Amazon Commits $125M To Fund Affordable Housing Near Metro Stations

Amazon has reached a deal to help spur the development of new transit-oriented affordable housing in the region where it is building its second headquarters. 
The tech giant announced Wednesday it is committing $125M through a new partnership with WMATA, which runs the Washington, D.C., region’s Metrorail and Metrobus system, that aims to create 1,000 units of affordable housing at Metro-adjacent developments over the next five years. 
The $125M would come in the form of below-market loans, Amazon said in a blog post. It also announced Tuesday it would provide $100M in below-market loans to create affordable housing in the Puget Sound region, and another $75M…

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