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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.
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