Amazon invests additional $25 million for state’s affordable housing

Published on: March 6, 2023

Amazon is earmarking $25 million for a new public-private housing fund to build affordable homes near transit across Washington state. The funding is from the company’s $2 billion Housing Equity Fund it announced in 2021 to create or preserve 20,000 affordable homes in its headquarters locations.

The tech giant is supporting Senate Bill 5466, a measure that would establish a public-private partnership for affordable housing in high-capacity transit corridors across the state. The bill, currently supported by more than 20 legislators, also includes minimum density standards next to high-capacity transit stations.

Read more HERE.

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