Facebook and others pledge millions of dollars to affordable housing

Mark Zuckerberg (R), founder and CEO of Facebook, and wife Priscilla Chan arrive on the red carpet during the 2nd annual Breakthrough Prize Award in Mountain View, California November 9, 2014.

Facebook and the nonprofit Chan Zuckerberg Initiative are among the participants in a new group that’s promising to commit hundreds of millions of dollars to expanding the availability of affordable housing in the Bay Area.

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