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Amazon Adds $147 Million to Affordable Housing Commitment in Greater DC

Online Retailer’s Latest Financing Promise Would Support 1,460 Units
Amazon’s funding will help preserve 320 affordable units at 2026 Maryland Ave. NE in Washington, D.C., along with 10 other development projects. (CoStar)
Amazon’s funding will help preserve 320 affordable units at 2026 Maryland Ave. NE in Washington, D.C., along with 10 other development projects. (CoStar)
CoStar News
September 17, 2022 | 10:36 P.M.

E-commerce giant Amazon has committed $147 million to construct and preserve affordable housing in Washington, D.C., as part of its $2 billion housing fund it launched to offset affordable housing challenges in the region around its so-called HQ2 project.

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