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MacKenzie Scott's $30M Gift to Housing Trust Silicon Valley Unveils 10-Year Plan
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Moneycontrol•05-10-2026, 12:06
MacKenzie Scott's $30M Gift to Housing Trust Silicon Valley Unveils 10-Year Plan
- •MacKenzie Scott donated $30 million to Housing Trust Silicon Valley in October 2024 through her Yield Giving fund, the largest individual gift in the nonprofit's history.
- •The unrestricted gift aims to expand access to affordable homes across the 14-county Bay Area, a region with high housing costs.
- •Housing Trust Silicon Valley unveiled a 10-year plan in September 2025 for utilizing the funds, shaped by staff, board members, and community stakeholders.
- •The plan includes five initiatives covering core lending, homeownership assistance, policy work, and long-term organizational capacity, such as growing the revolving loan fund and piloting new financing tools.
- •Since its founding in 2000, Housing Trust has invested over $690 million, created more than 28,700 housing opportunities, and helped approximately 53,800 residents find affordable homes.
Key Questions Answered
MacKenzie Scott donated $30 million to Housing Trust Silicon Valley in October 2024 through her Yield Giving fund, marking the largest individual gift in the nonprofit's history.
Housing Trust Silicon Valley unveiled its 10-year strategic plan in September 2025, about a year after receiving the unrestricted donation.
The roadmap features five initiatives spanning core lending, homeownership assistance, policy and innovation work, and long-term organisational capacity, which includes growing its revolving loan fund and piloting new developer financing tools.
