Google reveals plans to build 20,000 Bay Area homes

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The pledge, revealed in a blog post by CEO Sundar Pichai, claims the commitment will add 20,000 new homes to the area over the next decade, including at least 5,000 affordable units. The plan..

Google is pledging $1 billion to help build 15,000 new homes and 5,000 affordable housing units across the Bay Area.. Google to spend $1 billion to build 20,000 homes in Bay Area.

The fund will allow Google to subsidize affordable housing development, which high Bay Area construction costs and land prices can make difficult to build. Google released its plan to invest $1B.

As we work to build a more helpful Google, we know our responsibility to help starts at home. For us, that means being a good neighbor in the place where it all began over 20 years ago: the San Francisco Bay Area. Today, Google is one of the Bay Area’s largest employers.

Google reveals plans to build 20,000 Bay Area homes Only a quarter of which will be affordable to people who don’t work for Google. Hopper app now predicts hotel prices around the world

Additionally, Google is setting up a $250 million investment fund for developers to build more than 5,000 affordable housing units in the area. It also plans to give $50 million to nonprofits focused on homelessness and displacement."Across the region, one issue stands out as particularly urgent and complex: housing," Pichai wrote.

Google reveals plans to build 20,000 Bay Area homes Engadget – kris holt google says it’ll invest in thousands of new homes in the Bay Area over the next decade, in the hopes of helping many of its employees and other residents find an affordable place to.

June 19 (UPI) – Google on Tuesday announced plans to invest $1 billion to build 20,000 homes in the California Bay Area over the next 10 years.

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Sundar Pichai. Google reveals plans to build 20,000 Bay Area homes. Engadget – Kris Holt. Google says it’ll invest in thousands of new homes in the Bay Area over the next decade, in the hopes of helping many of its employees and other residents find an affordable place to live in one of the planet’s most expensive regions.