San Francisco billionaire Provides $30M to study homelessness

A San Francisco billionaire is devoting $30 million to investigate root causes of homelessness and possible solutions, into the University of California, San Francisco.

Salesforce CEO Marc Benioff, a city native, has adopted homelessness as a philanthropic cause, pumping millions into a 2018 town measure to tax businesses that were rich to pay for providers.

The five-year initiative train people who’ve been homeless, provide testimony and fact sheets , and will run academic research. The UCSF Benioff Homelessness and Housing Initiative will be part of the UCSF Center for Vulnerable Populations, led by Dr. Margot Kushel.

Some San Francisco citizens are frustrated by technology companies such as a cloud-based software firm, Salesforce, saying they contribute with jobs that push housing rates up to inequality.

More than 4,000 people sleep on the streets every night from the city, in which the median price of a two-bedroom house is around $ 1.3 million. A family of four is considered low income.

Since he wants officials spending tax money to make decisions together with the data available benioff approached the university, Kushel said. The program is for investigators analyze the information and supply neutral, trusted analysis.

The initiative will have the ability to assist a town, as an instance, determine whether to implement an alcohol management program, study the results of that program and broadly share the information.

“We want to be a rapid response team to actually assist people,” Kushel explained. “This really can be democratizing data; this is supposed to find the data on the market.”