Apple is partnering with the philanthropic arm of billionaire real estate developer John Sobrato and two other nonprofit groups to launch a $50 million fund intended to build or preserve affordable housing in the San Francisco Bay Area, where explosive tech sector growth has contributed to some of the nation’s highest housing prices.
Apple Teams With Billionaire Developer To Build Affordable Homes in California's Bay Area
Firm Launches Fund in $2.5 Billion Pledge To Offset Rising Costs Fueled by Tech Sector Growth
CoStar News
July 17, 2024 | 10:37 P.M.
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- Apple Inc.
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- Amazon
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