# Michael Moritz offers $150 mn for ideas to transform San Francisco 2026-08-07T20:26:09+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet The Times of India reports that billionaire Michael Moritz and his wife Harriet Heyman have announced a global competition offering up to $150 million for ideas to improve San Francisco. The open competition, named Boundless San Francisco, is run by their foundation Crankstart. Any organisation from anywhere can submit a proposal, as long as it directly benefits the city's residents. Up to three winners will receive $10 million to $50 million each. The competition aims to address San Francisco's housing affordability crisis and post-pandemic economic decline. A multi-stage review process will include peer evaluation and expert panel assessment. Winners will be announced in autumn 2027. San Francisco has increasingly relied on private philanthropy to fill public service gaps. ## Coverage - timesofindia.indiatimes.com Tags: Crankstart, global competition, housing crisis, Michael Moritz, philanthropy, San Francisco Canonical: https://indianopinion.org/michael-moritz-offers-150-million-to-fix-san-francisco/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/michael-moritz-offers-150-million-to-fix-san-francisco/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.