Construction technology company, ICON, has opened submissions for Initiative 99, a global architecture competition for 3D-printed affordable housing that can be built under $99,000 (USD).

With a total prize purse of $1M (USD), ICON is committed to building a selection of the winning designs at multiple locations that will stand as a model for future affordable housing.

Architects from all over the world, including firms, individuals, and university students are encouraged to participate. To date, ICON has seen 57 different countries represented on the growing list of potential participants, illustrating a universal need to create a new, disruptive solution for affordable housing.