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Thursday, 2 September 2010

Google Invests $86 Million In Low-Income Housing

Google has announced plans to build 480 low-cost rental housing units in seven communities across the American West to Midwest.

The housing complexes being built with the fund include a range of one to four-bedroom apartments, and offer a shared laundry facility and community gathering area; effectively creating 500 new units of affordable housing. The release says that Google has also recently invested in two other low-income housing projects for senior citizens, one in the San Francisco Bay community of Sunnyvale, and the other in the Los Angeles County community of Inglewood. - TechCrunch

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