Airbnb is launching a new “housing accelerator” with an initial $250 million in last-dollar financing intended to unlock more than $5 billion in housing investment, beginning with affordable housing in Austin, Texas. According to their release, the initiative will also support local zoning, permitting and building-code reforms, release new housing-policy data, and award $5 million in prizes to five organizations developing technology to make homebuilding faster, cheaper and easier.
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