Cisco Commits $50 Million to End Homelessness in Silicon Valley
Santa Clara, a city in California’s Silicon Valley has gotten worse with homelessness and the homeless population increased to 13% to 7394 in 2017 over the span of 2 years.
According to the homeless census and survey, Santa Clara’s homeless population is almost equal to San Francisco’s homeless population of 7499. In the entire country, Santa Clara has the 3rd highest chronic homelessness.
Cisco, a worldwide leader in IT and networking announced a $50 million donation over the next 5 years to Destination: Home, an organization dedicated to provide permanent housing to the homeless in Silicon Valley. The Santa Clara County area consists of cities like Cupertino (Apple’s headquarters), Mountain View, Palo Alto, San Jose (Cisco headquarters) and Sunnyvale. Cisco is familiar with the size of Silicon Valley’s homelessness epidemic as it is based in the San Francisco Bay area for over 30 years.
An initial $20 million chunk has been donated to Destination: Home through Cisco Fund. The idea for this money is to strengthen the Destination: Home’s efforts of achieving its 5-year plan to end homelessness which requires transforming homeless response systems, building new housing opportunities and deploying client-centered solutions.
This community plan to end homelessness in Santa Clara County is of 5 years from 2015 to 2020. Since the plan’s implementation from 2015, Destination: Home’s March 2018 progress report indicates, till now, 5154 people have got permanent homes in the Santa Clara County.
“We can put an end to homelessness in Santa Clara County and there is no better partner in this work than Destination: Home,” said Chuck Robbins, Chairman and CEO of Cisco. “I hope to join together with other business leaders across the technology industry so that with our collective creativity and innovative spirit, we can create a thriving community for all—including those who need our help the most.”
Destination: Home CEO Jennifer Loving said in a statement. “Cisco has fully embraced that concept, and is stepping up in a big way to provide the type of critical private sector leadership and substantial funding that is necessary to address this crisis head on. We couldn’t be more thrilled or grateful to have Chuck Robbins and the Cisco team at the table.”