Share
Amazon employs more than 75,000 workers in the Seattle area and is also in the process of building a second headquarters in Arlington, dubbed HQ2, and a distribution hub in Nashville.
The company has about 1,000 employees each in Arlington and Nashville, and plans to increase the number in each city to 5,000 over the next five years.
Another planned division of HQ2 in New York's Long Island City was scuttled after opposition from officials, including Rep. Alexandria Ocasio-Cortez, who raised concerns that housing costs in the area would skyrocket.
Amazon's new 'housing equity fund' will make grants and below-market loans available for housing partners, public agencies, and minority-led organizations, the company said.