Microsoft pledges $500M to tackle Seattle housing crisis. pledge by Microsoft to develop affordable housing for low- and middle-income workers in response to the Seattle region’s widening.
Redmond-based tech giant Microsoft has pledged $500M to help address the growing need for affordable housing in the Puget Sound. The company hopes the funds will result in the building of tens of.
Microsoft pledges $500M to tackle Seattle housing crisis. Next Post. Legislators hike housing allowance by 20 per cent as Toronto rental rates.
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And $25 million in philanthropic grants have been allocated to tackle homelessness in the greater Seattle region. in killing that effort. Microsoft’s endeavor to ameliorate the housing crisis.
Microsoft pledges $500M to tackle seattle housing crisis file – In this March 8, 2017 file photo, a person walks up a hill next to tents lined up beneath a highway and adjacent to downtown Seattle.
Microsoft will also ask state legislators to double the state housing trust fund, taking it from $100 million for affordable-housing development to $200 million. For Microsoft, the fund is also a.
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Microsoft is offering discounts for many of their cloud solutions, Microsoft pledges $500M to tackle Seattle's affordable housing crisis. 0:00.
Microsoft will loan the rest, $250 million, at market rate to finance construction of low-income housing. Smith and Hood wrote that Microsoft had teamed up with the Seattle-based real estate firm.
Microsoft announced that it's pledging $500 million to help alleviate Seattle's housing crisis.. In cities like Seattle and San Francisco, the arrival of tech giants has been linked with skyrocketing house prices.. fighting back against greed, but the left wishes to fight anything that doesn't agree with them.
. more than money to fix the housing crisis. microsoft said another critical need is "public policy change to make it easier and more attractive to build affordable housing." Mayors from nine of the.
The Puget Sound region has been facing a housing crisis. Today, Microsoft has announced that it will be committing $500 million in order to increase affordable housing in and around Seattle. This.
As the tech industry Microsoft brought to the region has boomed with the expansion of Amazon and other companies, the cost of housing has soared. Microsoft pledges $500M to tackle Seattle housing.