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:

Most Read Articles

Log In

Username / Email:
Password:
  |  Forgot your password?