STOCK TITAN

Morehouse College Students Win Zillow's HBCU Hackathon With App That Flags Looming Affordability Challenges for Renters

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Zillow's HBCU Housing Hackathon attracted over 150 students from Historically Black Colleges and Universities, focusing on solutions for at-risk renters and first-time home buyers. The first place was awarded to a team from Morehouse College, winning $20,000 for their app, which predicts rent and utility increases. Zillow also donated $25,000 to Morehouse's computer science program. The event highlighted innovative projects, with other top teams focusing on financial literacy and blockchain solutions. All top teams received additional prizes, including laptops and internship opportunities at Zillow.

Positive
  • First-place team from Morehouse College won $20,000 and additional $25,000 donation to their computer science program.
  • Demonstrated commitment to supporting education and innovation in housing solutions.
  • Increased positive brand visibility and community involvement for Zillow through the hackathon.
Negative
  • None.

SEATTLE, Oct. 7, 2021 /PRNewswire/ -- Zillow's HBCU Housing Hackathon, which drew more than 150 students from Historically Black Colleges and Universities (HBCUs), awarded top prizes to teams that innovated to help at-risk renters and struggling first-time home buyers.

The top three finishers in the hackathon, created in collaboration with the United Negro College Fund (UNCF) , Black Tech Ventures (BTV) and Amplify 4 Good, won over the judges with projects that offer solutions to barriers in the housing journey.

A team of four Morehouse College students won first place and $20,000 for its program that uses machine learning to predict increases in rent and utility costs at a particular address over time, offering renters early warning about looming affordability challenges. Zillow also will donate $25,000 to Morehouse College's computer science program as part of the first-place prize.

"It's awesome to conceptualize a project that could help a lot of people and not only win this hackathon and receive prizes that are great for my team, but also help earn a donation for our college," said Paul Lockett, member of team Househouse and senior computer science student at Morehouse College. "Coming into this, we had a plan, we executed on it and we are so happy we had this amazing opportunity to work and learn with Zillow."

The event brought together 49 teams representing 17 HBCUs. Six teams advanced to the final round and had five minutes to present their ideas virtually, using live demonstrations and presentation decks, to a panel of judges made up of Zillow and tech industry leaders.

"We are incredibly impressed with the ingenuity, passion and leadership the students showed at Zillow's HBCU Housing Hackathon," said Aldona Clottey, Zillow vice president of Corporate Social Responsibility and one of the judges. "It was inspiring to see everyone dig into this challenge and bring their perspective on solutions to some of the problems people face when it comes to renting, buying or selling a home. These students showed us that our future is in great hands and we are proud  to support them and the institutions that serve them."

The first-place team from Morehouse, Househouse, included Kendall Camp, Grant Commodore, Joshua Curry and Paul Lockett. Their "Reliby" application addresses financial uncertainty for long-term renters and provides users with a "stability score" to illuminate dramatic increases in living expenses that might come months or years in the future.

"Computer science departments at HBCUs specialize in developing technically competent students with a sense of mission and purpose that drives them to innovate," said Alfred R. Watkins, Ph.D., academic program director for computer science at Morehouse College.   "The success of the winning team from Morehouse is an indication the college is working hard to attract, nurture, support, educate and challenge young students to become the tech-savvy leaders this world needs today."

Zillow HBCU Hackathon Runners-Up
The other hackathon prize winners were Team SU of Southern University and A&M College, and Aht Aht of Philander Smith College.

Team SU won second place and a $12,000 prize for its "ZPlan" to provide Zillow users — primarily those who aspire to become homeowners but might lack financial literacy and understanding of the home-buying process — with tailored help, such as tips for home buying or renting and suggested listings based on housing location data.

"This was by far one of the most intriguing hackathons I have ever participated in, and the competition was off the charts," said Rason Irvin, member of Team SU and computer science student at Southern University and A&M College. "My team and I were able to accomplish a lot in our short amount of time and grow skills that will carry over into our everyday lives. Having peers performing at a high level and in the same domain proves to me that the 'odd man out' feeling I have felt in previous roles will hopefully be a thing of the past as the top diversity talent makes their way into tech."

