Facebook is looking to put $6.3 million fee it owes Menlo Park, Calif., for a planned campus expansion directly into an affordable housing development instead of a city account for similar projects in the future.

The city's affordable housing fund, which contains roughly $10 million, has been criticized for not being spent in a timely fashion, reports Kevin Kelly of the Bay Area News Group.

The internet giant is teaming with nonprofit affordable housing developer MidPen Housing to explore how BMR (below-market-rate) fees can be used to accelerate the development of affordable housing.

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