Amazon Unveils $40 Million Fund for Homeownership in New Push
The homeownership program will back projects near the company’s headquarters sites in Seattle and Arlington, Virginia, as well as Nashville.
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Amazon.com Inc. is making its first foray into support for home ownership, putting up $40 million through nonprofit partners to create affordable housing.
The move comes after the e-commerce giant has provided some $1.7 billion to create or preserve affordable rental units as part of a $2 billion initiative launched two years ago.