Apple launching $2.5 billion initiative to tackle California's housing crisis

Apple’s commitment includes a $1 billion affordable housing investment fund, a $1 billion first-time homebuyer mortgage assistant fund, $300 million worth of Apple land opened up for affordable housing, a $150 million Bay Area housing fund that will include long-term forgivable loans and grants, and $50 million to support vulnerable populations.





from TechSpot
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