Brad Pitt, Steve Bing Plan New 150-Home Community in New Orleans

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Brad Pitt, Steve Bing Plan New 150-Home Community in New Orleans
by Jasmin Malik Chua, Jersey City, USA on 09.26.07

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Actor Brad Pitt has just communicated plans to build a new community of homes in New Orleans' Lower Ninth Ward. Announcing the new effort at today's meeting of the Clinton Global Initiative, Pitt will be partnering with real-estate developer and philanthropist Steve Bing to create 150 low-price, sustainable homes as part of Pitt's "Make it Right" project.

In terms of moola, Pitt pledged to match $5 million in contributions to the project, while Bing has pledged to match $5 million in contributions—that's $10 million total in matching funds. (We did the math for you.)

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