Earlier this year, Wells Fargo committed to donate $1 billion to increase affordable housing nationwide. Specifically, the bank committed $1 billion in philanthropy through 2025 to “address the U.S. housing affordability crisis, including homelessness, available and affordable rentals, transitional housing and home ownership.”...

Access to safe and decent housing is a basic human need. Everyone deserves a secure place to live and raise their family. Yet owning, or even renting, a place to call home is increasingly out of reach for the average Californian.

California, the land of golden dreams, has become America’s worst housing nightmare. Recent wildfires have only heightened the stakes for a state that can’t seem to build enough new homes. The median price for a house now tops $600,000, more than twice the national level. ...

The iconic nonprofit once shied away from politics; now it’s decided to use the goodwill it has earned to promote affordable housing funding and increased density.