Microsoft Pitches in an Additional $65 Million for Affordable Housing

Seattle Times, Nov. 19, 2020–Katherine Khashimova Long
Microsoft is boosting support for affordable housing. The company will make two loans totaling $65 million to Seattle housing groups to help create more than 1,000 new affordable housing units in the Seattle area. Microsoft will invest $40 million in an initiative to reduce rents in existing market-rate housing in Bellevue and Kirkland, Wash.