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

Gallery: The epic four-day Antarctic trek to maintain ONE IoT device

Gallery: The epic four-day Antarctic trek to maintain ONE IoT device
ANZ prototypes 21 new apps in three-day open banking sprint

ANZ prototypes 21 new apps in three-day open banking sprint
Telstra blocks 2.9m scam calls in one month

Telstra blocks 2.9m scam calls in one month
CBA primes app for $10bn welfare payments clawback

CBA primes app for $10bn welfare payments clawback
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks
Your mobile devices may not be secure – learn how to fix that
Your mobile devices may not be secure – learn how to fix that

Events

Log In

Username / Email:
Password:
  |  Forgot your password?