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Lyft announces plan to invest in mayor’s emergency homeless shelters

Lyft announces plan to invest in mayor’s emergency homeless shelters

Just before kicking off a hotly anticipated initial public offering, ride-hailing company Lyft revealed plans this morning to invest millions of dollars into cities where it operates, starting with Los Angeles. According to the company, those funds will support a range of projects in Los Angeles, including Mayor Eric Garcetti’s A Bridge Home program, launched last year to provide emergency shelter housing to homeless residents.