Amazon to invest $2 billion to build affordable housing in these 3 cities Share Updated: 3:13 PM EST Jan 9, 2021 By Anna Bahney, CNN Business
Amazon to invest $2 billion to build affordable housing in these 3 cities Share Updated: 3:13 PM EST Jan 9, 2021
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Show Transcript is it really all about location, location, location or getting a bang for your buck? These air some of the best and worst cities in the U. S. To be looking to buy a home. Zillow puts the median value of a home just shy of $250,000. And that s what property shark used to evaluate what you could afford in some of the top U. S. Cities. As far as getting more for your money, the report found that for 250 k, you could get over 5400 square feet in Detroit as the Motor City topped its list for cities where you can buy the most space. Cleveland was next at 4667 square feet, followed by Buffalo, New York, with 4145 square feet. Then there are the cities that make you
Amazon will direct $2 billion in loans and grants to secure affordable housing near three American cities where the company employs thousands of workers, the tech giant announced Wednesday.
In a first step in the Puget Sound region, Amazon is promising $185.5 million, mostly in loans, to the King Co
Financed by Amazon, a D.C. area housing nonprofit bought and will stabilize rent at a luxury apartment building in Crystal City.
The tech giant announced on Wednesday that it is contributing $381.9 million to Washington Housing Conservancy to create and preserve 1,300 affordable housing units at Crystal House (1900 S. Eads St), as rents rise amid Amazon’s expansion into the area.
“Amazon’s investment in affordable housing in Arlington is transformational and couldn’t come at a better time,” County Board Chair Matt de Ferranti said in a statement. “We are delighted to further strengthen our partnership with Amazon and to work together to serve our shared commitment to equity and economic opportunity for all of our residents.”