Billionaire MacKenzie Scott's Generous Donation Tackles SoCal's Unaffordable Housing Crisis

Billionaire philanthropist MacKenzie Scott has made a $15 million donation to Century Housing, a California-based affordable housing nonprofit organization. This is part of Scott's ongoing efforts to combat the affordable housing crisis in the state. The donation comes as rent in Southern California consumes a significant portion of residents' earnings, and homeownership remains out of reach for many. Century Housing will use the funds to increase the supply of affordable housing and work towards building more equitable communities. Since 2019, Scott has given away over $14 billion to various nonprofit organizations and universities.