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Amazon-Backed Apartment Development in Seattle Suburb Lands Loan Package

E-Commerce Giant Is Putting Money Into Affordable Housing Near Its Biggest Employment Hubs
Amazon's corporate headquarters in Seattle. The company is making an investment in affordable housing development in a nearby suburb. (CoStar)
Amazon's corporate headquarters in Seattle. The company is making an investment in affordable housing development in a nearby suburb. (CoStar)
By Clare Kennedy
CoStar News
January 5, 2022 | 11:13 P.M.

E-commerce titan Amazon is wading into the world of affordable housing finance by investing in a project in its own backyard, where detractors say its rise to prominence has inflated the housing market.

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