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What's Next: Ensure Amazon's Housing Equity Fund Helps Low Income Residents

What's Next: Ensure Amazon's Housing Equity Fund Helps Low Income Residents
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Amazon allots $300 million for housing near mass transit

KXLY June 16, 2021 3:45 PM Associated Press Updated: ARLINGTON, Va. (AP) Amazon is providing $300 million in low-interest loans to support housing located near mass transit in the Washington, D.C., area and the Seattle and Nashville, Tennessee, regions. The largest amount, $125 million, is earmarked for the nation’s capital region, where Amazon is building a second headquarters that will support 25,000 jobs, the company announced Wednesday. Amazon is working with the Washington Metropolitan Area Transit Authority, which runs the region’s Metrorail system. The money will be used to fund 1,000 affordable housing units or low- and moderate income families. Amazon’s second headquarters is being built in the Crystal City neighborhood of northern Virginia, which is served by Metrorail and other forms of mass transit.

Amazon helps WMATA develop affordable housing on Metro land

Amazon helps WMATA develop affordable housing on Metro land
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