Which corporation is committing funds for housing? Apple
How is Apple helping housing?
- committed over $400 million to housing programs
- pledged a total funding of $2.5 billion
- $1 billion California affordable housing fund
- $1 billion for home buyer assistance
- using land valued at $300 million for affordable housing
- $150 million committed to Housing Trust Silicon Valley
- $50 million to Destination: Home
- fund over 1,250 new Bay Area affordable housing units
- + aid thousands of first-time California home buyers
Is Apple the only tech company stepping into housing? no, Google and Facebook are each allocating $1 billion to housing, including funding affordable units.
Will tech companies partner to reach these housing goals? Yes, Apple is partnering with nonprofit Housing Trust Silicon Valley
San Francisco Chronicle | Apple commits over $400 million of $2.5 billion California housing pledge