Amazon Injects $1.4 Billion into Affordable Housing Fund
New investment aims to create and preserve 14,000 housing units in Seattle, Arlington, and Nashville.
- CEO Andy Jassy announced the funding at Seattle’s Pacific Medical Tower.
- The initiative targets households earning 30% to 80% of area median income.
- Amazon's total commitment to affordable housing now exceeds $3.6 billion.
- The fund has already supported over 21,000 affordable housing units.
- Amazon's efforts include partnerships with public agencies and minority-led organizations.