A week after Microsoft announced a $500 million investment for affordable housing in Seattle, Bay Area tech companies are preparing a $500 million investment fund of their own, with embattled Facebook CEO Mark Zuckerberg playing a leading role. The Chan Zuckerberg Initiative, led by Zuckerberg and his wife Priscilla Chan, partnered with the San Francisco Foundation and other philanthropy groups as part of a larger project to coordinate solutions to the area’s severe housing shortage, […]
source https://therealdeal.com/2019/01/24/guilty-conscience-mark-zuckerberg-plans-500m-affordable-housing-fund-in-bay-area/
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