Team SU also included Nicolas Hardin and Dominique McCraney.

Team Aht Aht won third place and $6,000 for its "ZInvest" idea, an investment tool designed to lessen the burden of high housing costs and help level the playing field in real estate investing through tokenization. The team conceptualized a marketplace where one can invest in real estate at a lower price point using blockchain technology.

Aht Aht included Vanessa Agbugba, Samuel Alake, Lashaun McKenzie and Sam Davis Omekara.

The remaining semifinalist teams include: 

  • genZillow of Howard University, including Derrick Boston III, Tehya Gaines, Ashley Haynes and Joshua Wallington
  • FAMU Innovators of Florida A&M University, including Erika Dargan, Wicliff Fleurizard, Zachary Gilchrist and Nana Ama Marfo
  • The House of Morehouse College, including Trae Brown, Irvin Franklin, Divine Linus and Travis Sherman

Judges of the semifinal round included Rhonda Allen, chief executive officer, /dev/color; David Beitel, Zillow chief technology officer; Loni Mahanta, Zillow vice president, government relations; Tiffany Taylor, chief people & impact officer, GSV Ventures; and special student judge Richard Clay, Bowie State University Class Of 2022.

All students from the top three teams also will receive new laptops, textbook gift cards and AfroTech World 2021 conference tickets, and all eligible hackathon participants interested in a role at Zillow will have an opportunity to interview for an internship.

The hackathon's final pitch round was judged by Zillow and tech industry leaders that included Eric Bailey, vice president of Experience Design at Zillow; Aldona Clottey, Zillow vice president of Corporate Social Responsibility; Stan Humphries, Ph.D., chief analytics officer at Zillow; Jaisa Minor, head of partnerships at HBCU.vc; Damien Peters, founder of Wealth Noir; and Chad Womack, Ph.D., senior director of National STEM Programs and Initiatives at UNCF.

About the United Negro College Fund

The United Negro College Fund (UNCF) is the nation's largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students' education and development through scholarships and other programs, strengthens its 37 member colleges and universities, and advocates for the importance of minority education and college readiness. UNCF institutions and other historically black colleges and universities are highly effective, awarding 20% of African American baccalaureate degrees. UNCF annually awards $100 million in scholarships and administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at more than 1,100 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized trademark, "A mind is a terrible thing to waste."® Learn more at UNCF.org, or for continuous news and updates, follow UNCF on Twitter, @UNCF.

About Black Tech Ventures

The mission of Black Tech Ventures (BTV) is to empower African American tech innovators and startup entrepreneurs, and to foster a culture of entrepreneurship at historically black colleges and universities (HBCUs). At BTV, we believe innovation and an entrepreneurial mindset are essential for success in the innovation and tech economy. 

About Zillow Group

Zillow Group Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. 

As the most visited real estate website in the U.S., Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions.  

Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes Inc., Trulia®, Out East®, StreetEasy®, and HotPads®. Zillow Home Loans LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/morehouse-college-students-win-zillows-hbcu-hackathon-with-app-that-flags-looming-affordability-challenges-for-renters-301395020.html

SOURCE Zillow

FAQ

What was the Zillow HBCU Housing Hackathon?

Zillow's HBCU Housing Hackathon was an event designed to foster innovation among students from Historically Black Colleges and Universities, focusing on solutions for at-risk renters and first-time home buyers.

When did the Zillow HBCU Housing Hackathon take place?

The Zillow HBCU Housing Hackathon took place on October 7, 2021.

Who won the Zillow HBCU Housing Hackathon?

The first place was awarded to a team from Morehouse College for their app that predicts rent and utility cost increases.

What prizes were awarded at the Zillow HBCU Housing Hackathon?

The top teams received monetary prizes, laptops, textbook gift cards, and internship opportunities at Zillow.

What was the purpose of the hackathon?

The hackathon aimed to generate innovative solutions addressing challenges faced by renters and first-time home buyers.

ZILLOW GROUP INC

NASDAQ:ZG

ZG Rankings

ZG Latest News

ZG Stock Data

16.46B
54.33M
2.94%
85.86%
0.47%
Internet Content & Information
Services-business Services, Nec
Link
United States of America
SEATTLE