Amazon is using its fortunes for good
on January 7, 2021, 14:54
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In brief: Amazon is a company with a hand in just about every industry, but it's seeking to add another to its portfolio now: real estate. Courtesy of the retail giant's new Housing Equity Fund, Amazon will build $2 billion worth of "inclusive housing developments" that will be both affordable and convenient (with closer proximity to local services) for residents.
Amazon says the money, and the housing it will help fund will benefit "moderate-to-low-income" families and individuals in three key locations: Washington's Puget Sound region, as well as Arlington, Virginia, and Nashville, Tennessee.