A 3D-printing company is preparing to build on the lunar surface. But first, a moonshot at home

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A 3D printing company that has a contract with NASA to develop structures on the moon is launching a competition to address one of the building industry's most pressing issues back on Earth: affordable housing.

Peggy Bailey is vice president of housing and income security at progressive US think tank the Center on Budget and Policy Priorities. Bailey explained that in the US, many people struggle to pay for their accommodation."Even before the pandemic and economic downturn, 23 million people lived in 11 million low-income households that paid more than 50% of their income for rent," she told CNN via email.

Wolf Ranch, a 100-home community north of Austin, Texas, is under construction and will be the largest 3D-printed housing project in the US.The idea for Initiative 99 came from an internal exercise ICON has run every six months for the past five years, to see what can be constructed for $99,000 with the technology available."This year we hit an inflection point," said Ballard."The results were very compelling.

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