Tobi Goldberg

Affordable Housing Development Competition

To generate interest in community development, FHLBank Boston partners with dedicated sponsors to bring together graduate students for the annual competition.

“This competition focuses a new generation of thinkers on affordable housing.”

Tobi Goldberg
Senior Community Investment Manager


Learn how the competition works and the benefits of participating, including prizes.


See this year's student coordinators and sponsors and learn how to form a team. Also, see which  developers and finance and design mentors previously participated in the competition.  


Students and housing developers can find out more about submission requirements and judging criteria.

A brick building with side walk facing a road with  a mix of women, men and children outside, along with bicyclist in the road.

Del Toro Providence, Rhode Island

Del Toro, a multiphased, mixed-use development in Providence’s former industrial district, received the first prize in the 2022 competition. This project aims to breathe new life into historic buildings with community-oriented programming, and it combines this adaptive reuse plan with new affordable housing designed to achieve Passive House standards for the artists and small businesses that are the soul of the neighborhood. With a focus on community building, the project strives to create a lively pedestrian haven connected with artist studios and nonprofit initiatives.

Green space separated by a curvy walkway with shadow figures walking about

Granite Gardens Hooksett, New Hampshire 

The second-place prize recipient in the 2022 competition, Granite Gardens, is a proposal to create a new multiphased community rooted in nature and sanctuary for low-income seniors. Phase one provides 92 housing units to meet the increasing demand for affordable senior housing as the population of southern New Hampshire ages amidst rising housing costs. Community gardens and an orchard complement the natural context of this greenfield site while programming and services oriented toward food security and multigenerational companionship provide a holistic and supportive life for Hooksett’s seniors at Granite Gardens.

A two story building facing a tree-dotted sidewalk and green space with shadow figures walking about

Hollis Street Project Nashua, New Hampshire

Hollis Street Project, recipient of the third prize in the 2022 competition, proposes to create a 40-unit sustainable and healthy design project by the Southern New Hampshire Medical Center. The initiative would provide affordable housing for low-income hospital employees. If built, this unique model would provide an opportunity for the city of Nashua to care for its frontline workers.