Mark Zuckerberg pledges $250,000 to fix California housing crisis Facebook helped create

July 10, 2018

Facebook CEO Mark Zuckerberg is donating $250,000 to a November ballot measure that would raise $4 billion in bonds to help solve California’s housing crisis.

Zuckerberg’s Palo Alto, California-based nonprofit, the Chan Zuckerberg Initiative, is giving the money to Affordable Housing Now, a political action committee formed by the Silicon Valley Leadership Group, Housing California, the California Housing Consortium and the State Building and Construction Trades Council of California.

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