Billionaire Joe Gebbia, the co-founder of Airbnb Inc. and a board member of Elon Musk’s Tesla Inc., plans to donate $15 million of factory-built dwellings to victims of the Los Angeles wildfires.
The pre-fabricated houses — made by Gebbia’s startup, Samara — will first go to low-income residents whose properties burned in Altadena and Pacific Palisades neighborhoods, according to a statement. The Samara homes can be built in as little as five months and require only weeks to install.
The homes will be 100% funded, including installation costs. The effort is being coordinated by Steadfast