Airbnb began with 2 hosts who needed help paying rent for their apartment. Nearly 20 years later, millions of hosts rely on Airbnb to help cover their rent or mortgage.
Today we're excited to announce the Airbnb Housing Accelerator, our most significant commitment yet to help address the housing shortage.
Through the Airbnb Housing Accelerator, we’ll invest an initial $250 million to help unlock more than $5 billion for affordable and mixed-income housing. Airbnb will also support housing policy reforms, and award $5 million to innovators making homes easier, faster, and cheaper to build.
“Austin is home. I've lived here for 13 years,” said Ivan Woodson, an Airbnb Community Leader. “I've always loved hosting, but being at today's event made me even more proud to be an Airbnb host, because this is a company that is investing in making my community an even better place to live.”
The Airbnb Housing Accelerator is launching in the United States with ambitions to expand around the world. Visit airbnb.com/housingaccelerator to learn more, and share your thoughts about housing in your community in the comments below.
