Stripe—Stripe donated $1M to California YIMBY to advocate for housing policy reform
In 2018, Stripe donated $1 million to California YIMBY, a pro-housing development lobbying organization. CEO Patrick Collison said the donation was made 'because we think broad policy change will make the most meaningful, widespread and long-term difference in the state's housing crisis, by allowing developers to build more housing – specifically lower-cost, higher-density housing.'
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Housing Affordability | +toward | primary | +1.00 |
| Overall incident score = | +0.572 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.57)
Evidence (1 signal)
Irish Times reported Stripe's $1M donation to California YIMBY for housing reform
The Irish Times reported that Stripe contributed $1 million to California YIMBY, a pro-housing development lobbying organisation, in 2018. CEO Patrick Collison said the donation was made to advocate for 'broad policy change' to address the state's housing crisis by allowing more lower-cost, higher-density housing.