$23 million

The amount that Amazon will provide to minority-led organizations to build or preserve affordable housing units in Seattle. The funds come from Amazon’s Housing Equity Fund, which launched in January 2021, and will help create more than 500 new housing units. So far the company’s fund has invested more than $1.2 billion in creating or preserving approximately 8,000 affordable homes in the Puget Sound, Wash.; Arlington, Va.; and Nashville, Tenn., areas.