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Google wants to be a ‘good neighbor’ by pledging $1B to Bay Area housing

The Next Web Wednesday, 19 June 2019
Google wants to be a ‘good neighbor’ by pledging $1B to Bay Area housingSan Francisco is home to the tech elite, and is one of the most expensive places to live in the world, thanks to scores of tech firms moving in over the past couple of decades. Now, Google wants to make it a little more affordable. The internet giant said it will help build 20,000 homes in the Bay Area over the next ten years by pledging $1 billion toward the goal. To that effect, The company will repurpose at least $750 million worth of the land it already owns in the Bay Area for residential housing. “We hope this plays a…

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News video: Google Pledges $1B To Housing Crisis That Critics Say It Helped Create

Google Pledges $1B To Housing Crisis That Critics Say It Helped Create 01:32

The company announced a $1 billion investment in San Francisco Bay Area housing, promising to add 20,000 homes in 10 years.

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