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Amazon And Sound Transit Announce A $100 Million Commitment To Accelerate The Creation Of An Estimated 1,200 Affordable Housing Units Near Light Rail Stations Across The Puget Sound Region

Jun 16, 2021•about 4 years ago

Seattle

Description

Amazon (Nasdaq:AMZN) and Sound Transit today announced a partnership to accelerate the creation of up to 1,200 new affordable housing units on Sound Transit surplus properties near light rail stations across the Puget Sound region. Amazon is committing $100 million in below-market funding to developers to help create and expedite the development of Sound Transit property offered for affordable housing.

Company Information

Company

Amazon

Location

Seattle, Washington, United States

About

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

FundzWatch™ Score

Medium Activity