, a nonprofit based at the University of Utah David Eccles School of Business, recently announced the winners of its 2025 Ivory Prize for Housing Affordability. The award recognizes organizations developing creative solutions to fight the housing crisis. Award recipients are recognized in three areas: construction/design, finance, and policy. Each recipient will receive $100,000 and ongoing support for their efforts.

This year’s winners are:

• Grounded Solutions Network, an Oakland-based nonprofit that uses private-sector tools to maintain and eventually sell affordable single-family rentals to underserved buyers.
• Florida’s Live Local Act, statewide legislation that promotes affordable housing through zoning changes, tax breaks, and funding for essential workers.
• Reframe Systems, an organization that helps increase housing production in Southern California and New England through its modular housing factories.

“We created Ivory Innovations to combat the widening housing affordability gap by recognizing and funding real-world solutions that are addressing this growing crisis,” said Clark Ivory, CEO of Ivory Homes and founder of Ivory Innovations. “The 2025 Ivory Prize winners are bringing to market visionary approaches that push the boundaries of what’s possible in making housing more affordable. Through collaborative policy reform, groundbreaking construction approaches and innovative financial solutions, these leaders are turning the tide on one of our country’s most pressing challenges—housing affordability.”