Make Housing Right

We take our homes for granted. And yet, housing remains a very real problem for over one billion people worldwide. And it’s only going to get worse. The Bosa Properties Affordable Housing XPRIZE is the first step to solving this problem. The time to act is now.

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Sponsored by BOSA PROPERTIES with LEONARD BRODY

HOUSING IS A ONE OF OUR MOST BASIC HUMAN NEEDS

We are in a housing catastrophe that is growing exponentially, already today 1 in 3 North Americans and Europeans lack sufficient affordable housing, and by 2030 over 40% of the world’s population will lack this basic necessity. The Bosa Properties Affordable Housing XPRIZE seeks to spark exponential leaps in construction technologies – ultimately decreasing both the time and cost it takes to make housing available. And this is only the first step, see below he we propose tackling all the key drivers in the housing crisis.

The Market Failures

The construction industry has not seen a major breakthrough in almost 200 years. By incentivizing innovation in the construction sphere, we will revolutionize the industry.

The Financial barriers to entry for testing and introducing new materials and construction processes, prevent innovators entering this sphere.

Stagnant innovation sphere

By seeking bold and audacious solutions that highlight and target the construction industry, the Bosa Properties Affordable Housing XPRIZE will encourage the development of new technologies, innovations, and smart solutions that make affordable housing a profitable venture for the private sector – without solely relying on government subsidies.

Financial barriers to entry

We are working on partnerships with testing facilities to this barrier, more announcements soon to come.

We recognize that a focus on construction is only the first step. Our Housing Roadmap plans to address each of the other market failures contributing to the Affordable Housing Crisis –regulatory support, financial modelling, infrastructure deficiencies, and more.

The Bosa Properties Affordable Housing XPRIZE

Why XPRIZE?

XPRIZE – a non-profit, is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. By utilizing a unique combination of gamification, crowdsourcing, incentive prize theory, and exponential technologies as a formula to make 10x (vs. 10%) impact in the grand challenge domains facing our world. XPRIZE is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. The organization strives to push the boundaries of human potential by utilizing a unique combination of gamification, crowdsourcing, incentive prize theory, and exponential technologies. Find out more about XPRIZE.

Our XPRIZE

Our XPRIZE will spark the innovations necessary to radically reduce the costs of construction and increase the speed of production. Following a set of criteria, our challenge will require teams to build for one third the cost, in one fifth the time of similar, conventionally built buildings. These criteria serve not only as an effective way of measuring and objectively judging prize submissions, but they also provide a standard for addressing the market failures of the construction industry.

Our Housing Roadmap

Our XPRIZE is only the first step to solving this global housing crisis. In order to address the many other market failures that exist, we have created a Housing Roadmap to address each of the mechanisms of the housing crisis. Each prize is intended to build upon the work and innovations of the previous prize(s), allowing construction innovation to not only continue progressing but also be tailored to the market-specific characteristics of various nations and regions.

We believe that this platform will offer the greatest potential to solve this problem on a global scale.

The Bosa Properties Affordable Housing XPRIZE

Why XPRIZE?

XPRIZE – a non-profit, is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. By utilizing a unique combination of gamification, crowdsourcing, incentive prize theory, and exponential technologies as a formula to make 10x (vs. 10%) impact in the grand challenge domains facing our world. XPRIZE is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. The organization strives to push the boundaries of human potential by utilizing a unique combination of gamification, crowdsourcing, incentive prize theory, and exponential technologies. Find out more about XPRIZE.

Our XPRIZE

Our XPRIZE will spark the innovations necessary to radically reduce the costs of construction and increase the speed of production. Following a set of criteria, our challenge will require teams to build for one third the cost, in one fifth the time of similar, conventionally built buildings. These criteria serve not only as an effective way of measuring and objectively judging prize submissions, but they also provide a standard for addressing the market failures of the construction industry.

