Google reveals plans to build 20,000 Bay Area homes

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Through this, the company hopes to "support the development of at least 15,000 new homes at all income levels in the Bay Area, including housing options for middle and low-income families." Additionally, Google is setting up a $250 million investment fund for developers to build more than 5,000 affordable housing units in the area.

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 · June 18 (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. In a post on the company’s blog, CEO Sundar Pichai said the plan involves repurposing some of the company’s land and providing incentives for developers to construct affordable housing.

Google announced a $1 billion commitment to ease the Bay Area’s housing crisis. $750 million of the $1 billion to build housing on its own land, and wants to add about 20,000 homes across the.

After announcing a fresh investment of $600 million in expanding its data centre in Oklahoma, Google has now decided to invest $1 billion for 20,000 homes in the Bay Area in San Francisco.

Google’s building 20,000 new silicon valley homes (since California won’t) and a new predictive hotel app can guess room prices around the world.. Google reveals plans to build 20,000 Bay Area.

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Whether it’s enlightened self interest or flat recognition of the housing crisis, Google’s pledge to create 20,000 homes is.

Google reveals plans to build 20,000 Bay Area homes Google’s Bay Area housing plans include at least 5,000 affordable units. 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.

$1 billion for 20,000 Bay Area homes – 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.

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 · 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.