The pledge has been whittled down significantly as the Silicon Valley tech company has faced layoffs and shifting priorities.

Mark Zuckerberg’s Meta is seemingly pulling back from its plan to spend $1 billion on affordable housing in California.

However, by late 2022, the program had lost momentum. According to internal sources and reporting from The Mercury News, Meta ...

Executives at Facebook’s parent company in 2022 stopped committing funding to the initiative, slowing progress.

Several years later, in 2021, a new City Council entered into an agreement with Meta Housing Corporation to build 65 units of affordable housing for families on the lot. The company held a ...

A $250 million effort to finance mixed-income housing on surplus state land throughout California was in the works when Meta ...