In April 2024, Priscilla Chan celebrated a housing initiative funded by their $50 million charity commitment to improve housing affordability and promote racial equity. However, just a year later, the Chan Zuckerberg Initiative (CZI) is withdrawing support from various California housing organizations, harming the housing justice movement. While CZI stated future investments would target the Bay Area, sources indicate this retreat is also tied to a broader strategy to discontinue funding for programs focused on diversity, equity, and inclusion (DEI).
"The Chan Zuckerberg Initiative has made a sharp reversal on its commitment to housing, quietly ending funding for several California housing organizations it had supported for years."
"It's touching many if not all of the most effective housing advocacy organizations across the state, said Edie Irons, spokesperson for All Home, a nonprofit advocate for solutions to homelessness."
#housing-affordability #philanthropy #chan-zuckerberg-initiative #diversity-equity-inclusion #california-housing-crisis
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