Amazon Commits $1.4 Billion to Build 14,000 Affordable Homes
- New pledge brings affordable housing outlays to $3.6 billion
- Fund aimed at Seattle, Nashville and Washington metro areas
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Amazon.com Inc. committed $1.4 billion to its Housing Equity Fund, extending a push to back affordable housing in the Seattle, Nashville and Washington metro areas.
The funds will be used to create 14,000 affordable units in those locales, the company said Tuesday in a blog post, and brings Amazon’s total housing pledge to $3.6 billion.