Mark Zuckerberg's Charity Is Giving $3 Million to Help Fight San Francisco's Housing Crisis

The Chan Zuckerberg Initiative, founded by Dr. Priscilla Chan and her husband, Facebook (FB) - Get Report CEO Mark Zuckerberg, is donating $3.6 million to help combat San Francisco's affordable housing crisis. The majority of the funding, $3.1 million, will go to Community Legal Services in East Palo Alto to address the current hardships caused by the housing shortage in the San Francisco suburbs near Facebook's headquarters. A $500,000 grant also goes to the Terner Center for Housing Innovation at University of California, Berkeley.

This article was written by a staff member of TheStreet.