Apple Invests $50 Million in Bay Area Affordable Housing Fund

Reported 10 months ago

Apple is collaborating with the philanthropic arm of the Sobrato real estate firm and two other organizations to create the Bay Area Housing Innovation Fund, contributing an initial $50 million to support affordable housing projects. This initiative is part of Apple's broader commitment to invest $2.5 billion in affordable housing across California, aimed at addressing the housing crisis exacerbated by the tech sector's growth in the region.

Source: YAHOO

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