{"id":7364,"date":"2023-06-22T09:00:00","date_gmt":"2023-06-22T13:00:00","guid":{"rendered":"https:\/\/nationalfairhousing.org\/?p=7364"},"modified":"2023-06-21T23:10:42","modified_gmt":"2023-06-22T03:10:42","slug":"winning-team-announced-at-nfhas-inaugural-tech-equity-hackathon","status":"publish","type":"post","link":"https:\/\/nationalfairhousing.org\/winning-team-announced-at-nfhas-inaugural-tech-equity-hackathon\/","title":{"rendered":"Winning Team Announced at NFHA\u2019s Inaugural Tech Equity Hackathon"},"content":{"rendered":"\n

FOR IMMEDIATE RELEASE
Date: June 22, 2023
Contact: Izzy Woodruff, iwoodruff@nationalfairhousing.org<\/a>  <\/p>\n\n\n\n

Winning Team Announced at NFHA\u2019s Inaugural Tech Equity Hackathon<\/strong><\/p>\n\n\n\n

Team members worked together to identify, quantify, and mitigate bias in an automated valuation model<\/em><\/p>\n\n\n\n

\"\"
From Left to Right: Yoshi M. Bird, Jonathan Lawless of Bilt Rewards (award presenter), Qilin Tong, and Nicholas Bowen<\/figcaption><\/figure>\n\n\n\n

Washington, D.C. \u2014 <\/strong>The National Fair Housing Alliance (NFHA)\u2019s Tech Equity Team hosted its first-ever Tech Equity Hackathon from Friday, June 16, to Sunday, June 18, 2023, in Washington, D.C. The winning team \u2014 comprised of Yoshi M. Bird<\/a>, Qilin Tong<\/a>, and Nicholas Bowen<\/a> \u2014 was chosen by a panel of expert judges and received a $25,000 reward.<\/p>\n\n\n\n

During the three-day event, several teams of students, recent college graduates, and others competed to develop innovative solutions to remove bias from the housing and lending sectors. Specifically, teams were tasked with:<\/p>\n\n\n\n

    \n
  1. Testing an automated valuation model (AVM) for racial bias in model outcomes;<\/li>\n\n\n\n
  2. Quantifying the size of the bias, if any;<\/li>\n\n\n\n
  3. Identifying model features that drive the bias;<\/li>\n\n\n\n
  4. Describing potential societal harms that can result from this bias; and<\/li>\n\n\n\n
  5. Providing policy recommendations to address the AVM bias while retaining the performance of the AVM used to estimate a home\u2019s value.<\/li>\n<\/ol>\n\n\n\n

    \u201cUltimately, through its Tech Equity program and events like the Hackathon, NFHA wants to help democratize the knowledge of responsible technology in housing so that we can eliminate bias in algorithmic systems being used in housing and financial services, increase transparency and explainability for AI tools, outline ethical standards for responsible tech, advance effective policies for regulating AI tools, and increase diversity and inclusion in the tech field,\u201d said Dr. Michael Akinwumi, NFHA\u2019s Chief Tech Equity Officer. <\/strong>\u201cWe are so grateful to everyone who participated in this important event \u2014 NFHA staff, the hackers, the speakers, the judges, and our sponsors \u2014 and we look forward to hosting other similar events in the future to further advance NFHA\u2019s critical mission.\u201d<\/p>\n\n\n\n

    The Hackathon was part of NFHA\u2019s year-long campaign to commemorate the 55th<\/sup> anniversary of the Fair Housing Act. In addition to the top prize of $25,000, the second-place team received $15,000. Members of the remaining teams received a participatory prize of $100 each, and the event featured interactive workshops about anti-discrimination laws and their applications to machine learning, as well as networking opportunities with top industry professionals.<\/p>\n\n\n\n

    Click here<\/a> to learn more about NFHA\u2019s Tech Equity Initiative and here<\/a> for a complete list of NFHA\u2019s other 55th<\/sup> anniversary events.<\/p>\n\n\n\n

    ###<\/em><\/p>\n\n\n\n

    The National Fair Housing Alliance (NFHA)<\/em><\/strong><\/a> is the country\u2019s only national civil rights organization dedicated solely to eliminating all forms of housing and lending discrimination and ensuring equal opportunities for all people. As the trade association for over 170 fair housing and justice-centered organizations and individuals throughout the U.S. and its territories, NFHA works to dismantle longstanding barriers to equity and build diverse, inclusive, well-resourced communities.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

    FOR IMMEDIATE RELEASEDate: June 22, 2023Contact: Izzy Woodruff, iwoodruff@nationalfairhousing.org   Winning Team Announced at NFHA\u2019s Inaugural Tech Equity Hackathon Team members worked together to identify, quantify, and mitigate bias in an automated valuation model Washington, D.C. \u2014 The National Fair Housing Alliance (NFHA)\u2019s Tech Equity Team hosted its first-ever Tech Equity Hackathon from Friday, June 16, […]<\/p>\n","protected":false},"author":433,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33,34,2],"tags":[],"class_list":["post-7364","post","type-post","status-publish","format-standard","hentry","category-news-media","category-nfha-news","category-press-releases"],"acf":[],"yoast_head":"\nWinning Team Announced at NFHA\u2019s Inaugural Tech Equity Hackathon - NFHA<\/title>\n<meta name=\"description\" content=\"FOR IMMEDIATE RELEASEDate: June 22, 2023Contact: Izzy Woodruff, iwoodruff@nationalfairhousing.org   Winning Team Announced at NFHA\u2019s Inaugural Tech Equity Hackathon Team members worked together to identify, quantify, and mitigate bias in an automated valuation model Washington, D.C. \u2014 The National Fair Housing Alliance (NFHA)\u2019s Tech Equity Team hosted its first-ever Tech Equity Hackathon from Friday, June 16, […]\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalfairhousing.org\/winning-team-announced-at-nfhas-inaugural-tech-equity-hackathon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Winning Team Announced at NFHA\u2019s Inaugural Tech Equity Hackathon - 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