Investment marks largest to date for the Austin Housing Conservancy Fund
AUSTIN, Texas /3BL/ - PNC Bank announced a commitment to invest $10 million in the Austin Housing Conservancy fund, an.
A luxury apartment building acquired by the Washington Housing Conservancy will be converted into 212 rent-stabilized housing units for middle-income workers.
Amazon Launches $2 Billion Housing Fund to Make 20,000 Affordable Homes Available for Working Families in 3 Cities
Jan 16, 2021
Amazon this month unveiled a new Housing Equity Fund, investing more than $2 billion to preserve and create over 20,000 affordable housing units in three communities where the company has thousands of employees Washington State’s Puget Sound; Arlington, Virginia; and Nashville, Tennessee.
Amazon’s Housing Equity Fund will help preserve existing housing and help create housing developments through below-market loans and grants to housing partners, public agencies, and minority-led organizations.
The Fund seeks to “ensure that moderate- to low-income families can afford housing in resource-rich communities with easy access to neighborhood services, amenities, and jobs,” according to a news release.