Airbnb Puts $250M Behind Affordable Housing Push
9 Articles
9 Articles
Airbnb puts $250M behind affordable housing push
America’s housing affordability crisis is keeping more young adults at home, prompting companies such as Airbnb to invest in efforts to increase the supply of affordable housing, Fortune reports. The company recently announced an initial $250 million “Housing Accelerator” that it estimates could unlock $5 billion in capital investment over the next decade by supporting […]
1 in 3 Gen Z and millennials are stuck in their parents' home—now, Airbnb is swooping in with a $250 million fund for affordable rental homes
The American Dream of graduating college, landing a six-figure job, and moving into a white picket-fenced home is slipping out of reach. More Gen Zers and millennials are stuck living with their families than ever—so now Airbnb is investing a quarter of a billion dollars to help turn the tide. Airbnb recently announced an initial $250 million investment to help build more affordable rental homes in the U.S. and abroad. America has a housing cri…
Airbnb is a platform as used as polemic. Many of those who suffer the effects of the housing crisis blame the temporary rental company for aggravating that situation. Not only in Spain. New York, Paris, Florence, Berlin... have implemented restrictive policies. The company’s CEO, Brian Chesky, has now announced a commitment to invest $250 million to help build more housing. Chesky pledged to do so during a conference at Goldman Sachs Communion +…
The Housing Accelerator program will also fund changes in zoning standards, permits and building codes.
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