Puget Sound
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Press Releases
Amazon Commits $124 Million to Create More Than 1,000 Affordable Homes near Transit Stations in Washington state’s Puget Sound region and the Arlington, Virginia region
Amazon (NASDAQ: AMZN) announced it will invest over $124.4 million to build 1,060 affordable homes near four public transit sites and work in partnership with the Washington Metropolitan Area Transit Authority (Metro) and Sound Transit, the transit system serving the Central Puget Sound region of Washington state, to complete the housing developments. The new deals stem from Amazon’s $300 million transit commitment from 2021 to create…
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Press Releases
Amazon and Sound Transit Announce a $100 Million Commitment to Accelerate the Creation of an Estimated 1,200 Affordable Housing Units Near Light Rail Stations Across the Puget Sound Region
Amazon (Nasdaq:AMZN) and Sound Transit today announced a partnership to accelerate the creation of up to 1,200 new affordable housing units on Sound Transit surplus properties near light rail stations across the Puget Sound region. Amazon is committing $100 million in below-market funding to developers to help create and expedite the development of Sound Transit property offered for affordable housing. The first $25 million…
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