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Amazon Commits $1.4 Billion To Replenish Affordable Housing Fund

Tech Giant Aims To Build or Preserve Another 14,000 Units Across Three Major US Cities
Amazon recently teamed with the Seattle-based Low Income Housing Institute to buy the Aventine apartments in downtown Bellevue, Washington, one of the nation's most expensive districts for renters. (CoStar)<br>
Amazon recently teamed with the Seattle-based Low Income Housing Institute to buy the Aventine apartments in downtown Bellevue, Washington, one of the nation's most expensive districts for renters. (CoStar)

Amazon said it is adding $1.4 billion to its program to help build and preserve affordable housing in regions where the e-commerce giant has faced complaints that its well-paid tech workers helped drive up rents and home prices.

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