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

Sponsored Whitepapers

Is the technology refresh dead?
Is the technology refresh dead?
DevSecOps: A framework for digital innovation
DevSecOps: A framework for digital innovation
Encryption: Protect your most critical data
Encryption: Protect your most critical data
Overcoming data security challenges in a hybrid, multicloud world
Overcoming data security challenges in a hybrid, multicloud world
Move beyond passwords
Move beyond passwords

Events

Most Read Articles

Vodafone hit by nationwide 4G outage

Vodafone hit by nationwide 4G outage
NAB's chief data officer Glenda Crisp leaves bank

NAB's chief data officer Glenda Crisp leaves bank
Westpac to offer smartphone-based identity verification group-wide

Westpac to offer smartphone-based identity verification group-wide
TPG, Optus, Nokia to shape national emergency mobile broadband network

TPG, Optus, Nokia to shape national emergency mobile broadband network
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?