Amazon announced today that since December 2023, the company’s Housing Equity Fund (HEF) has committed more than $122 million to help preserve and support the development of over 1,700 affordable homes in Seattle, Bellevue, and Kirkland.
“Since launching the Amazon Housing Equity Fund three years ago, we’ve moved quickly to support local organizations and developers to increase the supply of affordable housing—and we’ve seen the impact we can make,” said Alice Shobe, global director of Amazon Community Impact. “In Bellevue, for example, where we now employ more than 12,000 people, we’ve helped increase the number of affordable housing units by 20%.”