The Chan Zuckerberg Initiative has a $500 million plan to ease the Bay Area housing crisis

Several large philanthropic organizations, like the Chan Zuckerberg Initiative and the Ford Foundation, are pooling resources to address San Francisco's severe housing crisis. The funds will go to local non-profits who are buying up property to stabilize rent and to localities to establish rent-control and tenant protection policies. Known as Partnership for the Bay’s Future, the venture hopes to eventually ensure housing for 175,000 families over five years.

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