Amazon pledges $2 billion to affordable housing, including $185 million for apartments in Bellevue By Heidi Groover, The Seattle Times
Published: January 6, 2021, 8:48am
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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 inthe Puget Sound region, Amazon is promising $185.5 million, mostly in loans, to the King County Housing Authority to help buy affordable apartments in the region and keep the rents low. The Housing Authority will use an initial portion of that money to help fund its recent purchase of three Bellevue apartment buildings.
El Intransigente
Amazon pledges $2 billion for affordable homes near U.S. cities
Fund will back projects near Seattle, Washington DC, Nashville. Move follows big housing funds started by other tech giants.
Compártelo:
6 enero, 2021
Amazon.com Inc. has earmarked $2 billion to support affordable housing projects in three U.S. regions, joining the ranks of other technology giants seeking to alleviate the economic strain fueled in part by their rapid growth. The world’s largest online retailer says it will back efforts to preserve and create affordable housing near its Seattle headquarters, as well as in northern Virginia and Nashville, the two sites that won investments as part of Amazon’s highly publicized search for a second headquarters.