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Amazon and Other Tech Giants Make Billion-Dollar Commitments to Affordable Housing

Amazon
Some of the world’s biggest companies are investing in affordable housing, hoping to stymie the growing crisis their growth has contributed to.
Amazon’s newly launched Housing Equity Fund¬†promises to build and preserve more than 20,000 housing units near the company’s three U.S. hubs with a $2 billion investment. The program includes below-market grants and loans to “public agencies, housing partners and minority-led groups,” according to Cailin Crowe.

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