Apple has already made homes easier for thousands of families in America

In 2019, the Apple He promised to invest US$2.5 billion To help the state California, in America, in its housing crisis. Since then, the promise has been long, and Apple has already brought housing projects to 25 districts in the state.

today, Published by Apple It has already achieved a high score US$1.3 billion was investedIn conjunction with California Housing Finance Commission (CalHFA)gives Destination: Home And gives Housing Trust Silicon Valley To help many achieve “new beginnings” in these communities.

In partnership with CalHFA, Apple has already provided thousands of low- and moderate-income people with mortgage assistance and the ability to apply to buy their first home.

In addition, the company introduced an affordable housing investment scheme, which released funds almost immediately 2 thousand new units across the state. Among them are 315 units on Avenue 34 (Los Angeles), nearly 340 units in Redwood Gardens (Berkeley) and more than 230 units in Chico’s Cedar Village, including those affected by the 2018 fire (called “Campfire”)

We are incredibly proud to see families and neighbors move into new homes as a result of our partnerships with affordable housing organizations throughout California. Apple is committed to finding real solutions that help our communities thrive, and these new projects represent solid progress toward fulfilling that promise for many of our Californian colleagues.

—Christina ScrapeVice President of Global Real Estate and Facilities at Apple

A partnership with Destination: Home to end homelessness in Silicon Valley has also paid off. Along with Apple, the nonprofit has expanded its homelessness prevention program (Homelessness Prevention System), which provided financial and rental assistance to many 20 thousand families During the Covid-19 pandemic. With the support of Apple, it was almost possible to finance 1,700 units Support and bring Wi-Fi to very low-income housing in the San Francisco Bay Area, as well as many housing communities.

In the press release, Apple further highlighted a residential campus in Pittsburgh Veterans Square. Opened in March this year, the building has 30 apartments and provides housing for veterans and individuals with high housing needs.

Markus Ferdinand, the building’s service coordinator, was considered a partner by Apple: “He is a consultant and a friend to the residents of the complex, taking care of them and adapting to the new environment.” Ferdinand also commented on the initiative:

A partnership like this with Apple is very important. Outside of them, there isn’t much for those who don’t have a stable income or access to family resources – it’s heartbreaking. But I’m really excited to be a part of it and help our residents get started again.

In addition to Marcus’ story, Apple shared the stories of many other residents who feel satisfied and fulfilled in their new homes.

Another agency that has done a lot to alleviate housing problems in California Googlewhat Also shared today Makes a commitment to help the San Francisco Bay Area.

Mountain View is also committed to investing $1 billion In 2019, it supported the development of 23 housing projects in this area alone, promising to expand more over the next three years.

In fact, the initiatives of the two companies are very important. 👏