Priscilla Chan’s philanthropy financed homes and protected tenants over 5 years

Priscilla Chan is the co-founder and co-CEO of the Chan Zuckerberg Initiative. Image Credit: Jessica Chou/Chan Zuckerberg Initiative(CZI) Priscilla Chan has supported thousands of Bay Area residents through the ‘Partnership for the Bay’s Future,’ a programme created to tackle the region’s shortage of affordable homes. 5 years after its launch, the initiative had protected more than 73,000 tenants and financed over 4,400 homes for thousands of people. The work, supported by the Chan Zuckerberg Initiative(CZI), combines funding with policy support and partnerships involving governments, non-profits, developers and community groups. Its progress shows how philanthropic money can be used alongside other resources to address housing problems.Priscilla Chan’s philanthropy financed 4,000+ homes and protected over 70,000 tenantsThe Partnership for the Bay’s Future(PBF) began in 2019 with a focus on making housing more affordable while supporting racial equity and economic inclusion. According to the CZI’s April 2024 report on the partnership, its first 5 years resulted in more than 73,000 tenants being protected and more than 4,400 homes being financed for 11,000 people.According to the sa...