Media Mention

Forterra snags $2.5M CLT grant

Forterra was recently awarded $2.5 million in cash and assistance to further develop its prototype for affordable modular housing made out of cross-laminated timber (CLT). 

The local nonprofit has been working on the idea for over two years. 

The $2 million in direct funding, plus two years of future technical assistance, came from Enterprise Community Partners and Wells Fargo.

The grant came of out their $12 million Housing Affordability Breakthrough Challenge, which received over 900 applications. (The other five recipients ranged from Texas to New York.) Forterra CEO Michelle Connor said in a statement, “This award enables our region to connect the well-being of rural and urban communities, jobs and the health of our environment.”

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