时间：2026-01-02 07:38:29 来源：网络整理编辑：娛樂
Faced with ever-increasing housing prices, people are leaving San Francisco and the Bay Area, and Ap
Faced with ever-increasing housing prices, people are leaving San Francisco and the Bay Area, and Apple, whose corporate home is in Cupertino, California, wants to do something about it.
On Monday, the company announced a $2.5 billion plan to alleviate the issue by investing in affordable housing and helping Californians — especially first-time home buyers and low-income families — buy a home.
“Affordable housing means stability and dignity, opportunity and pride. When these things fall out of reach for too many, we know the course we are on is unsustainable, and Apple is committed to being part of the solution," Tim Cook said in a statement.
The $2.5 billion plan includes a $1 billion affordable housing investment fund, which will provide the state of California and other entities with an "open line of credit to develop and build additional new, very low- to moderate-income housing faster and at a lower cost."
Another $1 billion will go towards a first-time homebuyer mortgage assistance fund, which should help homeowners with financing, with a focus on increasing access to first-time homeownership for "essential service personnel, school employees and veterans."
Additionally, Apple will commit $300 million towards building affordable housing in Apple-owned and available land, a $150 million towards a Bay Area housing fund, and $50 million towards supporting vulnerable populations.
SEE ALSO:Apple's iPhone SE 2 will come in late March, analyst claimsApple says the funding commitment will take roughly two years to be fully utilized, and capital returned to Apple will be reinvested in future projects over the next five years. Furthermore, the company says it will keep looking for ways to support local communities and affordable housing efforts.
Apple’s scheme follows a similar plan by Google, which pledged $1 billion in June 2019 to fight the Bay Area housing crisis, mainly by repurposing Google-owned land for residential housing.
TopicsApple
5 people Tim Cook calls for advice on running the biggest company in the world2026-01-02 07:22
The iPhone 7 sounds like it will be totally boring2026-01-02 07:14
'Game of Thrones' actor sheds more light on the Coldhands mystery2026-01-02 06:52
New York's antiquated steering wheel law poses roadblock to driverless cars2026-01-02 06:47
'Rocket League' Championship Series Season 2 offers $250,000 prize pool2026-01-02 06:45
This bighorn sheep got a photoshop battle that will haunt your dreams2026-01-02 06:36
Oil giants Exxon and Chevron face major climate change tests2026-01-02 06:17
Heavy flooding prompts insane images out of soggy Texas2026-01-02 06:11
Plane makes emergency landing after engine rips apart during flight2026-01-02 05:40
Alarm clock makes you fresh coffee for when your morning sucks2026-01-02 05:12
Chinese gymnastics team horrifies crowd with human jump rope2026-01-02 06:59
'Game of Thrones' actor sheds more light on the Coldhands mystery2026-01-02 06:57
Prince William flawlessly does yoga in white jeans because he can2026-01-02 06:47
Where are all the Valyrian steel swords in 'Game of Thrones'?2026-01-02 06:05
Fyvush Finkel, Emmy winner for 'Picket Fences,' dies at 932026-01-02 06:01
Microsoft will no longer let you use '12345' as your password2026-01-02 06:00
Students pull colorful yearbook prank using identical Hawaiian shirts2026-01-02 05:18
Southwest reveals plane for Shark Week, sharks unimpressed2026-01-02 05:11
Daughter gives her 1002026-01-02 05:09
Tech giants to crack down on hate speech under new EU rules2026-01-02 04:56
