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Amazon Pledging More Than $2 Billion for Affordable Housing in Three Hub Cities
Tech giant to make investments over next five years in and around Seattle, Arlington, Va., and Nashville, Tenn.
Amazon committed about $185 million to help the King County Housing Authority preserve about 1,000 units in the Seattle region. Photo: Mitch Pittman/Amazon By Jan. 6, 2021 6:00 am ET Amazon.com Inc. said it would commit more than $2 billion to create and preserve affordable housing in three of its employment hubs, the latest tech giant to make a large investment in easing the U.S. housing shortage.
Amazon said it intends to invest in affordable housing over the next five years in three regions where it is a major employer: Seattle, Arlington, Va., and Nashville, Tenn.
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