Amazon Commits $300 Million To Develop Affordable Housing In Three Cities

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The 3 cities Amazon has commited $300 million to develop affordable housing in

It’s the latest round in Amazon’s Housing Equity Fund partnership in the greater Washington region. The support follows its investment of $381.9 million in below-market loans and grants to the Washington Housing Conservancy to preserve and create up to 1,300 affordable homes on the Crystal House property in Arlington, which Amazon announced in January.

In Nashville, Amazon is committing $75 million in below-market capital for developers to create 800 new housing units on privately owned land within a half-mile of WeGo transit corridors.

 

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