'Amazon Commits $147 Million to Create and Preserve 1,260 Affordable Homes, Primarily With Minority-Led Developers Across Washington, D.C.' Details:
investments. Of this total, $696 million will be used to create or preserve nearly 3,600 units of affordable housing in partnership with minority-led organizations.
Since launching in January 2021, the Amazon Housing Equity Fund has increased the long-term committed multifamily affordable housing stock in Arlington by 22% . These newly announced projects will build on this success and increase access to affordable housing throughout Washington, D.C. Amazon’s $147 million commitment was announced at an event held at Congress Heights – an affordable housing project being developed in Washington, D.C.’s Ward 8.
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