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HUD LAUNCHES “INNOVATION OF THE DAY”

New “crowd sourcing tool” will highlight best practices in housing and community development

WASHINGTO, DC – August 16, 2012 – (RealEstateRama) — Today, the U.S. Department of Housing and Urban Development launched Innovation of the Day, a new online platform that will collect and share innovative practices in affordable housing, community development, and urban planning from around the world. Its purpose is to seek new ideas that can be leveraged not only within HUD, but among other agencies, communities, philanthropic organizations, non-profit agencies, and the public.

Innovation of the Day aims to discover and analyze emerging trends, issues, and solutions from the field to federal policymaking. This new platform will connect local HUD and regional offices with private, public, and non-profits so that they may collaborate and share their experiences, practices and resources on ways to strengthen local communities.

“Innovation of the Day is a tool to form partnerships and invite new and bold ideas to stimulate uncommon solutions to our everyday problems,” said HUD Secretary Shaun Donovan. “As an organization, HUD is embracing innovation that can have a profound and lasting impact in unexpected and exciting ways.”

The new platform will consist of a submission form and innovations database for use by anyone, ranging from the general public to researchers. The site will feature select innovations highlighting some of best innovations HUD receives. The site will also include a dashboard to reveal trends such as geography or innovation theme.

This winter, HUD will host its first Innovation Summit to bring together policymakers, nonprofits organizations, and practitioners to facilitate the sharing of ideas and to stimulate policy development at all levels.

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HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov. You can also follow HUD on Twitter at @HUDnews or on Facebook at www.facebook.com/HUD. or sign up for news alerts on HUD’s News Listserv.

Contact:
HUD Public Affairs
(202) 708-0685