Amazon commits $1.4B to Housing Equity Fund, creating 14,000 affordable units in Seattle, Nashville, and Washington.

Amazon has pledged $1.4 billion to its Housing Equity Fund, planning to use the funds to create 14,000 affordable housing units in the Seattle, Nashville, and Washington metro areas. This brings Amazon's total housing pledge to $3.6 billion. The fund was initially established in January 2021 and aims to support affordable housing developments for households earning 30% to 80% of the area median income.

June 11, 2024
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