“Apple Commits $2.5 Billion to Ease California Housing Crunch”
November 4, 2019
“Apple on Monday announced a $2.5 billion plan to help address the housing crisis in California, becoming the latest tech giant in the state to address a problem that it helped cause…
Apple joins other Big Tech companies based in California seeking to ease the state’s severe housing crunch. Facebook said last month that it would give $1 billion in a package of grants and loans in California; in June, Google pledged $1 billion for a similar effort.
Microsoft pledged $500 million toward affordable housing in Seattle in January…”