Apple announces $2.5 billion commitment to California's housing crisis
R Sinduja
News Editor
Image Credit: Shortpedia
Apple has announced a notable $2.5 bn commitment to ease out California's housing availability & affordability crisis. The investment includes a $1 bn to an affordable housing investment fund, $1 bn for 1st-time homebuyer mortgage assistance fund & $300 Mn in Apple-owned land which will be made available for affordable housing. Apple will look into similar efforts across Northern & Southern California to prevent homelessness.
