Microsoft Committing $500M Towards Affordable Housing Situation in Seattle

By John Heerdink LinkedIn

Microsoft (MSFT) announced on Thursday this week that it is committing  $500M towards the worsening affordable housing situation in Seattle. The vast majority of the money is to be used to increase housing options for low and middle-income workers as they are being priced out of Seattle.

Microsoft pledges $500 million to tackle housing crisis in Seattle, Eastside

The pledge is the largest in the company’s 44-year history, and comes as Microsoft and other tech giants that have driven the region’s economic boom face increasing pressure to help mitigate affordable-housing shortages…

www.seattletimes.com

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