A company backed by Silicon Valley billionaires is seeking local voter approval to build a walkable city from scratch for 50,000 people on farmland in Solano County, located in northern California between Sacramento and the San Francisco Bay Area.

Backers include LinkedIn co-founder Reid Hoffman and venture capitalist Marc Andreessen. “Eventually, the city could grow to 400,000 people, the group says, but only if it can create at least 15,000 jobs that pay above-average wages.”

I love the spirit behind this idea. California is in a housing crisis. It’s a disaster, like an earthquake or wildfire, and we need bold solutions.