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.

Overview

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.