Powered by

Microsoft: $250M more for affordable housing in Seattle area; Microsoft: $250M more for affordable housing in Seattle area

Jan 15, 2020 - The Canadian Press

SEATTLE - One year after Microsoft announced it was committing $500 million toward affordable housing in the Seattle area, it's upping that by half.

The additional $250 million will provide a line of credit to help the Washington State Finance Commission finance about 3,000 additional units of affordable housing, Jane Broom, the company's senior director of philanthropies, said in a blog post Wednesday.

Microsoft's own success has helped the region boom economically, with Amazon and ...