Amazon’s Funding Affordable House Near Some Offices

What do I need to know about Amazon’s program to fund affordable housing solutions near its offices in Virginia, Tennessee and Washington?

• Amazon is outing $2 Billion into the effort
• 20,000 affordable homes will be preserved or created in the Arlington, Va.; Nashville, Tenn.; and Seattle areas
• Funding options will be in the form of below-market capital in the form of loans, lines of credit and grants

Tech companies have faced criticism over driving up home prices in the Bay Area that displaced longtime residents

The Hill | Amazon to spend $2 billion on housing near key company offices