Google invests US$1 billion to ease housing shortage near California HQ

By on
Google invests US$1 billion to ease housing shortage near California HQ

Will set aside US$750 million in land and US$250 million in financing to spur developers.

Alphabet Inc's Google announced on Tuesday it would set aside US$750 million in land and US$250 million in financing to spur developers in the San Francisco Bay Area to build at least 20,000 homes and rehabilitate other housing over the next decade. Google, which told Reuters it has 45,000 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
alphabet cloud finance google hardware storage

Most Read Articles

Windows flaw lets Zoom leak network credentials, runs code remotely

Windows flaw lets Zoom leak network credentials, runs code remotely
Woolworths, Coles to raise tap-and-go limit to $200

Woolworths, Coles to raise tap-and-go limit to $200
Google location data shows Australia grinding to halt

Google location data shows Australia grinding to halt
Australia launches COVID-19 app, WhatsApp chat

Australia launches COVID-19 app, WhatsApp chat
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Here's the fast, cost-effective way to deploy Single Sign-On for Office 365
Here's the fast, cost-effective way to deploy Single Sign-On for Office 365
Driving business innovation through private cloud solutions
Driving business innovation through private cloud solutions
Future proofing your datacentre with hyperconverged infrastructure
Future proofing your datacentre with hyperconverged infrastructure
The Network for the Digital Business Starts with the Secure Access Service Edge (SASE)
The Network for the Digital Business Starts with the Secure Access Service Edge (SASE)
Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?

Events

Log In

Username / Email:
Password:
  |  Forgot your password?