Facebook campus expansion includes affordable housing in Menlo Park

  • Menlo Park's housing market is currently priced as high luxury, and the market is swaying very far in the favor of sellers.
  • Facebook's new campus extension plan would include affordable housing units, a hotel space and more for employees and residents not affiliated with the company.
  • The campus plan includes contributions to initiatives such as the Dumbarton Corridor Study, Housing Inventory and Local Supply Study, Workforce Housing Program and the Housing Innovation Fund.

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In communities surrounding the Bay Area, affordable housing is one big, hot-button topic.

High paying tech jobs are welcoming new residents to the area, but not everyone can afford to call it home anymore. Partly responsible for the surge in local economy and home prices, one of Silicon Valley’s major players is trying to make living there a little more attainable for a number of lucky residents.