Microsoft pledges USD 500 mn to ease local housing crunch
Microsoft on Wednesday pledged USD 500 million for loans and grants aimed at ramping up construction of affordable housing in the Puget Sound area of Washington state where the US technology giant has its home.“In recent years, our region hasn’t built enough housing for the people who live here,” Microsoft executives Amy Hood and Brad Smith said in a blog post.”We are committing USD 500 million as a company to advance affordable housing solutions.” Microsoft was only a few years old when it moved from New Mexico to the Seattle area…
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