Amazon invests $1.4 billion in affordable housing in regions with corporate offices

Reported 7 months ago

Amazon adds $1.4 billion to its housing fund in areas with major offices, on top of the $2.2 billion already invested. The company aims to create or preserve 35,000 affordable housing units in regions like Seattle, Arlington, and Nashville. The funding helps non-profit and for-profit developers build or maintain homes through grants and below-market-rate loans, benefiting individuals with low-to-moderate incomes.

Source: YAHOO

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