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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Amazon.com Inc | NASDAQ:AMZN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
5.46 | 3.14% | 179.13 | 179.13 | 179.14 | 179.85 | 176.13 | 177.85 | 19,429,736 | 17:21:08 |
By Dave Sebastian
Amazon.com Inc. laid out how it would invest part of its roughly $2 billion Housing Equity Fund for affordable-housing projects in the Washington, D.C., metro area; the Nashville area; and Puget Sound in Washington state.
The e-commerce giant on Wednesday said it is investing $125 million in below-market capital to create more than 1,000 units at Metro stations throughout D.C., $100 million for 1,200 units near light-rail stations in the Puget Sound region and $75 million for 800 units at high-traffic public transit sites in the Nashville area.
The Housing Equity Fund aims to keep and create more than 20,000 affordable homes through below-market loans and grants to housing partners, public agencies and minority-led organizations, Amazon said.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
June 16, 2021 06:50 ET (10:50 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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