ugh benioff is peak virtue signaller
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Strongly suspect that the better use of that money would be to help people relocate to areas with less mature but high-growth economies (and ideally favorable local politics). Why on earth would you subsidize rent in the most expensive rental market in the country?
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Because the human and political costs of relocating large masses of indigent people are enormous. See: every refugee crisis ever.
End of conversation
New conversation -
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The details on these programs always look ridiculous like that. I get not wanting to build a cabrini-green west, but they always go so far in the opppsite direction...and its usually the middle class that suffers and quality of life goes down across demographics.
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