Open Philanthropy Launches $120 Million Fund To Support YIMBY Reforms
The new fund seeks to ease regulatory barriers to construction and growth, putting the so-called abundance movement under the umbrella of effective altruism.
The new fund seeks to remove regulatory barriers that impede the growth of housing and development in cities.
Photographer: David Paul Morris/BloombergThe San Francisco grantmaking foundation Open Philanthropy is launching a new three-year, $120 million fund to support policies and reforms associated with the so-called abundance movement, bringing the Yes-in-My-Backyard cause further under the umbrella of effective altruism.
With support from the philanthropic foundation Good Ventures, Stripe CEO and founder Patrick Collison and other donors, this new Abundance and Growth Fund will drive advocacy, research and policies to reduce burdensome regulatory barriers to infrastructure and housing construction, among other subjects. The foundation is hiring a new program lead to direct the fund.