LilMikeSF<p><a href="https://c.im/tags/Facebook" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Facebook</span></a> front office grabbed great publicity from its bold <a href="https://c.im/tags/billion" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billion</span></a> dollar public <a href="https://c.im/tags/pledge" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pledge</span></a> to help solve the <a href="https://c.im/tags/BayArea" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BayArea</span></a> <a href="https://c.im/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housing</span></a> crisis, then after the cameras, clicks and likes disappeared so did it's phony commitment, as <a href="https://c.im/tags/Meta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Meta</span></a> quietly cut the funding teat and <a href="https://c.im/tags/ghosted" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ghosted</span></a> the topic. </p><p> Money did flow at first , as public entities provided matching funds, but <a href="https://c.im/tags/Zuggerfugger" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Zuggerfugger</span></a>'s <a href="https://c.im/tags/PaloAlto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PaloAlto</span></a> <a href="https://c.im/tags/SocialMedia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SocialMedia</span></a> <a href="https://c.im/tags/boardroom" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>boardroom</span></a> backed shills quietly cut and run, committing far less than a quarter of the publicly pledged total. The vast majority of money from Meta, a company lacking a corporate charitable arm, came back to their HQ, repaid as low 2% interest rate loans of up to $15m to developers, not actual donations.</p><p>5 years after the flurry of <a href="https://c.im/tags/publicity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>publicity</span></a>, the unfulfilled propaganda pipe dream went deferred, projects were few and far between, impacts largely lost and untold in a region still desperately in need of more affordable housing.</p><p><a href="https://www.eastbaytimes.com/2025/05/23/meta-affordable-housing-donation/?share=sfsrsw3uc3tc3wn0term" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">eastbaytimes.com/2025/05/23/me</span><span class="invisible">ta-affordable-housing-donation/?share=sfsrsw3uc3tc3wn0term</span></a> <a href="https://c.im/tags/GiftLink" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GiftLink</span></a> <a href="https://c.im/tags/SharedStory" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SharedStory</span></a> <a href="https://c.im/tags/SiliconValley" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValley</span></a> <a href="https://c.im/tags/HousingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HousingCrisis</span></a></p>