Apple is continuing its investment in affordable housing in California with a new partnership that aims to fund new developments in San Francisco.
Render of a proposed new housing development in San Francisco, backed by Apple. (Source: Apple)
Render of a proposed new housing development in San Francisco, backed by Apple. (Source: Apple)
Apple has been supporting affordable housing in its home state since 2019. At that point, it committed to spending $2.5 billion, and by 2021 had invested almost half of that.
“We believe everyone deserves a place to call home,” said Kristina Raspe, Apple’s vice president of Global Real Estate and Facilities in a statement, and we’re proud that Apple’s $2.5 billion initiative is supporting more affordable housing options across the state.”