Elemental Excelerator and Finance New Orleans Open Applications for the Resilient New Orleans Innovation Challenge | PR Newswire [Video]

Local climate technology companies, entrepreneurs, housing developers, community members and public agencies are encouraged to apply to create affordable and disaster-resilient homes in New Orleans, serving as a model for future developments

, /PRNewswire/ — Following the successful launch of their financing partnership, Elemental Excelerator and Finance New Orleans (FNO) are excited to announce that applications are now open for the Resilient New Orleans Innovation Challenge. This collaborative initiative, born out of a shared commitment to integrate innovative climate technologies into affordable and resilient housing solutions, invites entrepreneurs, community members, public agencies and housing developers to contribute to the creation of sustainable homes that are designed for New Orleans and will serve as models for future developments.

The Challenge, opening applications today, aims to fund the development and retrofit of thirteen sites in the Pontchartrain Park and Central City neighborhoods and advance innovation in building materials, building performance, and creative labor solutions, thus reducing the cost of high performing homes. The initial $2Mfund, combined …