Our Housing Roadmap

Our XPRIZE is only the first step to solving this global housing crisis. In order to address the many other market failures that exist, we have created a Housing Roadmap to address each of the mechanisms of the housing crisis. Each prize is intended to build upon the work and innovations of the previous prize(s), allowing construction innovation to not only continue progressing but also be tailored to the market-specific characteristics of various nations and regions.

We believe that this platform will offer the greatest potential to solve this problem on a global scale.

We need your voice

Voice your support to ensure that The Bosa Properties Affordable Housing XPRIZE becomes the world’s next XPRIZE. Together we can create a direct, audacious, and immediate impact and solve this housing crisis on a global scale.

Become a part of the solution to the housing
affordability crisis.

Prize Sponsor

 

Bosa Properties is one of Canada’s most respected privately-owned companies, with over five decades of experience in development, contracting, and asset-management. With an uncompromising commitment to quality construction and innovative design, the wholly-integrated, family-run company boasts an extensive portfolio of residential, commercial, industrial and mixed-use urban properties.

Working alongside Leonard Brody, award-winning entrepreneur, venture capitalist, best-selling author, and media visionary – Bosa Properties is constantly looking for ways to innovate and evolve the housing industry from the ground up. The Bosa Brody Partnership is sponsoring this XPRIZE chose to sponsor XPRIZE because they see it as the best-in-class solution to help solve one of the most monumental problems of our time. By leveraging the power of crowdsourcing, the partnership is confident that the XPRIZE platform will help provide a solution and an answer to our world’s affordable housing crisis.

Find out more about BOSA PROPERTIES.

Team

Yaron Schwarcz

Bold Innovator

Roopa Dandamudi

SPOCK

Marielle Larson

XPRIZE Fellow

Leticia Prados

Prize Developer

Locher Grove

Prize Developer

Vivian Ho

XPRIZE Fellow

Matan Berkowitz

Creative Director

Tal Harel

Architect

Yoel Feldman

Digital Media

Frequently Asked Questions

What are the qualifications for XPRIZE?

The prize make-up consists of a concept design with specific criteria. An XPRIZE must be audacious, yet have an achievable goal that will drive investment to create, transform, and revitalize an industry with long-lasting benefits. Our challenge will require teams to build for one third the cost, in one fifth the time of similar, conventionally built buildings. Most importantly, the prize must adhere to the XPRIZE Foundation’s Massive Transformative Purpose – building a bridge of abundance to all and providing proof that the world’s seemingly impossible problems can be solved.

How can the Bosa Properties Affordable Housing XPRIZE address such a great challenge in a limited time period?

Due to the great scale of the housing affordability crisis, The Affordable Housing Visioneers Team has developed a long-term XPRIZE Housing Roadmap that seeks to address the various mechanisms of the housing crisis – construction, finance, zoning, infrastructure, etc. While this first Affordable Housing XPRIZE will spark innovations in the construction industry, subsequent XPRIZEs will then tackle the other key issues that plague housing.

How can I help Bosa Properties Affordable Housing XPRIZE become the next XPRIZE?

To sway opinion in our favor, we need as much community support from organizations, municipalities, and individuals as possible.

Who decides which concept wins?

Selection occurs at the XPRIZE Visioneers Summit that runs from September 29th – October 1st, 2016. There, over 200 of the world’s premier thinkers, innovators, and entrepreneurs will gather to evaluate and critique the nine Visioneers teams’ XPRIZE designs. Collectively, this community will ultimately determine which concept(s) will be selected as the next global XPRIZE competition.

Construction and housing regulations often constrain the level of innovation achievable in the affordable housing industry. How will the Bosa Properties Affordable Housing XPRIZE involve the public sector to spur positive change?

We are seeking partnerships with major municipalities throughout the U.S., Canada, and Europe. These strategic public partnerships highlight a key element of this prize – capitalizing on the strengths of both the public and private sector to spark bold advancements in the industry. While the private sector has the capital and flexibility necessary to scale new innovations, only the public sector can navigate and update regulations to create a greater housing ecosystem.